Current Rates for All Commercial Real Estate Loans November of 2023: 7.00 - 8.50%
Multifamily
For Purchase, Refinance and Cash Out
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
For Workout and Limited Rehabilitation
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
Office and Retail
For Purchase, Refinance and Cash Out
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
For Workout and Limited Rehabilitation
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
Purchase, Refinance and Major Rehabilitation
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
Industrial – Self Storage – Mixed Use – Single Tenant
For Purchase, Refinance and Cash Out
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
For Workout and Limited Rehabilitation
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
Purchase, Refinance and Major Rehabilitation
Rate depends on market conditions at time of rate lock. Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.
Condos and Scattered Single Family
Fractured Condo, Scattered Single and Multi-Family Portfolios
Pre-Payments: 5 year is 4.5 years yield maint, 10 year is 9.5 years yield maint.
Sell offs: Each property assigned a loan amount and is paid off at 120%. Loans above $5M we can substitute assets to avoid prepays.
For more information on this and other commercial real estate loan programs, call 800-536-3371 ext: 101