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Rates & Programs

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What We Fund

Modern Financial sources the right lender for your deal.

Acquisitions

Take a minute to send us a quick app and get vetted loan offers in a couple of days.

Rehab / Value Add

Get the capital you need for light or heavy rehab and value-add projects on your property.

New Construction

We have numerous capital providers ready to lend on your ground-up construction and development projects.

Refinance

Need cash out, or just a rate/term refi? Our lender network will ensure the best terms available.

Asset Classes

A lending network for residential, commercial, equipment, and business.

ResidentialMulti-familyRetailHospitalityIndustrialEquipment
Our Lending Network

Nine programs, one submission.

Indicative ranges by capital source, updated 20 August 2026. Your actual terms depend on the asset, the sponsor, and the business plan.

Prime Rate6.75%
30-Day SOFR3.64%
5-Yr Treasury4.35%
10-Yr Treasury4.65%

Benchmarks as of 20 August 2026. Nearly every programme below prices as a spread over one of these, so when they move, quoted rates move with them.

Banks

Banks may not always be the most aggressive on terms, but they can deliver for cash-flowing properties and construction loans to very strong borrowers.

Loan Amount$500K – $5M+
Typical Term5, 7, or 10 yrs
Interest Rates5.55% – 8.90%
Non-RecourseAvailable

Credit Unions

Credit unions definitely deliver on both rates and aggressive terms, especially if the asset is local to their backyard.

Loan Amount$250K – $5M+
Typical Term5, 7, or 10 yrs
Interest Rates5.55% – 8.90%
Non-RecourseNo

Fannie Mae

A government-sponsored entity supplying multifamily loans through various lending programs. One of the most popular is the Small Loans program, for loans up to $5 million.

Loan Amount$750K – $100M+
Typical Term5 – 30 yrs
Interest Rates5.65% – 6.45%
Non-RecourseYes

Freddie Mac

A government-sponsored entity supplying multifamily loans through multiple programs, including the Small Balance program for 5–50 unit communities up to $7.5 million.

Loan Amount$1M – $100M+
Typical Term5–10 yrs fixed,
to 20 yrs floating
Interest Rates5.65% – 6.45%
Non-RecourseYes

FHA / HUD Multifamily

HUD’s multifamily programs have historically been difficult to obtain due to heavy paperwork, approvals, and long time-to-funding, but they represent an extremely stable long-term option.

Loan Amount$500K – $5M+
Typical Term30 – 35 yrs
Interest Rates5.50% – 6.30%
plus MIP
Non-RecourseYes

CMBS

CMBS lending is typically a fit for loans of $3 million or greater, on stabilised office, industrial, retail, hospitality, or multifamily assets.

Loan Amount$1M – $100M+
Typical Term5 – 10 yrs
Interest Rates6.35% – 8.15%
Non-RecourseYes

Private / Hard Money Lenders

Lenders holding loans on their own balance sheet are typically the most flexible. Those selling to a secondary market of hedge funds follow stricter underwriting rules, with little room for exceptions.

Loan Amount$1M – $100M+
Typical Term1 – 3 yrs
Interest Rates7.95% – 12.75%
Non-RecourseAvailable

Life Insurance CRE Loans

Life company loans are coveted for their long-term, low fixed rates. These lenders prioritise very stable property loans from extremely experienced, reliable borrowers.

Loan Amount$2M – $100M+
Typical Term5 – 15 yrs
Interest Rates5.85% – 8.90%
Non-RecourseYes

SBA Real Estate Loans

SBA lenders are typically banks, but can be non-banks too. Each has a different sweet spot on business type and loan size. Rates and costs are among the lowest available, though closing can take one to two months.

Loan Amount$250K – $14M
Typical Term5 – 25 yrs
Interest Rates5.75% – 8.75%
Non-RecourseNo

Indicative ranges, updated 20 August 2026. Compiled from current published market surveys, not from Modern Financial’s own rate sheet — Azeem or Paul should confirm these against live lender pricing before this page goes public. Set a refresh cadence (monthly is typical) so the date stamp above stays honest.

Indicative only. Not a commitment to lend or extend credit. All loans subject to credit approval.

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