A home pre-approval is about you. A commercial pre-approval is mostly about the property, and that changes everything. Bring us in early and we will tell you where you realistically stand, and put the full market to work on your deal.
Ask about a commercial pre-approvalOn a home, a lender pre-approves you off income and credit. On commercial, the building largely qualifies the loan, and every building is different.
Net income, condition, tenancies and leases, asset class, and location all shape how much a lender will advance, and on what terms.
A bank, a credit union, a CMHC-insured lender, and a private lender can each value the deal and your leverage differently. There is no one answer to shop.
Insured versus conventional, amortization, debt coverage, and recourse often move what is possible more than the headline rate.
Commercial deals often lean on more than the subject property, which is where most borrowers leave value on the table.
A commercial deal does not have to stand on the subject property alone. Equity in your home, other real estate you own, and your broader financial picture can all be brought to bear to strengthen the file, raise your leverage, or bridge a gap. Because we run both the residential and commercial sides under one roof, we can structure across your whole balance sheet to get the deal done, rather than looking at one property in isolation. That is the difference between a generic answer and a deal that closes.
Financing uncertainty is what stalls commercial deals. Partner with us and your clients move with confidence: we give them a realistic, property-specific read early, work the whole lending market, and structure across all of their assets to get to a close. We keep you informed throughout, and your client sees you brought the right team to the table. We do not pay for referrals; we earn them with execution and by making you look good on every file.
Partner with us on a dealTo give you a real read, the most useful things to share are:
From there we can tell you what is realistic and start lining up the financing.
Send us the property and your situation. We will assess it across the full lending market, look at how your assets can strengthen the deal, and tell you where you realistically stand. A licensed member of our team will follow up, at no cost.
Talk to our commercial teamInformation here is general and educational. It is not financial, legal, or lending advice, an offer of financing, a pre-approval, or a guarantee of qualification or terms. Commercial financing and any pre-approval depend on the property, its income and condition, the borrower, the lender, and supporting documentation, and are subject to full lender and property review and approval. Using other assets as security has its own risks and is considered case by case. TMG HarbourTown Mortgage Inc., Licence #3000145.