Mortgage to Secure Commercial Loan | Canada
Secure a commercial loan to a business with this fully editable template mortgage form for Canadian lenders.
- The mortgage will be registered against the title to property owned by the borrower, to secure repayment of a commercial loan or other credit facility.
- Interest is calculated annually and payable semi-annually. Payments are made against combined principal and interest.
- The mortgage contains additional clauses for condominium properties.
- This downloadable legal template can be used in most provinces and territories of Canada except Quebec.
Last Updated: 06-May-2021