Definitions for "Commercial Mortgage"
mortgage secured by real estate and in which the real estate is used for business purposes.
Backed Securities Similar to MBS but backed by loans secured with commercial rather than residential property. Commercial property includes multi-family, retail, office, etc., They are not standardized so there are a lot of details associated with structure, credit enhancement, diversification, etc., that need to be understood when valuing these instruments.
Similar to residential mortgages, but collateral is business property. Interest rates are usually higher than for residential property, the length of the loan can range from 5 - 30 years, and payments due monthly.
(Mortgage used for commercial property investment - click for full explanation)
Keywords:  serious, investment
a serious investment