Commercial Loan Direct (CLD) provides commercial real estate loans in the state of New Mexico. Current commercial loan rates in New Mexico 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 NM. We also have a dedicated page for apartment loans in New Mexico.
| Commercial Loan Types | Average New Mexico 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 |
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 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.
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.
We are proud to be serving the state of New Mexico. Here are our commercial loan statistics for this state.
Please note that commercial loan rates are dependent on the market. We have provided market data for NM below to help you understand what kind of market you are in. Simply click one of the options below to see the data for NM. Economic data reports provided by Data USA.
Commercial loan direct provides services in the following New Mexico 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 New Mexico economic reports to get a better understanding of your market.
