• We Specialize in Commercial Mortgage Loans
    From $1,000,000 to $10,000,000+
  • Apartment Building Loans and
    Multifamily Financing Nationwide
  • No Application or Processing Fees.
    No Cost Pre-Approvals in 24 Hours.
  • We Provide Excellent Rates and Terms,
    Custom Tailored to Fit Your Needs.

Apartment Loans & Commercial Mortgage Loans
$1,000,000 Minimum

Commercial Mortgage Rates - Rates updated December 3rd, 2021

Loan Product Rates (start as low as) LTV
Apartment Loan Rates (Over $6,000,000) 2.65% Up to 80% Get Free Quote
Apartment Loan Rates (Under $6,000,000) 3.22% Up to 80% Get Free Quote
Business Real Estate Loan Rates 3.62% Up to 90% Get Free Quote
Commercial Mortgage Rates 3.64% Up to 75% Get Free Quote

Lending Nationwide from $1,000,000+

Select Commercial Funding LLC BBB Business Review

Recent Closings

Our Most Popular Loan Types

Apartment Building Loan

Apartment building lending and commercial property loans continues to be a major source of our commercial mortgage lending activities. A strong rental market and low vacancies allow us to be very aggressively priced on apartment building loans. We have a large array of lending programs to cover almost every possible scenario – whether you own an urban hi-rise apartment or a suburban garden apartment, we have the best deals for investment property loans in the market. We service large companies that are looking for large loans, as well as, small owners that only own one building. Everybody’s needs are different, and we will work with you to find the best commercial mortgage lender to custom tailor an apartment loan that suits your individual needs. We lend nationwide and our minimum loan size is $1,000,000. We will also consider credit that is not perfect. Please give us a call at 1-877-548-9454, or fill out our Free Loan Request form. Find more information on Apartment Loans here.

Commercial Mortgage Loan

The other major source of our commercial mortgage lending consists of both owner-occupied and investor commercial mortgage loans. We provide commercial mortgage purchase and commercial mortgage refinance loans. Owner occupied properties are those properties where the owner of the property uses the commercial property for his/her own business. Some examples include: medical offices, retail stores, motels and special-use properties like gas stations. Investor properties are those properties where the owner has purchased the property for investment and rents out the property to one or multiple tenants. Some examples include: office buildings, retail centers and warehouse properties. Regardless of which type of property you own, we have the right commercial mortgage loan, and the right commercial mortgage lender to suit your individual needs. For more information, please give us a call at 1-877-548-9454, or fill out our Free Loan Request form. For more information please visit our commercial mortgage page.

Special Purpose Properties

At Select Commercial, we offer commercial mortgage loans for all types of commercial properties. We lend on investor properties that are rented out to others, such as, apartment buildings, office buildings, and retail shopping centers, as well as, owner-user properties used by a self-employed business owner such as, retail stores, gas stations, medical offices, and motels. Every different property type requires a specialized analysis of the property and the borrower. We have extensive experience lending on all different types of properties.

Car Wash Loans – we finance self-service and full-service car washes, as well as many other automotive related properties, such as repair shops, auto-body shops, service centers, tire shops and muffler shops.
Gas Station Loans – we have extensive experience lending on branded and unbranded gas stations.
Mobile Home Park Loans – we have special lending programs for mobile home parks, manufactured housing communities, trailer parks and recreational vehicle parks.
Self-Storage Loans – we finance all types of storage facilities, including: indoor climate-controlled facilities, traditional outdoor facilities, RV and vehicle storage facilities and boat storage properties nationwide.
NNN Lease Loans – we have special expertise in financing single-tenant NNN lease properties, including: drugstore chains, dollar stores, national restaurants and big box retailers.
Hotel Loans – we finance full service nationally flagged hotels nationwide.
Motel Loans – we finance flagged and unflagged motels, including seasonal or vacation area properties.
1031 Exchange Financing - we specialize in providing funds to help investors perform 1031 Exchanges by allowing them to swap an existing property with a new (and often larger) replacement property.
Underlying Co-op Loans– we provide underlying loans on cooperative buildings in major urban markets. We do not finance individual units, but provide the underlying loan for the co-op corporation.

For more information, please give us a call at 1-877-548-9454, or fill out our Free Loan Request form.

Tip of the Month

Select Commercial can help you with NNN Lease Loans.

We are often asked questions from our clients about investing in Net Lease or NNN properties. Investors love the idea of investing in a property and not having to be responsible for property expenses. We often tell our clients interested in NNN lease properties to, first and foremost, look for high rated credit tenants. Lenders are not bullish on retail right now. However, if you find a highly rated credit tenant with a corporately guaranteed lease (such as Walgreens, CVS, Dollar General, etc.), great rates and terms are available. Secondly, it is crucial to look for properties with longer leases. No lender is interested in financing a property with a short-term lease. We typically like to see at least 10 years remaining on the primary lease. Lastly, scrutinize the location of the property. You are much more likely to get great rates and terms in highly rated markets than in secondary or tertiary markets. Please contact us for any specific questions regarding Credit Tenant Lease Loans.

What you need to know about obtaining a commercial real estate loan for an owner-occupied property.

Owner-occupied properties are properties that are used to house an owner’s business. Examples include medical offices, restaurants, general offices, retail stores, motels, etc. Commercial real estate loans are loans that are used to finance the acquisition of these properties or refinance these properties (often to free up equity for other business purposes). The self-employed borrowers that own these properties need to work with lenders who understand and have experience lending to small businesses. Many commercial mortgage lenders do not focus on these properties as they lack the necessary experience working with small business owners. When commercial real estate lenders look at an investment property, they look at the rents collected, the expenses necessary to run the property, and calculate the net operating income. This NOI is used to determine the property’s ability to cover the mortgage debt. With properties that are used by the owner, the calculations are different. The lender must understand the entire business operation to determine what income and expenses are attributable to the property and to the business separately. The underlying business must be healthy to take on the debt of a commercial real estate loan. In addition to analyzing the income, lenders also need to understand the owner occupant’s credit scores and ratings. The stronger the credit scores, the less risky the loan. Commercial mortgage rates will often be determined by analyzing both the business’s income and the credit of the applicant. At Select Commercial, we have over 30 years of commercial real estate financing experience lending to small business owners.

Select Commercial can assist you with your 1031 Exchange Financing needs!

Ordinarily, when an investor sells an investment property, the profit realized is subject to capital gains taxes. However, if the investor exchanges the property for another property, the IRS will allow the investor to defer capital gains taxes. This process is called a 1031 Tax Free Exchange. Select Commercial specializes in helping investors utilizing a 1031 Exchange obtain commercial mortgage financing to facilitate the new purchase. Please contact us for more details on 1031 Tax Free Exchange Financing. (Always consult your tax advisor for specific advice when it comes to your tax situation).