When applying for a commercial mortgage, it’s important to understand what factors lenders consider when assessing your application. Generally speaking, lenders will assess things like: Your current financial situation – this includes your income, asset value and other debts; Your credit history – this helps lenders determine whether you have been able to meet your current financial obligations; The location of the property – lenders may consider factors such as local market conditions and rental demand when assessing a commercial mortgage application; The type of property you’re looking to purchase – this includes things like the size, condition and purpose (i.e. whether it is residential or commercial). It’s important to note that different lenders may prioritize these factors differently and may have specific criteria unique to their lending policies. Consult us and we will provide personalised guidance and help guide you through the commercial mortgage application process.