As one of the direct means of purchasing a property you wish to rent out or use for personal use, commercial mortgages can be used for a property transaction. Almost any real estate transaction, including new construction, can be financed with a commercial mortgage from the Property Finance Companies in South Africa. A 25% (or higher) deposit is required.

The process of commercial mortgages is long as it takes a lot of paperwork and credit checks before its completion, as well as ample time to set an agreement with the lender for a smooth process. Source URL: https://tuhfgroupofcompanies.blogspot.com/2023/09/types-of-commercial-property.html