A commercial real estate loan is a mortgage secured by a lien on commercial property as opposed to residential property. Commercial real estate (CRE) refers to any income-producing real estate that is used for business purposes; for example, offices, retail, hotels, and apartments.
Commercial Loans
Commercial Loan FAQs
What is a commercial real estate loan?
A commercial loan is financing secured by commercial property such as office, retail, industrial, or multifamily buildings.
What types of properties qualify?
Office buildings, retail centers, warehouses, apartment complexes, and other income-producing properties.
How much down payment is required?
Commercial loans generally require larger down payments than residential, often 20 to 30%, depending on the property and loan.
How is a commercial loan underwritten?
Lenders evaluate the property income, the borrower financials, and the ability to repay.