Commercial Loan Rates for 5/9/2008
Interest rates are an important part of sound investment decisions in today's market. Working closely with our expert loan advisors, you will gain the Steelhead Advantage — maximizing terms and minimizing risk. For assistance on your next investment, please submit a secure loan request »
multi-family commercial mortgage rates |
small portfolio ( $400,000 to $5mm) |
max LTV |
fixed term |
loan rate |
max amort. |
80% purchase 80% refinance +5% mezzanine available |
floating |
5.88% |
30 |
3 year |
7.25% |
30 |
5 year |
7.25% |
30 |
10 year |
7.82% |
30 |
30 year |
7.33% |
30 |
large portfolio - non-recourse ( $1mm to $20mm) |
max LTV |
fixed term |
loan rate |
max amort. |
80% purchase 80% refinance |
5 year |
6.10% |
30 |
10 year |
6.37% |
30 |
special loan products |
program |
fixed term |
loan rate |
max amort. |
rehab / floating |
1 year |
9.00% |
interest only |
fannie mae |
10 year |
6.37% |
30 |
office / industrial / nnn / retail / storage loans |
single tenant / NNN - credit - non-recourse
( $1mm to $10mm+) |
max LTV |
fixed term |
loan rate |
max amort. |
80% purchase and refinance |
5 year |
6.00% |
30 |
10 year |
6.50% |
30 |
30 year |
8.86% |
30 |
single tenant / NNN - non-credit - non-recourse ( $500k to $10mm+) |
max LTV |
fixed term |
loan rate |
max amort. |
75% purchase 75% refinance |
3 year |
6.56% |
30 |
5 year |
7.02% |
30 |
10 year |
7.05% |
30 |
30 year |
9.00% |
30 |
multi-tenant - recourse ( $500k to $10mm) |
max LTV |
fixed term |
loan rate |
max amort. |
75% purchase 75% refinance |
3 year |
6.56% |
30 |
5 year |
7.02% |
30 |
10 year |
7.05% |
30 |
30 year |
9.06% |
30 |
owner occupied / sba / hotel / motel loans |
conventional and government programs |
max LTV |
fixed term |
loan rate |
max amort. |
90% purchase (SBA) 75% refinance |
Floating |
5.25% |
30 |
3 year |
6.97% |
30 |
5 year |
6.77% |
30 |
10 year |
7.81% |
30 |
25 year |
9.77% |
30 |
commercial mortgage market rates |
index |
current rate |
last month |
last year |
prime |
5.00% |
5.25% |
8.25% |
libor (6 month) |
2.87% |
2.95% |
5.35% |
5 year treasury |
3.16% |
2.63% |
4.55% |
10 year treasury |
3.87% |
3.50% |
4.65% |
Interest rates quoted here are for informational purposes only and change frequently. Please note that present and past commercial mortgage rates vary widely depending on borrower credit, LTV loan size, property condition, market conditions, and other factors. To receive the most up-to-date rates, submit your secure loan request.
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