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Commercial Mortgage Interest Rates - Nationwide Lending
Commercial Real Estate interest rates offered by Commercial Loan Direct. Mortgage rates can vary depending on different financial and transactional factors. CLD strives to offer the most competitive and comprehensive commercial loan mortgage rates and terms in the marketplace.
* Commercial mortgage interest rates are updated weekly.
Commercial Interest Rates - Programs |
|
Commercial Interest Rates |
Loan Amount
|
|
$750k - $8Million |
|
$1Million - $10Million |
|
$10Million - $1Billion |
|
$750k - $500+Million |
|
$3Million - $500+Million |
|
$1Million - $10Million |
|
$2Million - $10Million |
|
$5Million - $25Million |
|
$1Million - $10Million |
|
$750k - $10Million |
|
$500k - $2Million |
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$500k - $10Million |
|
|
Small Balance Program - ($750,000 - $8Million) |
|
(>51% Owner Occupied) $750,000 to $10Million SBA-504
|
Max LTV |
Fixed Term |
*Rates |
Max. Amort. |
90% LTV Purchase
(SBA 504)
(Special use property add 0.75% to Rate)
Guidelines |
Quarterly |
4.136%-4.901% |
25 |
1-year |
4.181%-4.945% | 25 |
3-year |
4.003%-4.767% | 25 |
5-year |
4.225%-4.990% |
25 |
10-year |
4.898%-5.607% |
25 |
25-year |
4.981%-5.607% |
25 |
*SBA 504 Blended Rate (final rate to Borrower)
|
|
(>51% Owner Occupied) $750,000 to $8Million Conventional
|
Max LTV |
Fixed Term |
Rates |
Max. Amort. |
65% LTV
Purchase & Refinance
(Special use property add 0.75% to Rate)
Guidelines |
Quarterly |
4.125% |
25 |
1-year |
|
25 |
3-year |
|
25 |
5-year |
4.66% |
25 |
10-year |
5.495%-6.770% |
25 |
|
(Investor) $750,000 to $8Million Investor
|
Max LTV |
Fixed Term |
Rates |
Max. Amort. |
65% LTV
Purchase & Refinance
(Special use property add 0.25% to Rate)
Guidelines |
Quarterly |
4.125% |
25 |
1-year |
4.205% |
25 |
3-year |
4.26% |
25 |
5-year |
4.66% |
25 |
10-year |
5.495%-6.770% |
25 |
|
Mid Balance - Investor/Owner Occupied - ($1Million - $10Million) |
|
Properties; Industrial, General Offices, Creative and Professional Office Space, Anchored Retail, Factory Outlets, and Mini Storage
|
Max LTV |
Fixed Term |
Rates |
Max. Amort. |
75% LTV
|
Quarterly |
5.25%-6.75% |
25 |
1-year |
5.25%-6.75% |
25 |
3-year |
5.25%-6.75% |
25 |
5-year |
5.25%-6.99% |
25 |
*5+5 yrs Fixed |
5.50%-6.99% |
25 |
7 yrs fixed |
5.75%-7.30% |
25 |
* 5 year fixed, 1 time rate adjustment then fixed for 5 years
- Most loans carry a floor rate |
|
Properties; Health Care, Special Purpose, and Hospitality
|
Max LTV |
Fixed Term |
Rates |
Max. Amort. |
75% LTV
|
Quarterly |
5.25%-7.50% |
25 |
1-year |
5.25%-7.50% |
25 |
3-year |
5.25%-7.50% |
25 |
5-year |
5.25%-7.50% |
25 |
*5+5 yrs Fixed |
5.50%-7.50% |
25 |
7 yrs fixed |
5.75%-7.75% |
25 |
* 5 year fixed, 1 time rate adjustment then fixed for 5 years |
|
Large Balance - Conduit ($10Million - $1Billion) |
|
Conduit Commercial Interest Rates
|
Program |
Fixed Term |
Rates |
Max. Amort. |
75% LTV |
5-10 years |
|
30 yrs |
*$5-$10 Million by exception
|
|
|
MULTI-FAMILY - Standard - FANNIE MAE ($750K - $500+Million) |
|
Max LTV |
Fixed Term |
Rate |
Max. Amort. |
80% Purchase
75% Cash-out Refi |
5 yrs |
3.270% |
30 yrs |
65% Purchase
65% Cash-out Refi |
5 yrs |
3.070% |
30 yrs |
55% Purchase
55% Cash-out Refi |
5 yrs |
2.820% |
30 yrs |
|
Max LTV |
Fixed Term |
Rate |
Max. Amort. |
80% Purchase
75% Cash-out Refi |
10 yrs |
3.800% |
30 yrs |
65% Purchase
65% Cash-out Refi |
10 yrs |
3.600% |
30 yrs |
55% Purchase
55% Cash-out Refi |
10 yrs |
3.400% |
30 yrs |
| Other terms available (7, 15, & 30 yrs) |
|
|
MULTI-FAMILY - FHA PROGRAM ($3Million - $500+ Million) |
|
Program |
Fixed Term |
Rate |
Max. Amort. |
Purchase
(90% LTV)
Refinance 85% LTV
|
35-40 years |
|
35-40 yrs |
|
MULTI-FAMILY -Conventional ($1Million - $10 Million) |
|
Program |
Fixed Term |
Rate |
Max. Amort. |
Purchase & Refi
(80% LTV Max.)
|
3 years |
|
30 yrs |
5 years |
|
30 yrs |
7 years |
|
30 yrs |
10 years |
|
30 yrs |
| Product available in (CA, CO, IL, MA, MN, NJ, NY, OR, PA, VA, WA) |
|
Bridge Loans - Investor/Owner Occupied - ($2Million - $10Million) |
|
Commercial Interest Rates
|
Program |
Fixed Term |
Rate |
Max. Amort. |
Rehab / Bridge
(90% LTC as-is)
80% at exit |
1-3 years |
|
Interest-Only |
|
|
Bridge Loans - Apartments - ($5Million - $25Million) |
|
Commercial Interest Rates
|
Program |
Fixed Term |
Rate |
Max. Amort. |
65% LTV; going-in DSC of 1.10x, stabilized DSC of 1.50x |
6-18 Months |
|
Interest-Only |
75% LTV; going-in DSC of 1.00x, stabilized DSC of 1.30x |
6-18 Months |
4.680% |
Interest-Only |
Floor Rate |
Floating over 30-day LIBOR with a 2% LIBOR floor |
|
|
Construction Loans - Owner Occupied Only |
|
Construction Loans - $750,000 to $10 Million (w/ SBA-504 only)
|
Program |
Fixed Term |
Rate |
Max. Amort. |
- 90% for multi-use properties (excludes start-up businesses)
|
Multi Use
|
4.250%
|
Interest-Only |
-
85% for special use properties (multi-use start up)
-
80% for special use properties that are start-up businesses |
Special Use |
5.250% |
Interest-Only |
|
|
SBA 7a Loans - $500,000 to $2Million
|
Program |
Rate Term |
Rate |
Max. Amort. |
Purchase
(90% LTV) |
Quarterly |
|
25 yrs |
Floor Rates |
Quarterly |
|
25 yrs |
|
|
USDA Loans - $500,000 to $10Million |
Program |
Rate Term |
Rate |
Max. Amort. |
Purchase
(85% LTV) |
Quarterly |
|
20 yrs |
Floor Rates |
Quarterly |
|
20 yrs |
|
|
|
Index |
Commercial Mortgage Rates |
Prime |
3.250% |
30 Day Libor |
0.180% |
90 Day Libor |
0.300% |
6 Month Libor |
0.500% |
1 Year Libor |
0.830% |
3 Year Swap |
0.510% |
5 Year Swap |
0.910% |
10 Year Swap |
1.870% |
5 Year Treasury |
0.820% |
10 Year Treasury |
1.750% |
SBA 504 |
4.150% |
|
*Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Capital, Inc. are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial loan rates. Commercial loan rates may change at any time and without notice.
