Qualifications for a Commercial Mortgage

Qualification for a commercial mortgage depends largely on the type of property or building that is being applied for. For a more in-depth look at qualifying commercial properties please check out our commercial loan type page.

Despite some specifics on certain properties there are general criteria for qualification. As a business owner it is important for you to be able to show that your company has an appropriate debt to cash ratio. Even a company with a poor credit rating can still receive a commercial mortgage if the primary owner can show good personal credit as well as sufficient liquid assets.

Additionally, your company will need to show a continued and stable pattern of profitability as well as plans for future growth. This might include, but not limited to, copies of your business plan, earning projections and long-term business goals.

For a more detailed and personalized assessment of commercial mortgage qualifications please email or call 215-661-1660 today and speak with one of our commercial loan specialists.

Norstar Mortgage Services Inc. (NMLS# 137481)
2066 Big Rd, Gilbertsville,
Pennsylvania 19525
Phone: 215-661-1660
Fax: 267-654-1401
Email: Dan@norstarmortgage.com

footer image