As of October 2024, commercial real estate loan rates for a 5-year fixed mortgage.
As of October 2024, commercial real estate loan rates for a 5-year fixed mortgage are generally in the range of 4.89% to 5.36% depending on loan size and borrower specifics.
The rate tends to be lower for larger loans over $6 million, around 4.89%.
For smaller loans under $6 million, you might see rates closer to 5.36%.
These rates can vary based on factors such as loan-to-value (LTV), property type, and borrower creditworthiness. Additionally, terms like amortization periods (typically up to 30 years) and whether it's a non-recourse or recourse loan can influence the rate you receive.
To get the most accurate and personalized rate, it's always best to consult directly with us.
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