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 4.7% to 16.11%, 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 Loans

Minnesota Commercial Loan Rates

Commercial Loan Types Average Minnesota Rates LTV Loan Amount Occupancy
Conventional 5.11% - 8.04% 80% $1,000,000+ Investment + Owner Occupied
Conduit / CMBS 5.59% - 6.71% 75% $2,000,000+ Investment
Insurance 5.04% - 7.29% 75% $5,000,000+ Investment + Owner Occupied
FHA / HUD 4.59% - 5.44% 83.3% $5,000,000+ Investment
USDA 5.70% - 8.70% 85% $1,000,000+ Investment + Owner Occupied
Bridge 7.11% - 16.11% 80% $1,500,000+ Investment
Construction 7.20% - 12.20% 83.3% $1,000,000+ Investment
SBA 4.70% - 8.20% 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

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

52

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
Chat