Office
Investing in an office building provides many opportunities for owners and developers. OMJ Commercial Mortgage Specialists have a wealth of lending resources specializing in office properties, whether you’re buying for the first time, refinancing a purchase, or expanding your office building portfolio.
An office building can hold just one tenant, or many, depending on its size and layout. OMJ finances most kinds of office buildings from those with just one tenant to those with many tenants.
How tenants influence your mortgage
The number of tenants and the kind of tenants in your building can influence how the property will be underwritten. Not surprisingly, a building with a long history of stable tenants on lease agreements is more likely to be considered a better investment and more favorable property.
Office properties allow a maximum mortgage of 65%, and sometimes up to 70%, of the appraised value of the building on approved credit. For more details contact an OMJ Commercial Mortgage Specialist. To read more about office units and office buildings and kinds of mortgages, check out our blog.






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