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Commercial Mortgage Rates
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Th Commercial Lending Group offers commercial mortgage interest
rates on a variety of investment grade property. Below are interest mortgage rates, offering the prime rate, current mortgage
rates, mortgage rates, bank rates, and interest prime rates nationwide.
Minimum loan size of $50,000 ($250,000 for lines of credit)
No Maximum loan amounts
-April
2004
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Loan Amounts: $1 Million to $75 Million |
|
Property Type |
Fixed % Rate |
Min. - Max. |
Max / Min |
Loan Term |
Amortization |
|
(Nationwide + Canada) |
10yr Treasury + Spread |
BPS Spread |
LTV / DSCR |
(Years) |
(Years) | |
| Owner-User Properties: |
4.50% - 5.82% |
Fixed & Adjust. |
90 % / 1.25 |
10, 15, 25 |
15 , 25 |
| Apartment / Multifamily: |
4.95% - 6.85% |
105 - 295 |
85 % / 1.20 |
10, 15, 35 |
30 , 35 |
| Healthcare / Senior Housing: |
5.60% - 7.25% |
170 - 335 |
85 % / 1.20 |
10 , 35 |
30 , 35 |
| Condominium Conversions: |
6.09% - 7.34% Adj. |
LIBOR |
80 % / 1.25 |
3, 10 |
% Only, 30 |
| Retail: Anchored: |
5.15% - 6.30% |
125 - 240 |
80 % / 1.25 |
10 , 15 |
25 , 30 |
| Retail: Unanchored: |
6.15% - 7.40% |
225 - 350 |
75 % / 1.30 |
10 , 15 |
25 , 30 |
| Mobile Home Park: |
5.00% - 6.85% |
110 - 295 |
80 % / 1.20 |
10 , 15 |
25 , 30 |
| Office / Medical Bldg.: |
5.25% - 5.85% |
135 - 195 |
75 % / 1.30 |
10 , 15 |
25 , 30 |
| Industrial / Warehouse: |
5.25% - 5.70% |
135 - 180 |
75 % / 1.25 |
10 , 15 |
25 , 30 |
| Self - Storage: |
5.65% - 6.05% |
175 - 215 |
75 % / 1.30 |
10 , 15 |
25 , 30 |
| Gas Station / C-Store: |
6.10% - 6.85% |
220 - 295 |
75 % / 1.45 |
20 , 25 |
20 , 25 |
| Mixed-Used / Special Purpose: |
6.35% - 7.30% |
245 - 340 |
75 % / 1.35 |
15 , 20 |
15 , 20 |
| Single Tenant,"NNN" |
5.20% - 6.25% |
130 - 235 |
80 % / 1.25 |
10, 15, 25 |
10, 15, 25 |
| Hotel / Motel (full & limited): |
5.80% - 7.15% |
190 - 325 |
75 % / 1.50 |
10 , 25 |
20 , 25 |
| Golf Course / Resort / Gaming: |
6.55% - 7.30% |
265 - 340 |
65 % / 1.50 |
7 , 10 |
20 , 25 |
| Outlet Mall (Indoor & Outdoor): |
5.65% - 7.30% |
175 - 340 |
70 % / 1.40 |
10 , 20 |
20 , 25 |
| Church / Synagogue: |
5.63% - 7.08% |
Fixed % Adjust. |
75 % / 1.25 |
10 , 15 |
15 , 25 |
| Land - Raw & Improved: |
11.50% - 14.00% |
Interest Only |
65 % / N/A |
2, 3, 15 |
% Only, 15 |
| Construction Loans: |
4.25% - 5.63% Adj. |
Prime / LIBOR |
90 % / 1.25 |
2, 3, |
% Only |
| Bridge/Mezzanine Loans: |
9.00% / 13.00% Adj. |
Prime / LIBOR |
92 % / 1.25 |
3, 5, |
% Only, 10 | | |
| The range of pricing is subjective
to the relationship between DSCR, LTV, quality of real estate, & credit strength of the deal. Rate & terms are subject
to change without notice. |
On this page we will list all of the products we offer as part of our main product line. Please check in often because we
will frequently update the product pages with new items.
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