Mortgage rate

Interest rates on commercial property loans will generally be priced based upon the risk assessed by the lender. Your best bet is to locate a local commercial lender. You can try the Scotsman Guide, at www.scotsmanguide.com/ to find one. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Beware of anyone quoting an interest rate on a commercial property without fully reviewing the complete loan profile. In general, commercial loan look at the level of risk associated with that particular property loan.. if you have a convenience store right on the beach in San Diego, you will get much more favorable loan terms if it's in a high crime area, poor neighborhood or industrial area. The only way anyone can be accurate is to contact a commercial lender and apply with them... as Bert said, the best source is Scotsman Guide. WilliamAcres.com

With all due respect toward the Scotsman Guide's advertisers, there will be better terms available to your from a local bank such as Compass, Bank of Texas, or First United. I would check there first, and then look into alternative lenders advertising in the Scotsman Guide if you're not able to secure acceptable financing. Best of luck!