Commercial Mortgage: Owner Occupied Mortgages

An owner-occupied commercial mortgage is used to acquire or refinance real estate that will serve as the applicant's own property in which a business is run by the applicant. They may be utilised whether the application is submitted by the business owner or in the name of a firm.

They are secured over a property and can be set up as a capital payback or interest-only loan. They may in some cases be secured over multiple properties. They are often paid monthly, much like a home mortgage, however various payment schedules, such quarterly or even seasonal payments, are also an option.