Whether you're building, holding, or expanding — we match you with lenders who understand commercial and construction deals across Ontario.
Adjust your project cost and target loan-to-cost ratio to see a rough financing split.
Financing for rental properties, 5+ unit buildings, and mixed-use real estate.
Funds released in stages as your project hits milestones — interest only on what's drawn.
We compare commercial lenders so your rate and terms fit the deal, not a generic template.
What down payment is needed for a commercial property?
Typically 25–35% of the purchase price, though this varies by property type, lender, and whether the property is owner-occupied or purely investment.
How do construction draw mortgages work?
Funds are released in stages as your project reaches agreed milestones (e.g. foundation, framing, completion), with interest charged only on the amount drawn so far.
Do I need a different broker for a commercial deal?
No — we handle both residential and commercial financing, so you don't need to manage separate relationships if your needs span both.
What's the difference between residential rental and commercial financing?
Properties with 1–4 units are typically financed under residential rules. Buildings with 5+ units, or mixed-use/commercial properties, fall under commercial lending — with different rates, terms, and qualification criteria.
What documents do lenders need for a commercial application?
Expect to provide financial statements, rent rolls (for income properties), project budgets and plans (for construction), and corporate documents if purchasing through a company.
Can construction financing convert to a regular mortgage when the build is done?
Yes — many construction mortgages are designed to convert into a standard term mortgage automatically once the project reaches completion and final inspection.
One call connects you with 50+ lenders. Free consultation, no obligation.
In Ontario, most traditional lenders require a minimum credit score of 600 for an insured mortgage. For best conventional rates, a score of 680 or higher is recommended.
If your credit score is between 500 and 600, alternative B-lenders and private mortgage lenders may still approve you — though at a higher rate. My Future Mortgage works with a wide network of alternative lenders across Ontario.
Canadian federal rules set minimum down payments at 5% for homes up to $500,000, 10% on the portion between $500,000 and $1 million, and 20% for homes over $1 million.
First-time home buyers can access the First Home Savings Account (FHSA) and the Home Buyers' Plan (HBP) to boost their down payment.
Yes. While traditional A-lenders decline scores under 600, B-lenders and private mortgage lenders offer refinancing for credit-challenged borrowers. Equity is the most important factor.
My Future Mortgage specializes in connecting Ontario homeowners with the right lender for their unique credit situation.
If you switch lenders at renewal, you must re-qualify at the stress test rate (contract rate + 2% or 5.25%, whichever is higher). Staying with your current lender typically doesn't require a stress test.
My Future Mortgage pre-qualifies you with partner lenders before your renewal date so you know exactly what you qualify for.