Glendale Commercial Mortgage Loans
$1,000,000 Minimum

Glendale Commercial Mortgage Rates - Rates updated March 4th, 2021

Loan Product Rates (start as low as) LTV
Multifamily Mortgage Rates (Over $6,000,000) 2.68% Up to 80% Get Free Quote
Multifamily Mortgage Rates (Under $6,000,000) 3.27% Up to 80% Get Free Quote
Single Tenant Lease Rates 3.25% Up to 75% Get Free Quote
Business Real Estate Loans 3.35% Up to 90% Get Free Quote
Commercial Mortgage Rates 3.60% Up to 75% Get Free Quote
Glendale Commercial Real Estate Glendale Commercial Mortgage

Select Commercial is a leading commercial real estate lender. We have excellent commercial mortgage loan products and options available for owners and purchasers of commercial real estate and multifamily buildings throughout the city of Glendale. While we lend across the entire continental United States, we are able to give our best rates and loan programs to certain areas that we feel are strong markets. Glendale is one of the cities that we consider to be a premium market and we actively look to originate good quality loans here for our clients. We have a diverse array of many available loan products to help qualified Glendale borrowers looking to purchase or refinance a commercial property. If you are looking to obtain a multifamily building loan or commercial real estate loan, don't hesitate to contact us. There are many reasons why our customers like doing business with Select Commercial. We have a simplified application process and we do not charge any upfront application or processing fees. We typically offer 24-hour pre-approvals with no-cost and no-obligation. Our long term fixed rates are excellent, and we look to close within 45 days of application.

Glendale Commercial Mortgage Benefits

Glendale commercial mortgage rates start as low as 2.68% (as of March 4th, 2021)
• No upfront application or processing fees
• Simplified application process
• Up to 80% LTV on multifamily, 75% on commercial (90% with SBA)
• Terms and amortizations up to 30 years
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation

Recent TRUSTPILOT Reviews

Select Commercial Funding Reviews from TRUSTPILOT

A three year journey
"Thanks Stephen for all of your hard work in getting our deal closed! I appreciate your professionalism and patience throughout a complicated process. You always were there for my partner and I whenever we had questions and needed answers quick. It was a pleasure to have worked with you and Select Commercial!"


Recent Closings

Commercial Mortgage Rate Trends in 2020

At the beginning of 2020 the overall market outlook did not suggest any crucial factors that would negatively impact the commercial mortgage market. Commercial mortgage lenders and investors expected a very profitable 2020. Almost 65 percent of the top commercial real estate companies believed that commercial mortgage loan originations would go up this year and over 15 percent anticipated an overall rise of over 5 percent. Data released at the beginning of 2020 indicated that commercial mortgage lenders were expected to close over $680 billion of commercial mortgage loans this year. Experts were of the belief that commercial mortgage lenders would remain bullish about making loans. In addition, as commercial mortgages rates were expected to go down most industry leaders were convinced that borrowers in 2020 will have a strong desire to take out commercial mortgage loans. However, with the recent outbreak of the Covid-19 pandemic, the US and global economy has been incredibly unstable. The stock market seems to be bottoming out and commercial mortgage rates have been hit very hard. While the Fed has dropped short term interest rates, long term commercial mortgage rates have actually been rising. Huge cities like New York are shutting down. In this economic climate, many investors are scared to purchase commercial real estate and to take out commercial mortgages. Additionally, the oil industry has been hit hard. Not only are people traveling less due to coronavirus, China and Russia are currently involved in a price war which is driving the price of oil way down. Many people are optimistic that as spring and summer roll in and public health officials learns how to handle this pandemic, the economy should regain its strength.

What Happened with Commercial Mortgage Rates in 2019

As we review the 2019 year, the commercial real estate market continued to flourish as the longest economic recovery in American history continued. Due to both GDP growth and a steady decline in the unemployment rate, 2019 saw the stock market make huge gains. Many investors thought that commercial mortgage rates would go up last year. However, in actuality commercial mortgage rates actually went down three times. These interest rates helped to spur investors to put more money into commercial real estate. With regards to commercial mortgage loan origination, the 2019 fiscal year far exceeded expectations due to solid fundamentals, low interest rates and higher demand for commercial mortgages. While 2018 commercial mortgage volume totaled about $339 billion, an increase of 18.9% from 2017, the 2019 numbers total about $369 billion. On a larger scale, the 2019 economy prospered overall. Over the course of the year about 2.1 million jobs were added to the market. In addition, the unemployment rate decreased about 50 basis points last year, matching the lowest unemployment rate in fifty years. At the beginning of 2019 many investors were expecting a recession. However, the economy improved as job growth rose and the unemployment rate decreased. This economic improvement had an immensely positive impact on the commercial real estate market as more investors rushed to put their money into commercial properties.

Glendale Commercial Mortgage Loan Options

Our staff is professional and knowledgeable, and we look forward to working with you on your next commercial mortgage transaction. We arrange financing in the city of Glendale for the following:


  • Multifamily Building Loans – we actively lend on garden apartments, high-rise multifamily buildings, student housing complexes, underlying cooperatives, and all other types of residential dwellings. We consider loan requests up to 80% LTV. We offer loans with and without recourse (personal guarantees) and with and without prepayment penalties. We offer fixed rate loans with terms from 3 to 30 years.
  • Office Building Loans – we lend on all types of office properties, including multi-tenant and single tenant buildings in all locations. We lend on both owner occupied and investor properties. We typically lend up to 75% LTV on investor properties and up to 90% on owner occupied properties. Most loans are written for either 5, 7, or 10 years at a fixed rate with a 25-year amortization.
  • Retail Building Loans – we gladly consider requests for commercial mortgage loans on shopping centers, retail strip centers, and individual retail stores. We are a little bit more conservative on retail loans these days based on the current climate for retailers and will consider LTV ratios of 65%-75% depending on the deal. We actively lend on NNN single tenant retail locations such as Starbuck’s, CVS, Walgreens, Dollar General, and other national credit rated tenants.
  • Industrial Property Loans – we love to lend on warehouses, distribution centers, manufacturing facilities and other industrial properties. Often, these properties are owner occupied by the owner’s business. We also lend on multi-tenant industrial properties as well. We look for properties in good locations with access to population centers and transportation.
  • Single/Special Use Loans – we have a special lending division that understands small business lending secured by owner occupied businesses such as motels, gas stations, restaurants, car washes, retail stores, and other specialty properties. Many banks have a hard time with this type of lending as they often do not understand the underlying businesses.
  • Investment Property Loans – any and all income producing property will be considered. We are cash flow driven lenders and look for properties that generate positive cash flow for their owners. We will consider portfolios of single family residences under this group.
  • Bridge Loans – many borrowers do not qualify for regular institutional financing due to various short-term obstacles which need to be resolved before they can qualify for bank type financing. These borrowers often require short term loans, or bridge loans, to overcome these short-term problems.
Our company has multiple capital sources for these loans, including: national banks, regional and local banks, Fannie Mae, Freddie Mac, FHA, HUD, insurance companies, Wall Street conduit lenders (CMBS deals), credit unions and private lenders/hedge funds. Whether you are purchasing or refinancing, we have the right solutions available. We will entertain loan requests of all sizes, beginning at $1,000,000. Get started with a Free Commercial Mortgage Loan Quote.

Glendale Commercial Mortgage Loans

Select Commercial provides commercial mortgage loans and multifamily financing throughout Glendale and the state of Arizona including, but not limited to, the areas below.


47th Place Condominiums Inc., HOA, 55th Avenue Neighborhood, 60th Ave. Villa Maria Residents, 63rd Avenue Yard Guards, 64th Drive Sunrise, 80th Lane Block Watch, Acapulco Neighborhood Association, Acoma Neighborhood, Arrowhead Estates Desert Showers Partnership, Arrowhead Lakes HOA, Arrowhead Ranch Phase I, Arrowhead Ranch Phase II, Arrowhead Ranch Phase III, Arrowhead Ranch Phase V, Barrel District, Becker Lane Estates, Belaire, Bell/Greenway Neighborhood Watch Coalition, Bethany Heights, Bethany Meadows, Bethany Square Neighborhood, Bethany Treasures, Bicentennial Neighborhood Coalition, Bird of Paradise Neighbors, Brandywyne Estates, Cactus Cove HOA, Cactus District, Camelback Park, Camelback Village Estates, Caron Drive Neighborhood, Casa Compana HOA, Casa De Zia, Casa Linda, Catlin Court Historic District Association, Chaparral Country Estates, Chaparral Ranch I, Chaparral Ranch III, Chaparral West Neighborhood Association, Cholla District, Cobblefield HOA, Cortina HOA, Country Hollow Homeowners Association, Coventry Estates HOA, Daybreak Neighborhood, Denton Doubles, Desert Hope, Desert Springs Neighborhood, Desert Sunset, Double T Ranch, Eagle Pass, El Caminito Neighborhood, Emerald Point, Enclave at Arrowhead Ranch, Executive Palms, Eyes on Crime, Friends and Neighbors of Montara Park, Frier Drive Association, Garden Eye, Glen Acres, Glen Eden Community Association, Glencourt One, Glencourt Two Townhouse Association, Glencroft Residents Association, Glendale Parkside HOA, Glendale Sub Amended, Griffin Historic Neighborhood, Hearthstone Place/Estates, Hidden Manor HOA, Hidden Meadows Townhome Association, Hillcrest Ranch HOA, Historic Thunderbird Estates, Independence Heights, Ironwood Terrace Neighborhood Watch, J.U.I.C.E. Neighborhood, Joy Ranchos, La Buena Vida, Las Casas Neighborhood Association, Lexington Place, Manistee Ranch HOA, Marbrisa Ranch HOA, Marshall Ranch HOA, Maryland Heights Garden Homes, Maryland Lakes Condominiums, Maryland Manor, Maui Column, Mediterranean Gardens HOA, Miramonte Home Owners Association, Missouri Ranch HOA, Mohawk HOA, Monarch Point, Montebello Estates HOA, Mountain View Meadows Estates, New Brighton Place, Northern Manor West II, Northern Manor West Townhouse Association, ONeil Ranch Association, Oakhollow Homeowners Association, Ocotillo Disctrict, Ocotillo Rose Neighborhood Association, Olive Glen HOA, Olive Green Villas HOA, Olive Place HOA, Olive Villas HOA, Orange Grove Estates, Orangewood West 79th Lane, Orchard Glen, Pace Rosewood Association, Paloma Estates Neighborhood Association, Palomino HOA, Paradise Views II, Paradise Vistas, Parkside Estates, Paseo Place HOA, Patrick Ranch HOA, Peoria Ave. Citizens Group, Pioneer Neighborhood Association, Place Vendome HOA, Port Au Prince Neighborhood Association, Purdue Ave. Neighborhood Block Watch, Randolph Ranch, Raney Ranch HOA, Riviera Drive Estates HOA, Roadrunner Estates West, Rossmoor Village HOA No. 1, Rovey Farm Estates HOA, Royal Palm, Royal Shadows HOA, Sahuaro District, Sahuaro Ranch Association, Sands Estates, Sands West Neighborhood, Santa Grande Neighborhood, Santa Maria Group, Secluded Acres and Estates, Sexton/Smith Subdivision, Shadow View Ranch, Shadown Run HOA, Shalimar HOA, Shamrock Mobile Home Park, Sierra Land in Brighton Manor, Skyview West 1, Sonorita Neighborhood Association, Suaharo Glen Neighborhood Association, Summerfield Place III, Sunburst Farms, Suncrest Homes, Sunrise Neighborhood Association, Sunset Estates HOA, Sunset Palms Neighborhood Watch, Sunset Vista, Sweetwater Estates, Tamarac at Maryland Lakes, Tanita Titans, Terrace Green HOA, The Carolers, The Friendly Riviera, The Heart of Glendale, The Highlands at Arrowhead Ranch, Thunderbird Estates, Thunderbird Quail Run, Tierra Buena Park Association, Topeka Partners, Trends 84, Villa Charme V Neighborhood Association, Villas Glendale Townhouse Association, West Dale Estates, West Gardenia Association, West Glen Community Association, West Glenn Estates, West Plaza, West Plaza 3 - 4, West Plaza Estates, West Plaza I HOA, West Plaza II HOA, West Redfield Neighborhood Block Watch, West Tree 62nd Avenue Division, West Tree Angels, Westminster Village, Wild Horse Ranch, Windstream HOA, Woodglen Village Townhouse Association, Yucca Block Watch Group, Yucca District.