Reality – choosing a good Commercial Mortgage Broker can usually save your company money regardless of the fact that you will incur fees to the broker. “Packaging and Placement” of your financing is far more important that any aspect of the broker or lenders role. If your application is not packaged and placed appropriately, you will not get the proper financing if you get approved at all – this is where the experience of your broker or lender comes into play.In regards to a Commercial Mortgage Companies there are several factors which have to be taken considered. The appropriate advice can save you a significant amount of time, frustration and money. When using a specialist they will work with you, put the deal together properly and place the loan with the appropriate lender to give you the best value, terms and rate through experience.A commercial mortgage broker will be able to explain the options of different loan types. If you have ever applied for a commercial mortgage, I am sure you know what I mean when I say they are in general quite overwhelming and you should take all the good advice you can find. Commercial Lending Companies are different than Residential Mortgage Companies so when it comes to choosing the right loan for your situation the choices go well beyond a fixed rate of interest and a variable rate.In regards to Fixed vs. Variable rates the fixed rate of interest is great in terms of budgeting each month. For the fixed rate term, as you would expect, the amount you will be repaying is fixed for the term specified. Be aware though, the fixed rate will only be for a specified term of time; one this term expires it will change to a variable rate or require you to replace the loan with another one. Also be aware that most fixed rate of interest Commercial Mortgage Companies have early redemption fees. A Broker will be able to search around with lenders offer a fixed rate commercial loan that fits best.As I am sure you expect, the variable rate Commercial Mortgages will vary with the market. Federal base rate increases, so will your repayments. If you need to know precisely what your payment will be monthly, this will not be the best option however, be aware that with a fixed rate, you will always be paying a premium to hedge against market fluctuations. That being said, over time, the best type of financing to get, in general, is a variable loan as when markets fluctuate up or down, your rate you will be paying will be less.Another type of financing to be aware of is interest only. This means that you are only obligated to pay the interest portion of your loan, which will be a lesser amount than if you are paying towards the principle. What this would mean is that when the term of the mortgage has lapsed, you would still owe the entire principle amount of the loan. In general, there will need to be some sort of assurance that you will be able to either convert the principle into a new loan or you will be able to retire the entire principle at that time. For obvious reasons, the restrictions on this type of Commercial Mortgage Loan are more rigid.Your Business Finance Broker will be able to determine which will be the best in your situation.