Optimize Your Business Growth with Our Commercial Mortgage Services
Get the Best Commercial Mortgage Deal In Kingston
Are you aiming to expand your business or develop vacant land into multi-residential properties in and around Kingston? Look no further. Leo Ragusa, Kingston’s leading commercial mortgage broker, and his dedicated team at The Mortgage Professionals are here to assist you. With their expertise, you can secure the most competitive commercial mortgage rates in Kingston and the surrounding areas. Trust Leo and his team to help you achieve your development goals with ease and confidence.
As the area’s commercial mortgage specialists, we can help you obtain a commercial mortgage in Kingston, quickly and conveniently. From commercial buildings to rental properties, we can help you secure financing for any type of property. We routinely work with some of Canada’s largest commercial lenders and can lock in competitive interest rates for a variety of fixed and variable rate mortgages.
Contact Leo today to get advice and help to get the best commercial mortgage
Commercial Mortgages
As a full-service mortgage brokerage in Kingston, we can help you obtain all of your commercial property financing needs. We realize that each business has its own unique requirements and we offer custom mortgage solutions suited to each client’s specific needs. To learn more about our solutions and how we can help you secure the best commercial mortgage interest rate, please contact us today.
We would be happy to meet with you and discuss the various mortgage options available. Leo and his team will respond to all inquiries in a timely manner.
WHAT WORKS BEST?
Types of Commercial Mortgage Lending You Can Apply For
Depending on the type of property you are seeking financing for, we can discuss the following types of commercial mortgages in Kingston and discuss what would work best for your situation.
- Permanent long-term financing
- Short-term bridge debt
- Mezzanine
- Preferred equity
- Participating equity/joint venture equity
- Hard money
- Private note loans
- High leveraged 1st mortgages
- Senior and interim construction financing
HELP WITH FINANCING FOR
Types of Commercial Mortgage Properties
- High-rise and mid-rise condominiums
- Construction financing
- Mixed use property development
- Condominiums for rental purposes
- Student housing developments
- Mixed use property development
- Other types of commercial-purpose developments
CONSTRUCTION MORTGAGES
The 3 Types of New Construction Financing
There are many other things to consider as well when planning to build your own home. Such as what type of construction mortgage in Kingston are you going to need? If you do not own the lot already, a construction mortgage can also be used to help finance the cost to purchase your land, will this be part of the equation? How much will you need of your own equity to get started? Who is going to build your home? These questions plus many more will need to be considered.
Builder/Contractor built home with your money
Customer has entered into an agreement with a registered builder to build their home. The builder requires Financing Draws.
Mortgage Options: Completion Mortgage or Progress Draw
Self-Built Home
Customer wants to act as his or her own contractor. They wish to hire sub trades to complete the work.
Mortgage Options: Completion Mortgage or Progress Draw
Builder built home with their money
Customer requires funds when the home is 100% complete. Mortgages on newly constructed homes, town homes, condominiums.
Mortgage Options: Completion Mortgage
Commercial Mortgage Problems
It can happen to the best of us, if you happened to click on this link then you need some help fast. I have helped many people relieve the stress that comes from mortgage lenders and debt collectors. These types of deals take time to get it done right so that I can put you in the right place and get you back on track.
If you are going power of sale then you need to contact me sooner than later as there are more options available. Mortgage lenders do not want to have to go power of sale because it gets expensive and is time consuming them. However, they will if you give them no choice. I do not judge and promise to get involved quickly to help you sleep at night. Another thing to remember is that there is a lot of sharks out there that want to take advantage of your situation. I am here to help.
Commercial Mortgage FAQs
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How much is a downpayment on a commercial mortgage?
Commercial mortgages require higher down payments than residential mortgages.
If the property is considered lower risk, as would be expected of something like a multi-unit residential building or a commercial storefront with residential apartments above it, you will likely be able to get a mortgage with a down payment closer to 20%.
For properties considered higher risk, such as industrial properties and farm land, you can expect down payment requirements to reach nearly 50%.
- How does a commercial mortgage work?
- How do you qualify for a commercial mortgage in Kingston?
- How long does it take to get approved for a commercial mortgage in Kingston?
- Can I get a commercial mortgage in Kingston with bad credit?
- What is the maximum loan amount for a commercial mortgage?
Leo Ragusa, Mortgage Agent, offers commercial mortgage solutions in Kingston, Belleville, Prince Edward County, Ottawa, Brockville, Toronto and Greater Napanee.