commercial and multifamily mortgage loan rates

Commercial Mortgage Interest Rates - Nationwide Lending Terms

View today's current commercial loan interest rates. Our Company strives to offer the lowest commercial mortgages rates in the marketplace. Please note that mortgage rates can vary depending on different financial and transactional factors. Please let us know if you find better terms anywhere as one of our primary goals are offering our clients the most competitive and comprehensive business mortgage rates mix. Please, do not hesitate contacting us with any questions you might have. View our Apartment Loan Rates here.

* Commercial mortgage interest rates are updated daily.

Commercial Interest Rates - Programs
Commercial Interest Rates
Loan Amount
Commercial Interest Rates
Loan Amount
$750k - $3Million
$3Million - $10Million
$2Million - $1Billion
$3Million - $10Million
$2Million - $10Million
$5Million +
$1Million - $10Million
$750k - $10Million
$500k - $2Million
$500k - $10Million
Small Balance Program ($750,000 - $3Million)
(Investor) $1Million to $3Million
Max LTV
Fixed Term
Rates
Max. Amort.
80% LTV
Purchase & Refinance

(Apartments -0.25% to Rate)
Guidelines

3-year
3.680%
30
5-year
4.100%
30
7-year
4.350%
30
10-year
4.570%
30
15-year
4.695%
15
(>51% Owner Occupied) $750,000 to $10Million w/SBA-504
Max LTV
Fixed Term
*Rates
Max. Amort.
90% LTV Purchase
(SBA 504)
(Special use property +0.75% to Rate)
Guidelines
Quarterly
4.494%-5.189%
25
3-year
4.177%-5.428%
25
5-year
4.411%-5.662%
25
10-year
4.672%-6.007%
25
SBA 504 Blended Rate (final rate to Borrower)
(>51% Owner Occupied) $750,000 to $3Million Conventional
Max LTV
Fixed Term
Rates
Max. Amort.
80% LTV
Purchase & Refinance
Quarterly
4.250%
25
3-year
3.680%
25
5-year
4.100%
25
10-year
4.570%
25
15-year
4.720%
15

 

Mid Balance - Investor/Owner Occupied ($1Million - $10Million)
Properties: Industrial, General Offices, Creative and Professional Office Space, Anchored Retail, Factory Outlets, and Mini Storage
Max LTV
Fixed Term
Rates
Max. Amort.
80% LTV
Purchase & Refinance
(Apartments minus -0.25% to Rate)
Guidelines
3-year
3.680%
30
5-year
4.100%
30
7-year
4.350%
30
10-year
4.570%
30
15-year
4.695%
15
Properties; Health Care, Special Purpose, and Hospitality
Max LTV
Fixed Term
Rates
Max. Amort.
75% LTV
Quarterly
*PTB
25
1-year
*PTB
25
3-year
*PTB
25
5-year
*PTB
25
*10 yrs Fixed
*PTB
25
15 yrs fixed
*PTB
25
* Quoted on a per transaction basis

 

Conduit - CMBS Loans ($2Million - $1Billion)
Conduit Commercial Interest Rates
Program
Fixed Term
Rates
Max. Amort.
75-80% LTV 5 years 3.600% 30 yrs
75-80% LTV 10 years 4.070% 30 yrs
75-80% LTV
15 years
Call
30 yrs
Additional mortgage terms are available

 

FHA Loans ($3Million - $500+ Million)
Program
Fixed Term
Rate
Max. Amort.

Purchase
(83% LTV)

Refinance 80% LTV

30-40 years
3.010% - 3.810%
30-40 yrs

 

Bridge Loans - Investor/Owner Occupied ($2Million - $10Million)
Commercial Interest Rates
Program
Fixed Term
Rate
Max. Amort.
Rehab / Bridge
(90% LTC as-is)
80% at exit
1-3 years
8.999%-13.00%
Interest-Only

 

 

Construction Loans - Owner Occupied Only
Construction Loans - $750,000 to $10 Million (w/ SBA-504 only)
Program
Fixed Term
Rate
Max. Amort.
- 90% for multi-use properties (excludes start-up businesses)
Multi Use
4.250%
Interest-Only
- 85% for special use properties (multi-use start up)
- 80% for special use properties that are start-up businesses
Special Use
5.250%
Interest-Only

 

SBA 7a Loans
SBA 7a Loans - $500,000 to $2Million
Program
Rate Term
Rate
Max. Amort.
Purchase
(90% LTV)
Quarterly
6.000%
25 yrs
Floor Rates
Quarterly
6.000%
25 yrs

 

USDA B&I Loans
USDA Loans - $500,000 to $10Million
Program
Rate Term
Rate
Max. Amort.
Purchase
(85% LTV)
Quarterly
5.000% - 6.000%
20 yrs
5yr-10yr fixed rates available case-by-case
Insurance Co. Loans
Max. LTV
Term
Max. Amort.
DSCR
Rate
65-70 LTV
5 Year
25-30
1.30
3.570%
65-70 LTV
7 Year
25-30
1.30
3.690%
65-70 LTV
10 Year
25-30
1.30
3.750%
65-70 LTV
20 Year
25-30
1.30
4.240%

 

KEY MARKET INTERESTS
Index
Commercial Mortgage Rates
Prime
3.250%
30 Day Libor
0.178%
90 Day Libor
0.273%
6 Month Libor
0.402%
1 Year Libor
0.699%
3 Year Swap
1.180%
5 Year Swap
1.600%
10 Year Swap
2.070%
5 Year Treasury
1.420%
10 Year Treasury
1.950%
10 Year SBA 504
4.400%
20 Year SBA 504
4.800%

 

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 Capital, Inc. 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.