Commercial mortgages are governed by different laws and regulations than residential mortgages. So the rates and products that are available are affected by different market forces.
Commercial mortgage rates have rarely kept pace with residential mortgage rates, and typically are higher than residential. In this environment, where compliance and legal requirements can add complexity and higher rates can add risk, it's especially important to have a brokerage with proven experience of over 25 years when you venture into the commercial mortgage market.
As with our residential services, we maintain a large network of private and institutional lenders to find the best arrangement for our commercial clients. Castlerock Financial will be happy to consult with you and help you compare for business.