A commercial mortgage loan is made using real estate as collateral to secure repayment and is significantly different from residential mortgages. Real estate in this context means any commercial or other business real estate. Recently, there has been a negative investment climate for residential estate investment property providing investors with a new reason to explore investing in a business opportunity.

A primary incentive to use a commercial mortgage loan to invest in a business opportunity is that it can be financed using income generated by the business (an appraisal is carried out to evaluate the recent business income levels). Bond Street Capital can offer you not only a commercial mortgage loan to suit your individual needs but it can also offer you a range of different loans suited to the type of business you want to invest in.

A commercial mortgage loan is usually applied in acquiring land or commercial properties, expanding existing facilities or refinancing existing debt. Are you looking to purchase the premises of your dream business or are you extending your existing premises? You need a commercial mortgage loan but not just any commercial mortgage loan; you need a secure loan from Bond Street Capital. Bond Street Capital is a full service real estate lender that is not limited to a single type of loan product, program or sector. It is a direct lender, generating loans on a national basis while offering exceptional customer service and representation at a local level. There are over 50 Corporate and Branch Offices waiting to give you the right commercial mortgage loan.

It is typically businesses such as partnerships, incorporated business or limited companies instead of individual borrowers that take out a commercial mortgage. A loan of this nature requires a high degree of credit worthiness unlike residential mortgages and in many cases the lender will apply a loan-to-value ratio and expect you to invest a proportion of your own money into the purchase. It is expected that when you apply for a commercial mortgage loan that your business is stable and profitable, that you have a business plan and long-term financial projections. This is to ensure that the business has and will continue to have the ability to make the monthly repayments on the loan. Repayments, in most cases, consist of a balloon payment and monthly installments that extend over a period of anywhere between 5 and 30 years.

However, a commercial mortgage loan is nonrecourse and therefore in the event of a default in repayment, the lender can only seize the collateral and not claim any further from the borrower for any remaining deficiency. Due to this, a commercial mortgage loan is designed to be underwritten based entirely on the attributes of the property being mortgaged. At Bond Street Capital, the opportunity exists to invest in the Conduit Small Balance Program that comes with limited documentation and reduced underwriting. To find out more about this program and other investment offers available from Bond Street Capital such as the 90% Program, the No Prepayment Penalty Program and the Small Balance Construction to Mini Perm Program visit the Bond Street Capital website at www.bondstreetcapital.com.