Arizona and Colorado Commercial Loan Financing To Help Grow Your Business

Whether you’re buying office space, renovating an existing commercial property, or refinancing,  Castle Rock Mortgage offers a wide range of solutions to fund your commercial property needs.

What Are Commercial Real Estate Loans?

Commercial real estate loans are designed to help individuals or business owners finance a property that’s used for business. The loan can be used to purchase a new property, renovate existing commercial properties or refinance one you already own.

Commercial loans differ from personal loans as a lien secures the loan against the commercial property rather than a residential one. Commercial loans tend to have shorter terms ranging from 5 to 20 years, compared to residential loans that go up to 30 years or more.

Interest rates on commercial real estate loans are also higher, ranging from 5% to 11%. Similar to residential loans, you may be able to get a lower interest rate if you put a larger down payment. 

Get Funding To Purchase Various Types of Commercial Properties

Castle Rock Mortgage can help you buy the commercial real estate of your choice, including:

  • Hospitality

  • Office Buildings

  • Retail Stores

  • Factories

  • Restaurant

  • Medical Facilities

  • Warehouses

  • Vacation Rentals

  • Gas Stations

  • Car Wash

  • Strip Mall

This list is not exhaustive. At Castle Rock Mortgage, we pride ourselves on helping businesses finance their goals. 

Commercial Loan Approval for Arizona and Colorado

At Castle Rock Mortgage, our team works fast and aims to close quickly to ensure that you can buy your desired commercial real estate before your competitor does.

We are committed to working hard so that you never miss an opportunity.

The process for getting a commercial real estate loan in Arizona and Colorado is quite similar to getting a mortgage for a home.

As long as your credit history has no recent foreclosures, tax liens, and bankruptcies, you likely won’t encounter problems with getting approved.

Do note that we are dealing with larger amounts than residential properties, so you can expect eligibility requirements to be more stringent than personal home loans.