Citadel Mortgages understands this exceptional market and has a commercial division that has established excellent relationships with lending partners such as banks, credit unions, trust companies, private institutions, and individual investors to ensure your commercial mortgage needs are met.
At Citadel Mortgages, we specialize in providing tailored commercial mortgage solutions for Canadian businesses. Whether you’re acquiring property, expanding your operations, or refinancing, our expert team is here to guide you through the process and secure the best terms for your needs.
A commercial mortgage is a loan designed for businesses or investors to finance properties used for commercial purposes, such as office buildings, retail spaces, industrial warehouses, or multi-residential units. Unlike residential mortgages, these loans are structured based on the property’s income potential and the borrower’s business financials.
Expand your operations by owning your property instead of leasing.
With competitive interest rates, you can lower monthly expenses and reinvest in your business.
Lock in fixed rates or benefit from flexible variable terms tailored to your needs.
Interest payments on commercial mortgages may be tax-deductible.
To secure a commercial mortgage, lenders assess both the property and the borrower’s financial standing:
Prepare these key documents to streamline the application process:
Most commercial mortgages range from 5 to 10 years, with amortization periods of up to 25 years.
Yes, commercial rates are generally higher due to increased risk, but Citadel Mortgages works to secure the most competitive rates.
Yes, refinancing can help lower your interest rate, consolidate debt, or access equity for business growth.
Yes, an independent appraisal is required to determine the property’s market value.
| Metric | Value |
|---|---|
| Average Commercial Loan Size | $1.2 million |
| Typical Down Payment Required | 25%-35% |
| Average Fixed Rate (5-Year) | 5.75% |
| Loan Approval Rate | 85% (businesses with strong financials) |
We connect you with Canada’s leading banks, credit unions, and private lenders for competitive rates.
Our experts craft a mortgage strategy that aligns with your business objectives.
From application to closing, we simplify the process, saving you time and effort.
Benefit from promotional rates and flexible terms available only through Citadel Mortgages
Securing a commercial mortgage is a significant step toward achieving your business goals. At Citadel Mortgages, we provide expert advice and customized solutions to ensure your success. Whether you’re purchasing a new property or refinancing an existing one, contact us today to explore your options and get started!
Copyright © 2018 Citadel Mortgages
Head Office – 150 King Street West 2nd Floor Suite 335, Toronto, ON M5H 1J9
Alberta Office – 421 7th Avenue S.W., 30th Floor, Calgary, Alberta, T2P 4K9
Nova Scotia Office – 1701 Hollis Street, Suite 800 Halifax, NS B3J 3M8
Saskatchewan Office – 2010 – 11th Avenue 7th Floor Regina Saskatchewan S4P0J3
Newfoundland Office – 1 Church Hill – Suite 201-522 St. John’s Newfoundland A1C 3Z7
New Brunswick Office – 500 St George Street, Moncton NB, E1C 1Y3
British Columbia Office – 900-2025 Willingdon Avenue, Burnaby BC, V5C 0J3
Montreal Office – 1155 Rue Metcalfe #1500, Montreal, QC, H3B 2V6
Disclaimer
Citadel Mortgages operates an information-based website designed to display mortgage rates from its trusted partners. While we strive to present accurate and up-to-date information, we cannot guarantee the precision of the rates or other details provided at all times. Citadel Mortgages assumes no liability for errors, inaccuracies, or damages resulting from the use of the information on this site. Terms and conditions apply, and it is essential to consult directly with a licensed mortgage broker for personalized advice and accurate details about specific products and services. Please note that the rates displayed are for informational purposes only and may differ from actual rates offered.
Citadel Mortgages is licensed to operate in the following jurisdictions:
Instant Approval, Conditional Approval, Pre-Approval
All approvals are subject to credit and underwriting approval. Not all borrowers will qualify for conventional or equity financing. The receipt of an application does not constitute a financing approval or guarantee of an interest rate. Restrictions apply. The Annual Percentage Rate (APR) is subject to underwriting and approval, and fees and terms may vary. Contact us for the most current rates and further information about specific products. OAC (On Approved Credit).
We remain committed to delivering outstanding service, transparency, and ethical practices. Please note that some rates are province-specific and may change without notice. Rates may not be available in Quebec; please contact us directly to confirm availability and approval.
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