SBA 504 Rates – May 2018

504 Loan Rates [May 2018]

First Mortgage Rates: Currently range from low 4% range to as much as 6.5% depending on loan size, term, property type and strength of transaction and are typically amortized for 20 to 25 years and in some cases as long as 30 years.

The 5 year fixed rate with a 25 year amortization is a popular product. After the initial 5 years the loan could adjust as frequently as monthly or as infrequently as every 5 years depending on the lender.

May 2018 504 Mortgage Rate: 5.21%* – fixed for 20 years. (A 25 year fixed rate will be available later in 2018).

SBA 504 Loan Program Information
The combination of the 2 loans and the fact that the second mortgage is always permanently fixed make for very attractive 504 loan terms.

SBA 504 Equipment Loans are typically 10 years and can be anywhere from .25 to 1.5% lower than commercial real estate transactions.

SBA 504 Refinance Rates may be slightly higher and “multi-purpose” property rates are typically lower than single or special use properties like hotels or self storage properties.

504 Rate History

20-year effective rates below include fees to CDC, SBA and central serving agent based on debenture pricing published by NADCO.

2018

Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
4.64% 4.94% 4.92% 5.024% 5.214%

2017

Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
4.58% 4.60% 4.83% 4.62% 4.66% 4.59% 4.76% 4.53% 4.37% 4.57% 4.51% 4.50%

2016

Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
4.82% 4.31% 4.54% 4.30% 4.31% 4.22% 4.08% 4.09% 4.08% 3.99% 4.35% 4.59%

2015

Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
4.59% 4.53% 4.79% 4.58% 4.84% 5.05% 4.95% 4.89% 4.89% 4.76% 4.74% 4.86%

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