Get a New Low Rate Solution for Your Commercial Loan

By: Zack North

Commercial lenders often talk about how the best loan option for a prospective borrower is the one that puts them in the best position to achieve their financial goals.

But let’s be clear – the interest rate you can lock in for your commercial mortgage is always going to be an important factor as you choose between competing lenders.

That’s why the new, lower rates from Commercial Direct, a division of Silver Hill Funding, LCC, are such a big deal – especially if you’re currently have difficulty working with banks.

Now you can borrow up to $2 million, get the flexibility you expect from a non-bank lender, and pay an interest rate as low as 6.375%.

Flexibility meets affordability

If you’ve been shopping for the best mortgage financing solution, you know that banks will offer the lowest rates.

But you may also know by now that their loan programs are the most restrictive.  If you want to refinance and take a significant amount of cash out of your property, or if you have a pressing need for a quick closing, there is a good chance you will experience difficulty working with traditional banks.

The problem for borrowers who don’t fit bank guidelines is that the alternatives can get pricey.

Hard money lenders, for example, typically offer interest rates in the teens.  So while their solutions can be a perfect fit for those with significant credit issues, the cost each month can be prohibitive for business owners and investors.

It might be a fair trade-off for borrowers with no other options, but what about those who fall just shy of bank eligibility? They need a loan program that bridges the gap between the two extremes.

Thanks to Commercial Direct’s new low rates, you can get the best of both worlds.  Refinance and get the cash-out you need to make needed property improvements. Purchase the office space you’ve been leasing as soon as the opportunity presents itself.

Now you can accomplish these and other goals while paying a lower monthly fee than you may have thought possible.

Program breakdown:

Is our program is a good fit for your needs?  See below:

Loan Amounts $250k to $2 million
Rates As low as 6.375%
Min FICO Score 700
Terms 5, 7-year hybrid / 10-year fixed
Max Loan-to-Value 80%
Amortization Up to 30 years
Documentation Full doc or bank statement
Prepayment 5% for 5 years, 5% for 3 years, Declining (5, 4, 3, 2, 1)
Occupancy Investor and owner-occupied
Purpose Purchase, refinance, cash-out
Property Types All eligible properties


If you think we could help you with a purchase or refinance, get in touch with us today.

When is Commercial Direct a good fit?

Our loan programs are designed to meet a wide range of needs investors and business owners face.  A few of the most common are listed here:

  • Your loan request has been turned down by a bank
  • Your existing loan is maturing and you need a refinance solution fast
  • You currently have a short-term bridge loan and you’re looking to refinance with a more permanent solution
  • You want to tap into the equity you have in your commercial property through a cash-out refinance
  • Your tax returns do not accurately portray the current success of your business
  • You recently purchased a commercial property and now you’d like to refinance the mortgage

If one of these points describes you, then now is a great time to reach out to a Commercial Direct loan officer.  They can give you more information about our programs and help you find a solution that best suits your unique set of needs.

Ready to get started?  Simply tell us a little about your loan request right here.

Author: Zack North

Zack North is the Director of Marketing for Commercial Direct.  As a regular contributor to a number of top industry publications, Zack enjoys writing about topics that help investors and business owners approach commercial mortgage financing with confidence.

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