| commercial mortgage market rates | |||
| index | current rate | last month | last year |
| prime | 3.25% | 3.25% | 3.25% |
| libor (6 month) | 0.42% | 0.46% | 1.51% |
| 5 year treasury | 2.55% | 2.26% | 1.49% |
| 10 year treasury | 3.80% | 3.54% | 2.34% |
| small portfolio ($400,000 to $3mm) | |||
| max LTV | fixed term | loan rate | max amort. |
| 75% purchase 75% refinance cash-out refinance - 70% | floating | 5.65% - 5.83% | 30 |
| 5 year | 5.62% - 5.81% | 30 | |
| 7 year | 6.14% - 6.29% | 30 | |
| 10 year | 6.49% - 6.61% | 30 | |
| 30 year | 8.25% - 8.36% | 30 | |
| large portfolio - non-recourse ($3mm to $20mm+) | |||
| max LTV | fixed term | loan rate | max amort. |
| 75% purchase 75% refinance cash-out refinance - 75% | Floating | 5.55% - 5.73% | 30 |
| 5 year | 5.42% - 5.61% | 30 | |
| 7 year | 5.94% - 6.09% | 30 | |
| 10 year | 6.29% - 6.41% | 30 | |
| 30 year | 8.05% - 8.16% | 30 | |
| special loan products | |||
| program | fixed term | loan rate | max amort. |
| Rehab / Bridge (75% LTC) | 1 year | 7.00% - 9.00% | interest only |
| office / industrial / nnn / retail / storage loans | |||
| $500,000 to $1.5M | |||
| max LTV | fixed term | loan rate | max amort. |
| 75% purchase and refinance | 3 year | 5.45% - 5.95% | 25 |
| 5 year | 6.20% - 6.45% | 25 | |
| 7 year | 6.70% - 6.95% | 25 | |
| $1.5M to $10M+ | |||
| max LTV | fixed term | loan rate | max amort. |
| 75% purchase 75% refinance | 3 year | 5.25% - 5.75% | 25 |
| 5 year | 6.00% - 6.25% | 25 | |
| 7 year | 6.50% - 6.75% | 25 | |
| owner occupied PROPERTIES | |||
| conventional and government programs | |||
| max LTV | fixed term | loan rate | max amort. |
| 90% purchase (SBA) 75% refinance | Floating | 5.75% - 6.00% | 25 |
| 3 year | 6.25% - 6.50% | 25 | |
| 5 year | 6.50% - 6.75% | 25 | |