Commercial mortgage is a type of mortgage that is being used when buying lands or building that will be utilized for business purposes. Commercial mortgages can be offered to those who are just starting up a business in which case, the lender have the rights on the business property until the time comes when the loan is paid in full. You may need a commercial mortgage when you want to expand your business. This may include acquiring more storage rooms or totally having your own office commercial space. This type of mortgage comes in handy if you do not want to enter a lease agreement that is very restrictive.