Customer Service: 310.888.0040

A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.

Commercial mortgages are structured to meet the needs of the borrower and the lender. Key terms include the loan amount (sometimes referred to as "loan proceeds"), interest rate, term (sometimes referred to as the "maturity"), amortization schedule, and prepayment flexibility. Commercial mortgages are generally subject to extensive underwriting and due diligence prior to closing. The lender's underwriting process may include a financial review of the property and the property owner (or "sponsor"), as well as commissioning and review of various third-party reports, such as an appraisal.

ccmb
CALIFORNIA CAPITAL MORTGAGE BANK
9744 Wilshire Boulevard, Suite 203 Beverly Hills, CA 90212
phonePhone. 310.888.0040 faxFax. 310.888.1897 efaxeFax. 310.760.4060
BBB Accerdited Business FDIC All loans are made in compliance with Federal, State, and Local laws. California Capital Mortgage Bank is a California Finance Lender under DBO license #60DBO45483. California Capital Mortgage Bank is an equal opportunity lender.