GlossaryBusiness_mortgage

What means Business Mortgage?

Obtaining a mortgage for a commercial property involves higher interest rates from banks due to the increased risks compared to residential mortgages. Contributions like collateral from a private property, annual financial reports, forecasts, rental income, and partner's income can enhance your negotiation leverage.

Repayment of commercial mortgages is strictly through a linear method, leading to initial monthly expenses often surpassing 1000 euros.