Commercial Real Estate Financing in Minnesota | MN Commercial Loan Rates

Commercial Loan Direct (CLD) provides commercial real estate loans in the state of Minnesota. Current commercial loan rates in Minnesota range from 5.58% to 15.2%, depending on the loan program. CLD is a national commercial mortgage banker offering aggressively priced programs and superb service. CLD originates loans for its parent company CLD Financial which provides a wide variety of lending vehicles. Our company is currently targeting owner occupied and investment properties over $1 Million in the state of MN. We also have a dedicated page for apartment loans in Minnesota.

Minnesota Commercial Loan Programs Minnesota Economic Data Minnesota Lending Cities

Minnesota Commercial Loan Rates

Commercial Loan Types	Average Minnesota Rates	LTV	Loan Amount	Occupancy
Conventional	6.07% - 10.70%	80%	$1,000,000+	Investment + Owner Occupied
Conduit / CMBS	6.08% - 7.69%	75%	$2,000,000+	Investment
Insurance	5.58% - 8.09%	75%	$5,000,000+	Investment + Owner Occupied
FHA / HUD	5.57% - 6.42%	83.3%	$5,000,000+	Investment
USDA	6.70% - 11.70%	85%	$1,000,000+	Investment + Owner Occupied
Bridge	6.70% - 14.70%	80%	$1,500,000+	Investment
Construction	10.20% - 15.20%	83.3%	$1,000,000+	Investment
SBA	6.20% - 11.20%	85% - 90%	$1,000,000+	Owner Occupied

Types of Commercial Loans in Minnesota

Investment Property Mortgages

The types of mortgages available for these types of properties are Conventional, CMBS / Conduit, Insurance, and Agency (FHA / HUD and USDA) products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to reposition, stabilize or construct buildings. Commercial real estate investment properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospitals), hospitality, (hotel, motel, resort), and mixed use.

Owner Occupied Commercial Mortgages

Owner-Occupied commercial real estate properties in which the owner occupies at least 50% of the premises and can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospital), hospitality (hotel, motel, resort), mixed use, or any other type of commercial property. The types of mortgages available for owner-occupied buildings include Conventional, Insurance, and Agency programs including FHA / HUD, SBA, and USDA. Construction mortgages are also available on a case-by-case basis in order to develop or reposition a property for the owner's use.

Apply for a Commercial Loan in Minnesota

Quick Quote

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 Financial, LLC 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.

Locations Served in Minnesota

We are proud to be serving the state of Minnesota. Here are our commercial loan statistics for this state.

Minnesota Cities and Towns Served

Minnesota Economic Data

Please note that commercial loan rates are dependent on the market. We have provided market data for MN below to help you understand what kind of market you are in. Simply click one of the options below to see the data for MN. Economic data reports provided by Data USA.

Economy

Housing

Lending Cities

Commercial loan direct provides services in the following Minnesota cities. Please note we may be able to provide services in other cities as well by request. Rates are dependent on the market in your locale, feel free to use the provided Minnesota economic reports to get a better understanding of your market.

Ada
Adrian
Afton
Aitkin
Aitkin County
Albany
Albert Lea
Albertville
Alexandria
Andover
Annandale
Anoka
Anoka County
Apple Valley
Appleton
Arden Hills
Arlington
Arnold
Atwater
Aurora
Austin
Avon
Babbitt
Bagley
Barnesville
Baudette
Baxter
Bayport
Becker
Becker County
Belle Plaine
Beltrami County
Bemidji
Benson
Benton County
Big Lake
Big Stone County
Birchwood
Blaine
Blooming Prairie
Bloomington
Blue Earth
Blue Earth County
Braham
Brainerd
Branch
Breckenridge
Breezy Point
Brooklyn Center
Brooklyn Park
Brown County
Buffalo
Burnsville
Byron
Caledonia
Cambridge
Canby
Cannon Falls
Carlton
Carlton County
Carver
Carver County
Cass County
Center City
Centerville
Champlin
Chanhassen
Chaska
Chatfield
Chippewa County
Chisago City
Chisago County
Chisholm
Circle Pines
Clara City
Clay County
Clearwater
Clearwater County
Cloquet
Cohasset
Cokato
Cold Spring
Coleraine
Collegeville
Cologne
Columbia Heights
Columbus
Cook County
Coon Rapids
Corcoran
Cottage Grove
Cottonwood
Cottonwood County
Crookston
Crosby
Cross Lake
Crow Wing County
Crystal
Dakota County
Dassel
Dawson
Dayton
Deephaven
Delano
Dellwood
Detroit Lakes
Dilworth
Dodge Center
Dodge County
Douglas County
Duluth
Dundas
Eagan
Eagle Lake
East Bethel
East Grand Forks
East Gull Lake
Eden Prairie
Eden Valley
Edgerton
Edina
Elbow Lake
Elgin
Elk River
Elko New Market
Ely
Esko
Eveleth
Excelsior
Eyota
Fairfax
Fairmont
Falcon Heights
Faribault
Faribault County
Farmington
Fergus Falls
Fillmore County
Foley
Forest Lake
Fosston
Frazee
Freeborn County
Fridley
Fulda
Gaylord
Gilbert
Glencoe
Glenwood
Glyndon
Golden Valley
Goodhue
Goodhue County
Goodview
Grand Marais
Grand Meadow
Grand Rapids
Granite Falls
Grant
Grant County
Greenfield
Hallock
Ham Lake
Hanover
Harris
Hastings
Hawley
Hayfield
Hector
Hennepin County
Hermantown
Hibbing
Hinckley
Hopkins
Houston County
Howard Lake
Hoyt Lakes
Hubbard County
Hugo
Hutchinson
Independence
International Falls
Inver Grove Heights
Isanti
Isanti County
Itasca County
Ivanhoe
Jackson
Jackson County
Janesville
Jordan
Kanabec County
Kandiyohi County
Kasson
Keewatin
Kenyon
Kittson County
Koochiching County
La Crescent
Lac qui Parle County
Lake City
Lake County
Lake Crystal
Lake Elmo
Lake of the Woods County
Lake Saint Croix Beach
Lake Shore
Lakefield
Lakeland
Lakeville
Lauderdale
Le Center
Le Sueur
Le Sueur County
Lester Prairie
Lewiston
Lexington
Lincoln County
Lindstrom
Lino Lakes
Litchfield
Little Canada
Little Falls
Little Rock
Long Lake
Long Prairie
Lonsdale
Luverne
Lyon County
Madelia
Madison
Madison Lake
Mahnomen
Mahnomen County
Mahtomedi
Mankato
Mantorville
Maple Grove
Maple Lake
Maple Plain
Mapleton
Maplewood
Marshall
Marshall County
Martin County
Mayer
McLeod County
Medford
Medina
Meeker County
Melrose
Menahga
Mendota Heights
Milaca
Mille Lacs County
Minneapolis
Minneota
Minnetonka
Minnetonka Mills
Minnetrista
Montevideo
Montgomery
Monticello
Montrose
Moorhead
Moose Lake
Mora
Morris
Morrison County
Mound
Mounds View
Mountain Iron
Mountain Lake
Mower County
Murray County
New Brighton
New Hope
New London
New Prague
New Richland
New Ulm
New York Mills
Newport
Nicollet
Nicollet County
Nisswa
Nobles County
Norman County
North Branch
North Mankato
North Oaks
North Saint Paul
Northfield
Norwood (historical)
Norwood Young America
Nowthen
Oak Grove
Oak Park Heights
Oakdale
Oakport
Olivia
Olmsted County
Orono
Oronoco
Ortonville
Osakis
Osseo
Otsego
Otter Tail County
Owatonna
Park Rapids
Parkers Prairie
Parkville
Paynesville
Pelican Rapids
Pennington County
Pequot Lakes
Perham
Pierz
Pine City
Pine County
Pine Island
Pipestone
Pipestone County
Plainview
Plymouth
Polk County
Pope County
Preston
Princeton
Prior Lake
Proctor
Ramsey
Ramsey County
Red Lake
Red Lake County
Red Lake Falls
Red Wing
Redby
Redwood County
Redwood Falls
Renville
Renville County
Rice
Rice County
Richfield
Richmond
Robbinsdale
Rochester
Rock County
Rock Creek
Rockford
Rockville
Rogers
Roseau
Roseau County
Rosemount
Roseville
Royalton
Rush City
Rushford
Saint Anthony
Saint Augusta
Saint Bonifacius
Saint Charles
Saint Cloud
Saint Francis
Saint James
Saint Joseph
Saint Louis County
Saint Louis Park
Saint Michael
Saint Paul
Saint Paul Park
Saint Peter
Sandstone
Sartell
Sauk Centre
Sauk Rapids
Savage
Scandia
Scott County
Shafer
Shakopee
Sherburn
Sherburne County
Shoreview
Shorewood
Sibley County
Silver Bay
Slayton
Sleepy Eye
South Saint Paul
Spicer
Spring Grove
Spring Lake Park
Spring Park
Spring Valley
Springfield
Stacy
Staples
Starbuck
Stearns County
Steele County
Stevens County
Stewartville
Stillwater
Swift County
Taylors Falls
Thief River Falls
Todd County
Tonka Bay
Tracy
Traverse County
Truman
Two Harbors
Tyler
Vadnais Heights
Victoria
Vineland
Virginia
Wabasha
Wabasha County
Waconia
Wadena
Wadena County
Waite Park
Walker
Wanamingo
Warren
Warroad
Waseca
Waseca County
Washington County
Watertown
Waterville
Watonwan County
Waverly
Wayzata
Wells
West Coon Rapids
West Saint Paul
Wheaton
White Bear Lake
Wilkin County
Willmar
Windom
Winnebago
Winona
Winona County
Winsted
Winthrop
Woodbury
Worthington
Wright County
Wyoming
Yellow Medicine County
Young America (historical)
Zimmerman
Zumbrota