What is a commercial mortgage?

A commercial mortgage is a loan that is used to purchase or refinance commercial real estate. The property being financed can be used for business or investment purposes and can include office: Buildings Retail centers Warehouses Hotels or serviced apartments Restaurants and other mixed-use properties. Commercial mortgages in the UAE typically have variable interest rates and require larger down payments than residential mortgages, and the terms and conditions of the loan will depend on the creditworthiness of the borrower and the income-producing potential of the property.