What Are the Current Commercial Loan Rates?

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Depending on the loan product commercial mortgage rates can vary between 2.23% and 12% and higher, . Please understand that commercial loan quotes depend on several underwriting factors including the property and borrower location, loan-to-value (LTV), debt service coverage ratio (DSCR), property usage (investment or owner-occupied), property type, and the borrower’s financial strength. The interest rates below should be considered indicative for properties in primary markets with good LTVs and DSCRs, as well as a strong and experienced sponsor. However, because we offer such a diverse portfolio of capital sources with many loan programs, actual interest rates may be higher or lower than what is listed below.