Commercial mortgages are usually implemented where the intended property incorporates business and non-residential premises. Examples of such property include office buildings, shops and warehouses. Due to the variety in the type of premises, commercial mortgages are tailored according to the needs of the borrower and the lender. This implies that each loan is assessed independently by taking into perspective the background of the client and any potential risks. As a result, rates will vary depending on the client and the type of property to be financed.