Commercial mortgage - pros and cons

[Michael Rivera]

Hi all,

         Planning to take a commercial mortgage. But, before that, I would like to know the pros and cons of using it. If anyone of you has used it, kindly share the details.

          Would like to ask few questions:

           1.What are the criterions for qualifying for this mortgage?

            2.How long will it take to complete the procedures for the loan?

 One of my friends suggested an Ontario commercial mortgage and wish to contact them. But, before that, I would like to know your suggestions.

           Your replies will be highly appreciated.

Thanks in advance