CURRENT RATES as of 3/2/2022

Below are indicative commercial mortgage rates from UFIG as of 3/2/2022. Our rates have held steady over the last three weeks.

Fixed Rates:

5 yr term 25 yr amort  @ 3.50%

7 yr term 25 yr amort @ 3.68%

10 yr term 25 yr amort @ 3.72%

Floating Rate:

30 day + 2.35% (approximate = 2.60%)

Parameters:

• 90% LTV

• Loan amounts from $500,000 to $50,000,000

• No geographic constraints

• Property types to include: multi-family, retail, office, industrial, flagged hospitality, self storage

• Purchase or Refinance

• Rate Options: fixed, floating, or floating with a swap