A Company Owner-Occupied Mortgage is a form of financing for businesses who need to purchase a building or land that they intend to use and occupy as their business premises. These mortgages are typically long-term loans, with terms of up to 25 years, that offer competitive rates and low down payment requirements. The loan can be used to purchase the property and can also include funds for renovations, repairs, and upgrades. With an Owner-Occupied Mortgage, businesses benefit from having a fixed rate on their payments throughout the life of the loan and the ability to claim certain tax deductions
A Commercial Investment Mortgage is a form of financing used by business owners and investors to purchase or refinance commercial real estate. These loans offer flexible terms, competitive interest rates, and the potential for tax savings. The loan can be used for a variety of investments including multi-family dwellings, office buildings, and retail spaces. Commercial Investment Mortgages are usually secured against the property being purchased and generally require down payments of at least 20%. The terms are typically five to thirty years depending on the specific project needs.