Commercial Real Estate Financing in South Dakota | SD Commercial Loan Rates

Commercial Loan Direct (CLD) provides commercial real estate loans in the state of South Dakota. Current commercial loan rates in South Dakota 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 SD. We also have a dedicated page for apartment loans in South Dakota.

South Dakota Commercial Loans

South Dakota Commercial Loan Rates

Commercial Loan Types Average South Dakota 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 South Dakota

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 South Dakota

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 South Dakota

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

South Dakota Cities and Towns Served

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South Dakota Economic Data

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

Economy

Housing

Lending Cities

Commercial loan direct provides services in the following South Dakota 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 South Dakota economic reports to get a better understanding of your market.

  • Aberdeen
  • Alexandria
  • Armour
  • Aurora County
  • Baltic
  • Beadle County
  • Belle Fourche
  • Bennett County
  • Beresford
  • Bison
  • Blackhawk
  • Bon Homme County
  • Box Elder
  • Brandon
  • Britton
  • Brookings
  • Brookings County
  • Brown County
  • Brule County
  • Buffalo
  • Buffalo County
  • Burke
  • Butte County
  • Campbell County
  • Canton
  • Chamberlain
  • Charles Mix County
  • Clark
  • Clark County
  • Clay County
  • Clear Lake
  • Codington County
  • Colonial Pine Hills
  • Corson County
  • Crooks
  • Custer
  • Custer County
  • Dakota Dunes
  • Davison County
  • Day County
  • De Smet
  • Deadwood
  • Dell Rapids
  • Deuel County
  • Dewey County
  • Douglas County
  • Dupree
  • Eagle Butte
  • Edmunds County
  • Elk Point
  • Fall River County
  • Faulk County
  • Faulkton
  • Flandreau
  • Fort Pierre
  • Fort Thompson
  • Freeman
  • Garretson
  • Gettysburg
  • Grant County
  • Gregory
  • Gregory County
  • Groton
  • Haakon County
  • Hamlin County
  • Hand County
  • Hanson County
  • Harding County
  • Harrisburg
  • Hartford
  • Hayti
  • Highmore
  • Hot Springs
  • Howard
  • Hughes County
  • Huron
  • Hutchinson County
  • Hyde County
  • Ipswich
  • Jackson County
  • Jerauld County
  • Jones County
  • Kadoka
  • Kennebec
  • Kingsbury County
  • Lake Andes
  • Lake County
  • Lawrence County
  • Lead
  • Lemmon
  • Lennox
  • Leola
  • Lincoln County
  • Lyman County
  • Madison
  • Marshall County
  • Martin
  • McCook County
  • McIntosh
  • McPherson County
  • Meade County
  • Mellette County
  • Milbank
  • Miller
  • Miner County
  • Minnehaha County
  • Mission
  • Mitchell
  • Mobridge
  • Moody County
  • Mound City
  • Murdo
  • North Eagle Butte
  • North Sioux City
  • North Spearfish
  • Oglala
  • Oglala Lakota County
  • Olivet
  • Onida
  • Parker
  • Parkston
  • Pennington County
  • Perkins County
  • Philip
  • Pierre
  • Pine Ridge
  • Plankinton
  • Platte
  • Porcupine
  • Potter County
  • Rapid City
  • Rapid Valley
  • Redfield
  • Roberts County
  • Rosebud
  • Salem
  • Sanborn County
  • Selby
  • Sioux Falls
  • Sisseton
  • Spearfish
  • Spink County
  • Springfield
  • Stanley County
  • Sturgis
  • Sully County
  • Summerset
  • Tea
  • Timber Lake
  • Todd County
  • Tripp County
  • Turner County
  • Tyndall
  • Union County
  • Vermillion
  • Volga
  • Wagner
  • Walworth County
  • Watertown
  • Webster
  • Wessington Springs
  • White River
  • Winner
  • Woonsocket
  • Yankton
  • Yankton County
  • Ziebach County
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