Commercial Mortgage Rates
Please note that commercial mortgage rates quoted here are for informational purposes only and change frequently. To speak directly with an investment advisor and to learn more about our financing services, please submit your secure loan request.
Rates for 9/2/2010
| multi-family commercial mortgage rates |
| small portfolio ($400,000 to $3mm) |
| max LTV | fixed term | loan rate | max amort. |
| 75% purchase 75% refinance cash-out refinance - 70% |
floating |
5.09% - 5.19% |
30 |
| 5 year |
4.46% - 4.65% |
30 |
| 7 year |
4.93% - 4.95% |
30 |
| 10 year |
5.08% - 5.20% |
30 |
| 30 year |
6.46% - 6.57% |
30 |
| large portfolio - non-recourse ($3mm to $20mm+) |
| max LTV | fixed term | loan rate | max amort. |
| 75% purchase 75% refinance cash-out refinance - 75% |
Floating |
5.09% - 5.19% |
30 |
| 5 year |
4.06% - 4.25% |
30 |
| 7 year |
4.40% - 4.55% |
30 |
| 10 year |
4.68% - 4.80% |
30 |
| 30 year |
6.06% - 6.17% |
30 |
| special loan products |
| program | fixed term | loan rate | max amort. |
| Rehab / Bridge (75% LTC) |
1 year |
7.0% - 14.5% |
interest only |
| office / industrial / nnn / retail / storage loans |
| $500,000 to $1.5M |
| max LTV | fixed term | loan rate | max amort. |
| 75% purchase and refinance |
3 year |
5.75% - 7.25% |
25 |
| 5 year |
5.95% - 7.25% |
25 |
| 7 year |
6.25% - 7.25% |
25 |
| $1.5M to $10M+ |
| max LTV | fixed term | loan rate | max amort. |
| 75% purchase 75% refinance |
3 year |
5.5% - 7.0% |
25 |
| 5 year |
5.75% - 7.0% |
25 |
| 7 year |
6.0% - 7.0% |
25 |
| owner occupied / sba / hotel / motel loans |
| conventional and government programs |
| max LTV | fixed term | loan rate | max amort. |
| 90% purchase (SBA) 75% refinance |
Floating |
4.0% - 6.0% |
25 |
| 3 year |
4.5% - 6.0% |
25 |
| 5 year |
5.5% - 7.0% |
25 |
| commercial mortgage market rates |
| index | current rate | last month | last year |
| prime |
3.25% |
3.25% |
3.25% |
| libor (6 month) |
.52% |
.65% |
.76% |
| 5 year treasury |
1.37% |
1.66% |
2.24% |
| 10 year treasury |
2.53% |
2.96% |
3.37% |
Next: Learn about Steelhead's Investment Strategies »
Steelhead Capital offers broker direct solutions for commercial real estate financing. While the current market has been challenging for many investors over the past couple years, we are able to help with an increasingly broad spectrum of property types in recent months. Property types that are currently showing the most activity include NNN retail, office, multifamily and more. We look forward to the possibility of assisting you in your commercial loan needs.
