Commercial mortgage underwriting in BC is income-driven, not borrower-driven. Lenders assess whether your property generates sufficient Net Operating Income (NOI) to service the requested debt. We structure deals that align with institutional and private lender logic.
A commercial mortgage in Canada is a loan secured against a commercial property. The differences between commercial and residential financing are significant—treating them the same way produces poor outcomes.
Review our Standard Requirements Guide for the full list of property and borrower documentation needed for approval.
The ratio of loan amount to appraised value. Institutional caps are typically 65–75% for income properties.
LTV Guide →NOI divided by annual debt service. Lenders generally require a minimum margin of 1.20x to 1.30x.
DSCR Support →The pay-down period; typically 25 years, extending to 40 for CMHC multifamily programs.
Amortization Guide →Fixed or variable pricing based on benchmark bond yields and specific lender spreads.
View 2026 Rates →Most competitive rates for strong deals with full income documentation and conservative LTV. Learn More.
Often more flexible on property type and regional location than national banks. Learn More.
For apartment buildings; dramatically expands lender appetite and extends amortization. Explore CMHC.
For bridge scenarios or equity-heavy files that don't qualify for institutional debt. View Private.
Typically ranges from 25% to 35% depending on property type. Apartment buildings utilizing CMHC insurance can go as low as 15% down. Down Payment Guide.
Yes. Personal guarantees from all principals are standard for BC commercial mortgages below institutional deal sizes. Limited recourse options exist for very large institutional files.
