Fee's & Costs

Unlike a residential transaction, the fees/costs associated with a commercial mortgage can be substantial.

These can include:

  • – Lender fee
  • – Broker fee
  • – Appraisal report
  • – Environmental reports. Phase 1 and/or 2
  • – Building Condition report
  • – Insurance premium if CMHC or self-insured
  • – Legal fees
  • – Miscellaneous fees, i.e. survey, etc.