Home > Commercial Loan Interest Rates
Commercial Rates - Nationwide Programs
Commercial Real Estate interest rates can vary depending on different financial and transactional factors. CLD strives to offer the most competitive and comprehensive commercial mortgage interest rates and terms in the marketplace. Commercial Interest Rates = Market Index Interest Rates + Interest Rate Spread.
* Commercial mortgage interest rates are updated weekly.
Commercial Interest Rates - Programs |
|
Click for Interest Rates |
Loan Amount |
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$750k - $5Million |
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$1Million - $10Million |
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$10Million - $1Billion |
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$750k - >$250Million |
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$3Million - >$250Million |
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$2Million - $10Million |
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$1Million - $5Million |
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$500k - $2Million |
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$500k - $10Million |
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Small Balance Program - ($750,000 - $5Million) |
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(>51% Owner Occupied) $750,000 to $5Million SBA-504
|
Max LTV |
Fixed Term |
*Rate |
Max. Amort. |
90% LTV Purchase
(SBA 504)
(Special use property add 0.75% to Rate)
Guidelines |
Quarterly |
4.919%-5.544% |
25 |
1-year |
4.980%-5.606% | 25 |
3-year |
5.453%-6.078% | 25 |
5-year |
5.964%-6.590% |
25 |
Floor Rate
Quarterly/Annual |
5.239% |
25 |
Floor Rate
Rate 3 & 5 Yrs |
5.795% |
25 |
*SBA Blended Rate (final rate to Borrower) is calculated assuming a 50% 1st Mortgage (25 yr amortization) 40% SBA 504 2nd Mortgage (20 yr amortization) and a 10% cash-down payment. |
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(>51% Owner Occupied) $750,000 to $4Million Conventional
|
Max LTV |
Fixed Term |
Rate |
Max. Amort. |
60% LTV
Purchase & Refinance
(Special use property add 0.75% to Rate)
Guidelines |
Quarterly |
4.375% |
25 |
1-year |
|
25 |
3-year |
|
25 |
5-year |
6.63% |
25 |
Floor Rate
Quarterly & Annual |
4.95% |
25 |
Floor
Rate 3 & 5 Yrs |
5.95% |
25 |
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(Investor) $750,000 to $4Million Investor
|
Max LTV |
Fixed Term |
Rate |
Max. Amort. |
60% LTV
Purchase & Refinance
(Special use property add 0.25% to Rate)
Guidelines |
Quarterly |
4.875% |
25 |
1-year |
4.985% |
25 |
3-year |
6.21% |
25 |
5-year |
7.13% |
25 |
Floor Rate
Quarterly & Annual |
4.95% |
25 |
Floor
Rate 3 & 5 Yrs |
5.95% |
25 |
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Mid Balance - Investor/Owner Occupied - ($1Million - $10Million) |
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Properties; Industrial, General Offices, Creative and Professional Office Space, Anchored Retail, Factory Outlets, and Mini Storage
|
Max LTV |
Fixed Term |
Rate |
Max. Amort. |
75% LTV
|
Quarterly |
6.75% |
25 |
1-year |
6.75% |
25 |
3-year |
6.75% |
25 |
5-year |
6.99% |
25 |
*5+5 yrs Fixed |
6.99% |
25 |
7 yrs fixed |
7.30% |
25 |
| * 5 year fixed, 1 time rate adjustment then fixed for 5 years |
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Properties; Health Care, Special Purpose, and Hospitality
|
Max LTV |
Fixed Term |
Rate |
Max. Amort. |
75% LTV
|
Quarterly |
7.50% |
25 |
1-year |
7.50% |
25 |
3-year |
7.50% |
25 |
5-year |
7.50% |
25 |
*5+5 yrs Fixed |
7.50% |
25 |
7 yrs fixed |
7.75% |
25 |
* 5 year fixed, 1 time rate adjustment then fixed for 5 years |
|
Large Balance - ($10Million-$1Billion) |
|
Commercial Interest Rates
|
Program |
Fixed Term |
Rate |
Max. Amort. |
Purchase
(70%-75% LTV) |
5-25 years |
|
30 yrs |
|
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MULTI-FAMILY - Standard - FANNIE MAE |
|
Small Balance ($750,000 - $3Million) |
Max LTV |
Fixed Term |
Rate |
Max. Amort. |
80% Purchase
75% Cash-out Refi |
10 yrs |
5.920% - 6.370% |
30 yrs |
65% Purchase
65% Cash-out Refi |
10 yrs |
5.720% - 6.170% |
30 yrs |
55% Purchase
55% Cash-out Refi |
10 yrs |
5.520% - 5.970% |
30 yrs |
| Other terms available (5, 7, 15, & 30 yrs) |
|
|
Mid Balance ($3Million - $20Million) |
Max LTV |
Fixed Term |
Rate |
Max. Amort. |
80% Purchase
75% Cash-out Refi |
10 yrs |
5.920% - 6.220% |
30 yrs |
65% Purchase
65% Cash-out Refi |
10 yrs |
5.720% - 6.020% |
30 yrs |
55% Purchase
55% Cash-out Refi |
10 yrs |
5.520% - 5.820% |
30 yrs |
| Other terms available (5, 7, 15, & 30 yrs) |
|
|
Large Balance (Transaction over $20Million) |
Max LTV |
Fixed Term |
Rate |
Max. Amort. |
80% Purchase
75% Cash-out Refi |
10 yrs |
5.920% - 6.145% |
30 yrs |
65% Purchase
65% Cash-out Refi |
10 yrs |
5.720% - 5.945% |
30 yrs |
55% Purchase
55% Cash-out Refi |
10 yrs |
5.520% - 5.745% |
30 yrs |
| Other terms available (5, 7, 15, & 30 yrs) |
|
|
MULTI-FAMILY - FHA PROGRAM |
|
Small Balance ($3 Million - $20 Million) |
Program |
Fixed Term |
Rate |
Max. Amort. |
Purchase
(90% LTV)
Refinance 85% LTV
|
35-40 years |
|
35-40 yrs |
|
Large Balance ($20 Million - > $250 Million) |
Program |
Fixed Term |
Rate |
Max. Amort. |
Purchase
(90% LTV)
Refinance 85% LTV
|
35-40 years |
|
35-40 yrs |
|
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Bridge Loans - Investor/Owner Occupied - ($2Million - $10Million) |
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Commercial Interest Rates
|
Program |
Fixed Term |
Rate |
Max. Amort. |
Rehab / Bridge
(70% LTC) |
1-3 years |
|
Interest-Only |
Floor Rate |
1-3 years |
|
Interest-Only |
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Construction Loans - Owner Occupied Only |
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Construction Loans - $750,000 to $5 Million (w/ SBA-504 only)
|
Program |
Fixed Term |
Rate |
Max. Amort. |
- 90% for multi-use properties (excludes start-up businesses)
-
85% for special use properties (multi-use start up)
-
80% for special use properties that are start-up businesses
|
Multi Use
Special Use |
4.250%
5.250% |
Interest-Only Interest-Only |
Floor Rate |
|
7.00% |
|
|
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SBA 7a Loans - $500,000 to $2Million
|
Program |
Rate Term |
Rate |
Max. Amort. |
Purchase
(90% LTV) |
Quarterly |
|
20 yrs |
Floor Rate |
Quarterly |
|
20 yrs |
|
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USDA Loans - $500,000 to $10Million |
Program |
Rate Term |
Rate |
Max. Amort. |
Purchase
(85% LTV) |
Quarterly |
|
20 yrs |
Floor Rate |
Quarterly |
|
20 yrs |
|
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KEY MARKET INTEREST RATES |
|
Index |
Interest Rates |
Prime |
3.25% |
90 Days Libor |
0.25% |
6 Month Libor |
0.39% |
1 Year Libor |
0.86% |
3 Year Swap |
1.71% |
5 Year Swap |
2.63% |
5 Year Treasury |
2.36% |
10 Year Treasury |
3.72% |
SBA 504 |
5.60% |
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*Note: The commercial mortgage interest rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Interest rates can vary depending on Borrower's credit, LTV, loan size, property condition, market conditions, and other factors. Furthermore, Commercial Loan Direct and Prudential Capital, Inc. are not liable for any interest rate or data entry errors that might affect the displayed interest rates. Interest rates may change at any time and without notice. Our company usually updates interest rates once a week.
