 Commercial Rates: May 2008Tuesday, May 25, 2010 - Article by: LouisJ -
Commercial Rates May 2010Each month I will update the rates for commercial loans. Even though I will list rates here each deal must be quoted individually to determine if they fit the program parameters for the rate quoted. As commercial rates do not change daily like residential mortgage rates, they are still subject to change without notice. For a specific rate quote contact me at financingbroker.com Multifamily 5 units or More Apartment Under 250K Contact for quote 250K to 750K 6.05% 750k to 3MM 5.19% 3MM Plus 5.04% Mixed Use 250k to 8MM 6.75% 250k to 5MM 5.80% (Low LTV high DSCR) Owner Occupied Commercial 250k to 2MM 6.00% (fully amortized over 16 to 25 years) 250k to 2MM 5.75% (fully amortized 7 to 15 years) Bank Bridge Rehab Loan 2MM to 10MM 7.50% Interest Only 12 to 36 months Hard Money Commercial 50k to 100MM 9.00% to 15% Interest only 12 to 36 months Other Programs available: Church Loans, Land Loans, Commercial Construction and Land Development, Small Business Signature Loans, and More For quotes and more details email Louis at financingbroker.com |
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