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Commercial property mortgage rates are almost always higher than residential mortgage rates. This is simply because commercial loans have inherently more risk. Lenders determine today’s commercial mortgage rates using a number of factors including: 1) loan-to-value – the amount you are borrowing relative to the value of the property and 2) debt service coverage ratio – your ability to pay the loan each month. Visit now: www.mortgagelowestrate.ca (1-800-929-0625).

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