Commercial Mortgage Rates

Current commercial mortgage rates are at historic lows. Our rates are extremely attractive, and we offer 24 hour approvals with NO COST and NO OBLIGATION. If you are looking to finance a commercial property, we can help. Click for a FREE QUOTE now!

Apartment Building Loans

As of 4/21/17, rates start at
3.45%
Minimum Loan Size $750,000
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Commercial Mortgage Loans

As of 4/21/17, rates start at
3.99%
Minimum Loan Size $750,000
Get a Quote

Business Real Estate Loans

As of 4/21/17, rates start at
3.81%
Minimum Loan Size $750,000
Get a Quote

Commercial Mortgage Rates

Commercial mortgage rates remain very low for many types of properties. Currently, the types of properties that lenders prefer are: multi-tenanted office, retail, industrial, and warehouse properties in good locations and in solid markets. In addition, single tenant properties will be considered for credit tenants and owner occupants in good financial condition. Loans for new construction, rehabilitation, and vacant properties and/or land are much harder to obtain. Borrower credit worthiness, property details and down payment are very important when assessing risk and determining commercial mortgage rates.

Commercial Mortgage Rates - Rates Updated 4/21/17
Loan Product Rate Amortization
3 Year Fixed 3.85% Up to 25 years
5 Year Fixed 3.99% Up to 25 years
7 Year Fixed 4.15% Up to 25 years
10 Year Fixed 4.50% Up to 25 years
  • Up to 75% LTV
  • Simplified underwriting for small balance loans
  • Loan amounts from $750,000
  • Loan to value ratios up to 75%. 
  • Loan to value ratios up to 90% on SBA deals (owner/user commercial properties)
  • Step down and yield maintenance prepayment penalties
  • Nonrecourse loans are available
  • Commercial Mortgage Backed Securities - Rates Updated 4/21/17
    Loan Product Rate Amortization
    10 Year Fixed 4.00%-4.90% Up to 30 years
  • Up to 75% LTV
  • Loan amounts from $2 million and up
  • Loans available for apartment buildings, retail shopping centers, office buildings, warehouses and hospitality
  • Loan to value ratios up to 75% on purchases and refinances
  • Cash out refinances are acceptable
  • Interest only loans are available
  • Loans are non-recourse
  • NNN Single Tenant Properties / Credit Rated - Rates Updated 4/21/17
    Loan Product Rate Amortization
    3 Year Fixed 3.51% Up to 30 years
    5 Year Fixed 3.71% Up to 30 years
    7 Year Fixed 3.86% Up to 30 years
    10 Year Fixed 4.27% Up to 30 years
  • Up to 75% LTV
  • Credit tenants such as Walgreen’s, CVS, AutoZone, Panera Bread, etc.
  • Up to 75% LTV for purchases and refinances
  • Cash out available
  • Low step-down prepayment penalties
  • Loan terms up to remaining lease term
  • Apartment Building Mortgage Rates

    Apartment building loan rates are among the best in the commercial mortgage industry. When lenders set the rates for these types of loans, they are encouraged by the short and long term prospects of the rental housing markets. Due to the lower risk of apartment buildings as an investment class, the rates are very low right now. Of course, the type of loan is only one factor when it comes to determining risk. The borrower’s credit worthiness, property location and property condition and many other factors are analyzed. For more information on what commercial mortgage lenders look for in determining the rate you receive, please see our blog article How to Qualify for the Best Commercial Mortgage Rate.

    Rates Updated 4/21/17

    Fannie Mae Small Balance Apartment Loan - Rates Updated 4/21/17
    Loan Product Rate Amortization
    5 Year Fixed 4.37%-4.92% Up to 30 years
    7 Year Fixed 4.27%-4.79% Up to 30 years
    10 Year Fixed 4.53%-5.02% Up to 30 years
    15 Year Fixed 4.50%-4.99% 30 years
    30 Year Fixed 4.90%-5.38% 30 years
  • 55-80% LTV
  • Simplified underwriting for small balance loans
  • Loan amounts from $750,000-$3 million - up to $5 million in major markets
  • Loan to value ratios up to 80% on purchases and 75% on refinances
  • Cash out refinances are acceptable
  • Pricing based on loan-to-value and debt service coverage ratio:
    • Tier 2 - 75-80%/1.25x
    • Tier 3 - 65%/1.35x
    • Tier 4 – 55%/1.55x
  • Interest only loans are available
  • Step down and yield maintenance prepayment penalties
  • Nonrecourse loans are available
  • Fannie Mae Large Balance Apartment Loan - Rates Updated 4/21/17
    Loan Product Rate Amortization
    5 Year Fixed 4.22%-4.77% Up to 30 years
    7 Year Fixed 4.12%-4.64% Up to 30 years
    10 Year Fixed 4.38%-4.87% Up to 30 years
    15 Year Fixed 4.35%-4.84% 30 years
    30 Year Fixed 4.75%-5.23% 30 years
  • 55-80% LTV
  • Loan amounts from $3 million and up
  • Loans available for apartment buildings, cooperatives, affordable housing, student housing, senior housing, and manufactured home communities
  • Loan to value ratios up to 80% on purchases and 75% on refinances
  • Cash out refinances are acceptable
  • Pricing based on loan-to-value and debt service coverage ratio:
    • Tier 2 - 75-80%/1.25x
    • Tier 3 - 65%/1.35x
    • Tier 4 – 55%/1.55x
  • Interest only loans are available
  • Step down and yield maintenance prepayment penalties
  • Nonrecourse loans are available
  • Principal borrower must meet credit, net worth, liquidity and experience requirements
  • Freddie Mac Small Balance Apartment Loan - Rates Updated 4/21/17
    Loan Product Rate Amortization
    5 Year Fixed 3.45%-4.41% Up to 30 years
    7 Year Fixed 3.81%-4.79% Up to 30 years
    10 Year Fixed 3.95%-4.96% Up to 30 years
  • 55-80% LTV
  • 5 year fixed rate period may be followed by a 15 year floating rate period
  • 7 year fixed rate period may be followed by a 13 year floating rate period
  • 10 year fixed rate rate period may be followed by a 10 year floating rate period
  • Interest only is available
  • Step-down prepayment penalties
  • Free rate locks for up to 90 days
  • Pricing is based on LTV and DSC ratios
  • Floating rate periods subject to annual and lifetime caps
  • Bank Apartment Mortgage Loan - Rates Updated 4/21/17
    Loan Product Rate Amortization
    5 Year Fixed 4.25%-5.22% Up to 30 years
    7 Year Fixed 4.35%-5.19% Up to 30 years
    10 Year Fixed 4.50%-5.42% Up to 30 years
  • Up to 75% LTV for purchases and refinances
  • Cash out available
  • Low step-down prepayment penalties
  • Fixed rates for 5, 7, or 10 years followed by adjustable rate options
  • Adjustable options are subject to annual and lifetime caps
  • Recourse is typically required
  • 60 day rate locks
  • Up to 50% commercial income is acceptable
  • Commercial Mortgage Backed Securities Loan - Rates Updated 4/21/17
    Loan Product Rate Amortization
    10 Year Fixed 4.00%-4.90% Up to 30 years
  • Up to 75% LTV
  • Loan amounts from $2 million and up
  • Loans available for apartment buildings, retail shopping centers, office buildings, warehouses and hospitality
  • Loan to value ratios up to 75% on purchases and refinances
  • Cash out refinances are acceptable
  • Interest only loans are available
  • Loans are non-recourse
  • Bridge Loan
    Call for more information

    Business Real Estate Rates

    Business mortgage rates for loans secured by a self-employed realestate owner’s remain low for many types of properties, including: hotels and motels, gas stations, convenience stores, laundromats, doctor's and dentist's offices, other professional offices, warehouses, industrial facilities, auto repair, retail stores, self-storage, day care, liquor stores, assisted living facilities, etc. Most of these property types will qualify for loans up to 90% LTV with very attractive business mortgage rates. Physicians, dentists, veterinarians, and other medical professionals may qualify for up to 100% financing for their medical practices, including working capital. Like other types of commercial mortgage loans, the borrower’s credit worthiness and property details will determine the rate and terms of the loan.

    Rates Updated 4/21/17

    Owner Occupied Commercial Mortgage - Rates Updated 4/21/17
    Loan Product Rate Amortization
    3 Year Fixed 3.61% Up to 30 years
    5 Year Fixed 3.81% Up to 30 years
    7 Year Fixed 3.96% Up to 30 years
    10 Year Fixed 4.37% Up to 30 years
  • Up to 80% LTV
  • Step-down prepayment penalties
  • Loan to value ratios up to 80%, 90% with SBA
  • Loans from $750,000 and up
  • 51% or more of the property to be owner occupied
  • Small Business Administration Loan - Rates Updated 4/21/17
    Loan Product Rate Amortization
    Adjustable 5.25%-6.00% Up to 25 years
    5 Year Fixed 5.50%-6.25% Up to 25 years
  • Up to 90% LTV, 100% possible
  • Loans for the purchase or refinance of owner occupied properties
  • Relaxed income and credit qualifying guidelines
  • Capital available for working capital, equipment, and accounts receivable
  • Loans up to 90% LTV (100% for certain professional businesses)
  • Loans from $750,000+