Known as the smallest and most western territory, Yukon has a population of approximately 36,000 people of all backgrounds. For most people in such cities, it’s a common misconception that businesses don’t need commercial loans. The money from a commercial mortgage can be used for a variety of ways to manage real estate. Whether the company needs to buy and develop a new property, an existing one or all of the above together. Since such loans offer favorable rates, you do have to be approved first in Yukon. Approval is contingent on your credit score, debt service coverage ratio, and the current business situation.
At Smarter Loans, we have a more natural way for your business to get approved for the commercial loan based on your needs.
8Twelve Mortgage is a leading national mortgage brokerage dedicated to simplifying the home financing process across Canada. With direct access to 65+ lenders and over 7,000 tailored mortgage solutions for purchases, refinancing, and renewals, they ensure fast approvals, competitive rates, and unparalleled customer service. Their team of experts is committed to helping you achieve your financial goals with ease and confidence.
The educational interests of Yukon residents lie primarily in health and related fields, personal, protective and transportation services, social and behavioural sciences and law.
The recent estimates put Yukonâs population at 35,900.
Yukonâs leading hiring sectors are accommodation and food services, professional, scientific and technical services, transportation and warehousing.
According to the most recent available information, Yukon reports 9,700 listed home owners.
The employment rate in Yukon is 70%.
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 helps you get in touch with local Commercial Mortgage lenders in Yukon for your financing needs.
See our catalogue of Commercial Mortgage lenders to get access to the latest Commercial Mortgage rates in Yukon.
Commercial Mortgages are typically used for these goals
buying an office building
building a shopping center
setting up an industrial warehouse
redeveloping/renovating properties
gaining a lower interest rate due to the secured nature of commercial mortgages
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