The Commercial Mortgage Loan provides up to 90% financing on commercial properties.

Up To

Unlimited

in Available Funds

30 Years

To Repay

Up To

Who is This Loan Primarily For?

Cornwall County businesses wishing to purchase property to create offices

Cornwall County businesses wishing to construct an office on purchased land

Cornwall County real estate investors wishing to add more property to their portfolio

Cornwall County startup real estate investors wishing to purchase their first property

Do I Need Collateral To Apply For This Loan?

No, the building will be used as collateral.

Minimum Amount Disbursed For This Loan?

No Minimum

What Are The Requirements To Apply For This Loan?

• Copy of Registered Title

• Signed Sales Agreement and Evidence of Deposit

• Valuation Report not older than 2 years

• Surveyor’s Report not older than 1 year

• Verification of Income

• Last 3 Months Pay Slips

• Up-To-Date Property Tax Receipt

• Proof of Age of Borrower & Co-Maker

• Letter of Guarantor (where applicable)

• NHT Referral Letter (where applicable

• Discharge of Mortgage (where applicable)

• Income and Expenditure statement and Cash Flow Projections (self employed)

Members who would need the loan for construction would aditionally need the following in order to qualify:

• Approved Building Plan

• Estimate for Work to be Done

• Quantity Surveyor’s Report with Estimated Cost

• Written Agreement with Contractor

Our Team Stands Ready

If you're interested in any of our loans, we'll pair you with our expert customer service representatives, who will work with you to understand how to bring you to the solution they need.

STILL NOT SURE?

Deciding whether Gateway is the right partner for your loan? We know that this is a long-term decision, and we want to ensure that you are fully informed going into this commitment with us.

Learn more about this opportunity by chatting with our agent, or by visiting our Frequently Asked Questions.