Commercial Mortgage Rates
Past commercial mortgage rates quoted here are for reference purposes only. Please note that current rates vary widely depending on borrower credit, LTV loan size, property condition, market conditions, and other factors.
rates for 04.21.09
| multi-family commercial mortgage rates |
| small portfolio ( $400,000 to $5mm) |
| max LTV | fixed term | loan rate | max amort. |
| 80% purchase 80% refinance Cash-Out Refinance - 75% |
floating |
4.67% - 4.85% |
30 |
5 year |
5.81% - 6.00% |
30 |
7 year |
5.98% - 6.13% |
30 |
10 year |
5.94% - 6.05% |
30 |
30 year |
7.26% - 7.31% |
30 |
| large portfolio - non-recourse ( $3mm to $20mm) |
| max LTV | fixed term | loan rate | max amort. |
80% purchase 80% refinance Cash-Out Refinance - 75% |
Floating |
4.67% - 4.85% |
30 |
5 year |
5.62% - 5.81% |
30 |
7 year |
5.84% - 5.98% |
30 |
10 year |
5.82% - 5.94% |
30 |
30 year |
7.26% - 7.31% |
30 |
| special loan products |
| program | fixed term | loan rate | max amort. |
Rehab / Bridge (75% LTC) |
1 year |
6.00% - 8.00% |
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 |
5.27% - 5.53% |
30 |
5 year |
6.14% - 6.40% |
30 |
7 year |
6.68% - 6.94% |
30 |
| $1.5M to $10M+ |
| max LTV | fixed term | loan rate | max amort. |
75% purchase 75% refinance |
3 year |
5.20% - 5.41% |
30 |
5 year |
6.10% - 6.31% |
30 |
7 year |
6.58% - 6.91% |
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 |
5.50% - 6.00% |
30 |
3 year |
6.00% - 6.25% |
30 |
5 year |
6.00% - 6.48% |
30 |
10 year |
6.75% - 7.25% |
30 |
| commercial mortgage market rates |
| index | current rate | last month | last year |
prime |
3.25% |
3.25% |
5.25% |
libor (6 month) |
1.64% |
1.76% |
3.02% |
5 year treasury |
1.80% |
1.66% |
2.95% |
10 year treasury |
2.84% |
2.64% |
3.74% |
Interest rates quoted here are for informational purposes only and change frequently. Please note that rates for commercial mortgages vary widely depending on borrower credit, LTV loan size, property condition, market conditions, and other factors. To receive the most up-to-date rates, please submit your secure loan request.
