PASSYCAPITAL

Commercial Real Estate Loan Rates Today

Current rate ranges across all our loan products. Updated monthly based on actual deals we place with lenders in our network.

Updated April 2026

Loan TypeRate RangeTermMax Leverage

Bridge Loans

Short-term, interest-only. Close in 7-10 days.

812%12-24 months70% LTV

Construction / Development

Ground-up and heavy rehab. Funded in draws.

912%12-24 months85% LTC

Renovation / Rehab

Up to 100% of rehab costs financed.

912%12 months90% LTC

Fix & Flip

Interest-only, no prepayment penalty.

912%12 months95% LTC

DSCR / Rental

Qualify on property cash flow, no income verification.

811%12-24 months75% LTV

Rates shown are typical market ranges. Actual rate depends on your specific deal, property, and borrower profile. All loans are interest-only.

What Affects Your Rate

Six factors that determine where your specific deal falls within the rate range.

Credit Score

660+ minimum, 720+ best rates

LTV / LTC Ratio

Lower leverage = better rates (-0.25 to -1%)

Property Type

Multifamily best, hospitality highest

Borrower Experience

Repeat borrowers save -0.5 to -1%

Loan Size

$5M+ deals get slightly better rates

Exit Strategy

Clear refinance path = lower rate

Current Market Context

The commercial real estate lending market in 2026 is shaped by Federal Reserve policy, inflation expectations, and the broader credit environment. Bridge and construction lenders typically price loans at 5-7% above the 1-year Treasury, while DSCR rates follow longer-term Treasury yields more closely.

Compared to bank lending (typically 6-8% for stabilized properties), private bridge and construction lenders charge a premium for speed, flexibility, and willingness to fund value-add and transitional assets. Most borrowers use bridge debt for 12-24 months, then refinance into cheaper permanent financing once the property is stabilized.

Hard money lenders price even higher (10-15%) due to higher risk tolerance and faster execution. Our broker network sits in between: we place deals with institutional private lenders who balance speed with competitive pricing in the 8-12% range.

Get a Real Quote

These are typical ranges. Your actual rate depends on your deal. Submit your deal and we will respond within 24 hours with real numbers.

Frequently Asked Questions

How often do CRE loan rates change?

Bridge and construction loan rates are tied to short-term capital costs and can move weekly, but most lenders update their rate sheets monthly. DSCR rates tend to be more stable. We update this page monthly to reflect the current market.

Why are bridge loan rates higher than bank rates?

Bridge lenders take on more risk: they fund quickly (7-10 days vs 60-90 days for banks), accept properties that don't yet qualify for permanent financing, and require less documentation. Higher risk and faster execution = higher rates. Most borrowers refinance into cheaper bank debt within 12-24 months.

What gets me the lowest rate?

Lower LTV/LTC, higher credit score (720+), repeat borrower history, larger loan size ($5M+), and stronger property type (multifamily and industrial typically beat retail and hospitality). Each factor can shave 0.25-1% off your rate.

Are these rates guaranteed?

No. These are typical market ranges based on current conditions. Your actual rate depends on your specific deal — property type, location, leverage, borrower profile, and exit strategy. Submit your deal to get a real quote within 24 hours.

Do you offer rate locks?

Most bridge and construction lenders rate-lock at term sheet stage, typically for 30-60 days. Rate locks give you certainty during due diligence and closing. We negotiate locks on every deal we place.