Dec 26 2017

Commercial Mortgage Rates – Commercial Real Estate Lender #federal #mortgage #relief

#commercial mortgage rates


Welcome to Select Commercial Funding LLC

We provide commercial mortgages, apartment building loans, investment property loans and business real estate loans. We act as your professional loan advisor to help find the optimal mortgage financing solutions for you by offering personalized service and custom tailored loan programs to suit your individual needs.

About Us

To learn more about Select Commercial, click on one of the three links below:

  • Our Services
      We provide great rates on apartment building mortgages, commercial mortgage loans and business real estate financing for each deal and every client.
  • Our Advantages
      We analyze the borrower’s commercial real estate loan or apartment financing requirements to determine the best and optimal solution going forward.
  • Our President
      Stephen A. Sobin is the President and Founder of Select Commercial Funding LLC.


To learn more about our commercial property loan, multifamily loan, business real estate financing and investment property loan products, click on one of the three links below:

  • Apartment Building Loans
    • Rates start as low as 3.25% (as of 9/7/16)
  • Commercial Mortgage Loans
    • Rates start as low as 3.63% (as of 9/7/16)
  • Business Real Estate Loans
    • Rates start as low as 3.63% (as of 9/7/16)
  • Investment Property Loans
    • Rates start as low as 3.25% (as of 9/7/16)

Free Loan Request

We provide free multi-family loan, commercial mortgage loan and business mortgage quotes within 24 hours with NO cost, NO obligation, and NO upfront application fees.

Recent Approvals & Closings

Here are a few of our recent apartment building loans, commercial mortgages and business real estate loans. Click on any of them or the button below to see more.

Tools & Info

Below you will find tools and helpful information:

  • Commercial Mortgage Calculator
    • Use our commercial mortgage calculator to calculate the monthly payment on a commercial mortgage loan.
  • Commercial Mortgage Rates
    • See our commercial mortgage rates and commercial loan products.
  • Media
    • Read articles we’ve written for major publications.
  • Testimonials
    • See what our customers have to say about us.


Q: This is a huge investment/transaction for me and I’m hesitant using a company that I found online. While your company looks reputable, how can I be sure that you are capable and knowledgeable enough to take care of me?

A: That’s an excellent question. As with all online transactions, you should be alert and research the company carefully. It is important to verify that the company you do business with has a proven track record and is an accredited business with the Better Business Bureau. Be wary of companies that charge upfront fees before approving your commercial mortgage loan.

Contact Us

If you would like to get started with an application please Click Here.
If you have any questions, please click Contact Us or call us at 877-548-9454.

I was searching on the internet for commercial mortgage rates and came across Your site answered all of my questions concerning commercial mortgage lending. I had visited other commercial mortgage sites, but they weren’t user friendly or informative. I needed apartment building financing and learned that this was one of your specialties. After speaking with Stephen Sobin, I decided to use Select Commercial and I’m glad I did. Your rates and service were great. Thanks!
Donald M. New York City

Commercial Mortgage Rates

Current commercial mortgage rates are at historic lows. Our rates are extremely attractive, and we offer 24 hour approvals with NO COST and NO OBLIGATION. If you are looking to finance a commercial property, we can help. Click for a FREE QUOTE now!

Apartment Building Loans

As of 9/7/16, current rates start at

  • Credit tenants such as Walgreen s, CVS, AutoZone, Panera Bread, etc.
  • Up to 75% LTV for purchases and refinances
  • Cash out available
  • Low step-down prepayment penalties
  • Loan terms up to remaining lease term

Apartment Building Mortgage Rates

Apartment building loan rates are among the best in the commercial mortgage industry. When lenders set the rates for these types of loans, they are encouraged by the short and long term prospects of the rental housing markets. Due to the lower risk of apartment buildings as an investment class, the rates are very low right now. Of course, the type of loan is only one factor when it comes to determining risk. The borrower’s credit worthiness, property location and property condition and many other factors are analyzed. For more information on what commercial mortgage lenders look for in determining the rate you receive, please see our blog article How to Qualify for the Best Commercial Mortgage Rate.

Rates updated 9/7/16

Fannie Mae Small

  • Loan amounts from $3 million and up
  • Loans available for apartment buildings, cooperatives, affordable housing, student housing, senior housing, and manufactured home communities
  • Loan to value ratios up to 80% on purchases and 75% on refinances
  • Cash out refinances are acceptable
  • Pricing based on loan-to-value and debt service coverage ratio:
    • Tier 2 – 75-80%/1.25x
    • Tier 3 – 65%/1.35x
    • Tier 4 – 55%/1.55x
  • Interest only loans are available
  • Step down and yield maintenance prepayment penalties
  • Nonrecourse loans are available
  • Principal borrower must meet credit, net worth, liquidity and experience requirements

Freddie Mac Small

  • 5 year fixed rate period may be followed by a 15 year floating rate period
  • 7 year fixed rate period may be followed by a 13 year floating rate period
  • 10 year fixed rate period may be followed by a 10 year floating rate period
  • Interest only is available
  • Step-down prepayment penalties
  • Free rate locks for up to 90 days
  • Pricing is based on LTV and DSC ratios
  • Floating rate periods subject to annual and lifetime caps
  • Up to 75% LTV for purchases and refinances
  • Cash out available
  • Low step-down prepayment penalties
  • Fixed rates for 5, 7, or 10 years followed by adjustable rate options
  • Adjustable options are subject to annual and lifetime caps
  • Recourse is typically required
  • 60 day rate locks
  • Up to 50% commercial income is acceptable

CMBS Loans From $2,000,000+

  • Loan amounts from $2 million and up
  • Loans available for apartment buildings, retail shopping centers, office buildings, warehouses and hospitality
  • Loan to value ratios up to 75% on purchases and refinances
  • Cash out refinances are acceptable
  • Interest only loans are available
  • Loans are non-recourse

Call for more information

Business Real Estate Rates

Business mortgage rates for loans secured by a self-employed realestate owner s remain low for many types of properties, including: hotels and motels, gas stations, convenience stores, laundromats, doctor’s and dentist’s offices, other professional offices, warehouses, industrial facilities, auto repair, retail stores, self-storage, day care, liquor stores, assisted living facilities, etc. Most of these property types will qualify for loans up to 90% LTV with very attractive business mortgage rates. Physicians, dentists, veterinarians, and other medical professionals may qualify for up to 100% financing for their medical practices, including working capital. Like other types of commercial mortgage loans, the borrower s credit worthiness and property details will determine the rate and terms of the loan.

Rates updated 9/7/16

Owner Occupied Commercial Properties

Written by CREDIT

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