Commercial financing.Independent thinking.

A commercial mortgage is financing secured against income-producing or business-use real estate—such as apartment buildings, retail, office, industrial, or mixed-use properties—rather than an owner-occupied home. Qualification, rates, and terms are driven largely by the property's income and the borrower's covenant, not personal income alone.

Debt-service coverage ratio (DSCR) measures a property's net operating income against its annual mortgage payments. A DSCR of 1.25, for example, means the property earns 25% more than it needs to cover the loan. Most commercial lenders set a minimum DSCR (often around 1.20–1.25), and it's one of the biggest factors in how much you can borrow.

It depends on the property type, lender, and program. Conventional commercial financing commonly requires 25–35% down, while CMHC-insured multi-unit residential programs can allow meaningfully higher leverage. The right structure depends on the asset and its income—we can model scenarios with you before you commit.

MLI Select is a CMHC mortgage-loan-insurance program for multi-unit residential properties (5+ units). It offers higher leverage, longer amortizations, and lower rates in exchange for meeting points-based commitments around affordability, energy efficiency, and accessibility. It's a common tool for multifamily acquisitions and new construction.

Construction financing is advanced in stages (draws) as the project progresses—from land and pre-construction through completion and stabilization—and is typically paired with a takeout plan to refinance into a term mortgage once the project is complete. Budgeting, cost-to-complete tracking, and the draw schedule are central to how it's structured.

We arrange commercial mortgages and capital advisory across Halifax, Bedford, and Nova Scotia, working with owners, developers, and investors. Our office is at 30 Damascus Rd, Suite 212, Bedford, NS. Reach us at (902) 298-0218 or through the contact form to discuss your deal.