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Updated almost 11 years ago,

User Stats

12
Posts
4
Votes
Mark Dante
  • Germantown, MD
4
Votes |
12
Posts

Commercial RE Loan Terms

Mark Dante
  • Germantown, MD
Posted

I have contacted a bank about a commercial loan but I just wanted to compare it to what some of you guys are seeing.

I'm looking at a strip plaza. LTV would be under 50%. A local bank is telling me 4.5% for 10 years, amortized for 10. Have you seen any banks doing loans for 15 years? How do the rates compare?

Thanks