Commercial Mortgage Interest Rates -Nationwide Lending Terms

Commercial Loan Direct strives to offer the lowest commercial loan rates in the marketplace. Please note that mortgage rates can vary depending on different financial and transactional factors. Please let us know if you find better terms anywhere as one of our primary goals are offering our clients the most competitive and comprehensive business mortgage rates mix. Please, do not hesitate contacting us with any questions you might have.
* Commercial mortgage interest rates are updated daily.

Commercial Interest Rates - Programs

Commercial Interest Rates
Loan Amount
$750k - $3Million
$3Million - $10Million
$10Million - $1Billion
$750k - $500+Million
$3Million - $500+Million
$1Million - $10Million
$2Million - $10Million
$5Million - $25Million
$1Million - $10Million
$750k - $10Million
$500k - $2Million
$500k - $10Million

 

Small Balance Program - ($750,000 - $3Million)

(Investor) $1Million to $3Million
Max LTV
Fixed Term
Rates
Max. Amort.
80% LTV
Purchase & Refinance
(Apartments minus -0.25% to Rate)
Guidelines
3-year
3.51%
30
5-year
4.34%
30
7-year
4.770%
30
10-year
5.340%
30
15-year
5.465%
15
(>51% Owner Occupied) $750,000 to $10Million w/SBA-504
Max LTV
Fixed Term
*Rates
Max. Amort.
90% LTV Purchase
(SBA 504)
(Special use property add 0.75% to Rate)
Guidelines
Quarterly
4.667%-5.362%
25
3-year
4.256%-5.507%
25
5-year
4.717%-5.968%
25
10-year
5.273%-6.608%
25
*SBA 504 Blended Rate (final rate to Borrower)
(>51% Owner Occupied) $750,000 to $3Million Conventional
Max LTV
Fixed Term
Rates
Max. Amort.
80% LTV
Purchase & Refinance
Quarterly
4.25%
25
3-year
3.51%
25
5-year
4.34%
25
10-year
5.340%
25
15-year
5.490%
15

 

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.
80% LTV
Purchase & Refinance
(Apartments minus -0.25% to Rate)
Guidelines
3-year
3.51%
30
5-year
4.34%
30
7-year
4.770%
30
10-year
5.340%
30
15-year
5.465%
15
Properties; Health Care, Special Purpose, and Hospitality
Max LTV
Fixed Term
Rates
Max. Amort.
75% LTV
Quarterly
*PTB
25
1-year
*PTB
25
3-year
*PTB
25
5-year
*PTB
25
*10 yrs Fixed
*PTB
25
15 yrs fixed
*PTB
25
* Quoted on a per transaction basis

 

Large Balance - Conduit ($10Million - $1Billion)

Conduit Commercial Interest Rates
Program
Fixed Term
Rates
Max. Amort.
75-80% LTV 5 years 3.84 30 yrs
75-80% LTV 10 years 4.840% 30 yrs
75-80% LTV
15 years
2.000%
30 yrs
*$5-$10 Million by exception other terms and amortizations available

 

MULTI-FAMILY - Standard - FANNIE MAE ($750K - $500+Million)

Max LTV
Fixed Term
Rate
Max. Amort.
80% Purchase
75% Cash-out Refi
5 yrs
4.200%
30 yrs
65% Purchase
65% Cash-out Refi
5 yrs
4.000%
30 yrs
55% Purchase
55% Cash-out Refi
5 yrs
3.750%
30 yrs
Max LTV
Fixed Term
Rate
Max. Amort.
80% Purchase
75% Cash-out Refi
10 yrs
4.780%
30 yrs
65% Purchase
65% Cash-out Refi
10 yrs
4.580%
30 yrs
55% Purchase
55% Cash-out Refi
10 yrs
4.380%
30 yrs
Other terms available (7, 15, & 30 yrs)

 

MULTI-FAMILY - FHA PROGRAM ($3Million - $500+ Million)

Program
Fixed Term
Rate
Max. Amort.

Purchase
(83% LTV)

Refinance 80% LTV

30-40 years
3.40%-4.15%
30-40 yrs

 

MULTI-FAMILY -Conventional ($1Million - $10 Million)

(Investor Property) $1Million to $10Million
Max LTV
Fixed Term
Rates
Max. Amort.
80% LTV
Purchase & Refinance
3-year
3.51%
30
5-year
4.09%
30
7-year
4.520%
30
10-year
5.090%
30
15-year
5.215%
15

 

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
8.99%-13%
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
3.155%
Interest-Only
75% LTV; going-in DSC of 1.00x, stabilized DSC of 1.30x
6-18 Months
4.655%
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

SBA 7a Loans - $500,000 to $2Million
Program
Rate Term
Rate
Max. Amort.
Purchase
(90% LTV)
Quarterly
6.000%
25 yrs
Floor Rates
Quarterly
6.00%
25 yrs

 

USDA B&I Loans

USDA Loans - $500,000 to $10Million
Program
Rate Term
Rate
Max. Amort.
Purchase
(85% LTV)
Quarterly
6.000%
20 yrs
Floor Rates
Quarterly
6.00%
20 yrs
5yr-10yr fixed rates available case-by-case
Commercial Guidelines

 

KEY MARKET INTERESTS

Index
Commercial Mortgage Rates
Prime
3.250%
30 Day Libor
0.155%
90 Day Libor
0.226%
6 Month Libor
0.320%
1 Year Libor
0.547%
3 Year Swap
1.010%
5 Year Swap
1.840%
10 Year Swap
2.840%
5 Year Treasury
1.750%
10 Year Treasury
2.730%
SBA 504
5.190%

 

*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.