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Commercial Mortgages in Ottawa

Founded in 1826, Ottawa is the capital city of Canada with a deep history, many small businesses, and residents of all backgrounds. It’s not uncommon for a company to need some money during the year to manage properties and commercial interests. This can include anything from buying land, developing new or existing properties or all of the above. A commercial mortgage can help with all of the above, and offer the bonus of capital gains, and favorable interest rates compare to unsecured loans. However, for a commercial mortgage in Ottawa, you do have to be approved first. This is contingent on factors such as debt service coverage ratio, credit history, and the size of down payment.

At Smarter Loans, we provide an alternative to make it easy for you to get the commercial mortgage suited for you.

Listed below you will find the most reputable loan providers in Ottawa, looking to help you. Take a moment to compare the terms of the loan, loan type, and if its nonrecourse vs. recourse. Once you are ready to proceed, click “Apply Now” next to a company of your choice and finish an online application. You will be notified immediately if you have been approved for the commercial mortgage and will receive the loan within a few business days. If for some reason you have issues with your credit score don’t worry, many of the companies are still able to help you.

The other option is to “Pre-Apply” with Smarter Loans so that we can do the heavy lifting and connect you to the best-suited lender for you.

Ottawa Statistics Bulletin

  • Ottawa incorporation year: 1855 is located in Southeastern Ontario. Ottawa’s population: 934,000.
  • According to the latest stats, there are 245,000 registered home owners in Ottawa.
  • Ottawa’s key employment sectors are wholesale trade, public administration, arts, entertainment and recreation.
  • Based on the most recent stats, an average consumer debt in Ottawa is at $34,800. For this criterion Ottawa is a little below Ontario’s average.
  • Based on the latest available information, an average Ottawa inhabitant makes $53,100 per month.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Smarter Loans is your one-stop source for locating appropriate Commercial Mortgage lenders in Ottawa for your borrowing needs.

Browse through our catalogue of Commercial Mortgage companies to get access to current Commercial Mortgage rates in Ottawa

Commercial Mortgages are usually utilized for

  • buying an office building
  • building a shopping center
  • refinancing commercial properties
  • building an apartment complex
  • setting up an industrial warehouse
  • gaining tax benefits on interest amounts

What our users think...

4.5
Based on 138 reviews
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Nate CampeauNate Campeau
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Bles4lif Pro-DreBles4lif Pro-Dre
19:29 23 Oct 24
Vincent JohnsonVincent Johnson
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels HillKels Hill
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara HartTara Hart
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A ScottA Scott
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”
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