Commrcial loan rates ... ?

I’m curious as to what the interest rate is for commercial loans are right now. I’ll give an example of a property and a few variables to work with but I’m just looking for a ballpark number.

Price: $180,000
LTV: 20%
FICO score of buyer: 750
NOI: $21000

I’m looking at a multi-family 4 unit

4-plexes are residential, not commercial…!


If they consider them a commercial, you need to deal with a better bank…they’ll charge you higher rates, over a shorter amortization period. and higher fees…with no real value added.


Residential, Go to your local bank!

You could do this as a residential loan with a much better LTV. Especially if you will be living in the property.