Current Commercial Loan Interest Rates
Stay informed with the latest benchmark rates and typical ranges for various commercial loan programs. These rates are dynamic and subject to change based on market conditions, borrower creditworthiness, and specific loan terms.
| Loan Program / Index | Rate/Range (Avg. Est.) | Notes |
|---|---|---|
| Prime Rate | --% | Benchmark rate for many variable-rate loans, often tied to the Federal Funds Rate. Published by sources like The Wall Street Journal. |
| SOFR (Secured Overnight Financing Rate) | --% | Primary replacement for LIBOR, published daily by the Federal Reserve Bank of New York. Used for floating-rate commercial loans. |
| SBA 7(a) Loans | --% to --% | Rates are capped and tied to the Prime Rate plus a spread, varying by loan size and term. Example: (>$350K variable: Prime + up to 3%) |
| SBA 504 Loans | --% to --% | Interest rates are tied to the 10-year U.S. Treasury note and generally include additional fees. |
| Freddie Mac Multifamily (Optigo®) | --% to --% | Common for apartments; competitive rates often based on index + spread. Varies by loan size ($6M+ vs. <$6M), term, and LTV. |
| Fannie Mae Multifamily (DUS®) | --% to --% | Another leading option for apartment financing; competitive rates, fixed and variable options available. |
| CMBS Loans | --% to --% | Commercial Mortgage-Backed Securities loans. Generally fixed rates, often tied to a Treasury index plus a spread. |
| Regional Banks/Credit Unions | --% to --% | Rates vary widely based on lender, property type, borrower strength, and local market conditions. |
| Life Insurance Companies | --% to --% | Typically offer very competitive fixed rates for stable, high-quality assets. |
| Debt Funds / Private Lenders | --% to --% | Often provide bridge or construction loans, sometimes at higher rates but with more flexibility and speed. |
⚠ Important Disclaimer:
The rates displayed here are for **illustrative purposes only** and are based on publicly available information as of **May 2025**. They are **NOT live, real-time, or legally binding financial rates** and should not be used for making financial decisions. Commercial loan interest rates are highly dynamic and subject to frequent change. Actual rates will vary significantly based on numerous factors including, but not limited to, prevailing market conditions, the borrower's creditworthiness, the property's financial performance, loan-to-value (LTV), debt service coverage ratio (DSCR), loan term, property type, and specific lender criteria.
For the most accurate and current rates applicable to your specific commercial loan needs, **you must consult directly with a qualified lender or financial advisor.**
