Skip to main content
 
 

Commercial Mortgages

Offering financing to meet your commercial mortgage needs

Select Image

At League Savings and Mortgage, we offer commercial lending on a variety of properties from multi-family residential, retail, office, industrial, seniors housing to self-storage. Whether you are looking to acquire a new commercial real estate property or refinance an existing one, you can look to League Savings as your advisor.

Commercial Mortgages are available for:

Select Icon

Purchase

Select Icon

Renovations

Select Icon

New Construction

Select Icon

Transfers/Assignment

Select Icon

Equity take-out

Select Icon

Consolidation

 

Commercial Mortgages at a glance:

Types of Real Estate Covered

Multi-residential
  • CMHC MLI Select insured maximum 95% LTV/LTC
  • CMHC Standard Rental Housing Program maximum 85% LTV/LTC
  • Non-profit organization – Canadian Mortgage and Housing (CMHC) or government guaranteed
  • Conventional based on apprasied value and/or cost
  • Affordable hosuing program (CMHC)
Commercial
  • Strip malls
  • Office buildings
  • Industrial buildings
Property location, condition, marketability, and cash flow, are among the factors that will be considered when determining the loan amortization, DSC requirement and LTV.

Interest Rates

  • Fully competitive in the industry and based on perceived risk that includes location, type, condition, debt service, etc.
  • CMHC – Canada Mortgage Bond plus spread based on location, type, loan amount, borrowing group, debt service, etc.
 

Application Fees

  • Determined by the complexity of the application
  • Applicable CMHC fees
 

Areas Served

  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Prince Edward Island
 
 
Select Image

Our Team

Get to know and connect with our team of commercial lending professionals.

Meet the commercial lending team >

Looking for more information?

Our qualified staff will be pleased to discuss commercial mortgages with you in more detail.

Select Image