About Commercial Construction Loan Rates
By Terry Painter, Mortgage Banker
Member of the Forbes Real Estate Council
Author: The Encyclopedia of Commercial Real Estate Advice – a WILEY book – OUT NOW!
Commercial Construction Loan Rates vary from around 4.00% to 12.00% based on the lender's cost of funds. Also the experience, credit and financial strength of the developer and key principals on the project are a factor. Many commercial banks borrow the funds from other banking institutions over night on the Federal Funds Rate: https://en.wikipedia.org/... more