Tailored Solutions for Commercial Property Financing

Explore Financing Options for Your Commercial Property Needs

At Boychuk Mortgage Group, we specialize in helping businesses and investors finance commercial real estate across Burnaby and the Greater Vancouver Area. Whether you're looking to purchase a new income-generating property, develop land for a future business site, or refinance an existing asset for better terms, we are here to provide strategic and customized lending solutions that align with your financial goals.

We understand the nuances of commercial real estate from tenant lease structures to zoning requirements and we use this knowledge to help you succeed in every phase of your transaction. Our personalized approach ensures a streamlined, secure, and results-driven experience for both seasoned investors and first-time commercial buyers.

Riley Boychuk Mortgages

What is a Commercial Mortgage?

A Commercial Mortgage is a specialized real estate loan that enables businesses and property investors to purchase, refinance, or expand commercial-use properties. These mortgages differ significantly from residential loans because the focus is placed on the earning potential of the property rather than the borrower’s personal income alone.

Common Use Cases Include:

  • Purchasing an office building or retail plaza for rental income
  • Refinancing an existing loan to reduce interest costs or access equity
  • Financing construction of an industrial warehouse or mixed-use development
  • Expanding a business by buying a new facility or upgrading an existing one

Because these loans often involve larger sums and more risk, lenders typically require extensive documentation and a proven business plan. That’s where our expertise becomes essential.

Riley Boychuk Mortgages

Riley Boychuk Mortgages

Qualifying for a Commercial Mortgage

Qualifying for a commercial mortgage involves a more detailed review process than residential lending. Here’s what lenders usually assess:

  • Cash Flow and Net Operating Income (NOI): A property must generate enough rental income to cover mortgage payments, taxes, insurance, and maintenance.
  • Debt Coverage Ratio (DCR): This metric ensures the property brings in at least 1.20x the amount needed to cover its loan payments.
  • Loan-to-Value Ratio (LTV): Typically ranging from 65% to 80%, LTV measures the size of the loan compared to the appraised value of the property.
  • Tenant Leases and Occupancy Rates: Stability of rental income plays a huge role in approval.
  • Borrower Credit and Financials: While property income is central, lenders will also examine business experience, credit reports, and liquidity.

 

Boychuk Mortgage Group prepares a comprehensive borrower profile to ensure you are presented to lenders in the most favorable light.

 

Benefits of Commercial Mortgage Financing

  • Benefits

    Build Long-Term Equity Through Property Ownership

    Commercial real estate appreciates over time and can serve as a powerful asset in your business portfolio. Instead of paying rent, you build equity with every payment.

  • Benefits

    Maintain Financial Flexibility

    Tailored repayment schedules and interest-only options allow you to match mortgage expenses to your business cash flow, improving liquidity and planning.

  • Benefits

    Unlock Tax Advantages

    Mortgage interest and certain expenses related to your property may be tax-deductible, providing additional savings that can be reinvested into your operations.

  • Benefits

    Diversify Investment Holdings

    Investing in commercial property spreads risk across asset classes and income streams, especially if you're involved in other sectors or already own residential properties.

  • Benefits

    Fuel Your Business Expansion

    Financing can be used to upgrade existing space, develop new projects, or unlock working capital through cash-out refinancing supporting your short- and long-term growth

Google Reviews

Happy Client Reviews

  • testimony

    We had the best experience working with Riley and his team. He is very knowledgeable and was able to help us secure a great rate for our mortgage. He was available at all times to answer any questions we had and was great at communicating with us. Would 100% recommend Riley and his team for your mortgage needs

    testimony

    Szendi Godin

  • testimony

    Riley was such a pleasure to work with. He made our dreams come true, he got us an amazing rate and made it a stress free experience. He is so personable and goes above and beyond for his clients. The thoughtful touches with house warming gifts and birthday cards. He has made such an impact in our life and we will be forever grateful!

    testimony

    kamiko allen

  • testimony

    We recently used Riley as our mortgage broker and he was the best!! Super kind and patient. He was very responsive, took so much time to explain the whole process to us and was able to find us a great mortgage. Would highly recommend.

    testimony

    Annika Reimer

  • testimony

    My husband and I are blown away by how dedicated Riley has been to helping us through the purchase of one home and the sale of another. This whole process can be really overwhelming, but Riley did an excellent job at explaining and educating us through it all. He's very attentive by making phone calls just to check in, and he really cares about us as people not just clients. I would recommend him to anyone I know.

    testimony

    Jillian Nielsen

  • testimony

    Had an absolutely amazing experience dealing with Riley and his team. He was extremely helpful every step of the way and made the home buying experience as easy as possible for us. Highly recommend Riley to anyone looking to purchase a home!

    testimony

    Boston Colley

  • testimony

    We've had great experience with Boychuk Mortgage Group getting a mortgage for our rental property in Calgary. The communication was great, the whole process was smooth and easy. Highly recommend.

    testimony

    Alexander Gazimov

  • testimony

    We had an excellent experience with Riley. Despite our unique situation, he provided outstanding service, addressing our needs and questions promptly. He navigated through any hiccups, ensuring a smooth process. Highly recommend for his professionalism and client-focused approach.

    testimony

    David Bigley

  • testimony

    Riley and his team are a pleasure to work with. They are fast and pay attention to detail. They were able to answer any questions I had regrading the purchase of our new home and worked quickly to assist on closing. I would not hesitate to use the Boychuk Mortgage Group again and recommend them to anyone looking for any mortgage needs.

    testimony

    _christian_sison_

  • testimony

    I had an excellent experience dealing with Boychuk Mortgages. Riley was so thorough and was always available to answer any questions I had throughout the process. He made a difficult and confusing process so easy for a first time home buyer.

    I would recommend Riley to anyone looking for a mortgage broker.

    testimony

    JP Guimond

  • testimony

    Riley and Carla were such a pleasure to work with. They were extremely responsive and kept us in the know every step of the way. They provided various options and helped us make the best decision for our mortgage. Thanks again!

    testimony

    Richard Mulcaster

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