How to find the best interest rates
Just wondering, is there a good search engine for loans on commercial real estate?
[{"id": "coyn11j", "text": "Not that i'm aware of. Your best bet might be a knowledgeable commercial mortgage broker as every deal can be unique so can be your financing options. The mortgage broker is also paid by the bank not the individual seeking the loan. \n\nA good reference for market rate loans is George Smith Parnters FinFacts: http://www.gspartners.com/finfacts-newsletter/\n", "replies": [{"id": "coyuu9a", "text": "In my work, the buyer pays the mortgage broker out of the proceeds from the loan. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "coz7x78", "text": "When I was an appraiser, my company used to quote the ranges from this survey.  Banks don't post interest rates on commercial loans though.  CRE loans are a little too complicated to just post today's rates online.  Every project is different and spreads vary accordingly.\n\nhttp://www.realtyrates.com/matrixg.html ", "replies": [], "depth": 1}, {"id": "cpd4fn5", "text": "In all honestly, Commercial rates will be good if you have the leverage to get a good rate. Be happy getting financing at all. It is very market dependent. If you have a better project and location, you will get a better rate.\n\nOh, and be friends with your bankers in town.", "replies": [], "depth": 1}]