Commercial Loan Direct (CLD) provides apartment loans in Minnesota. Current apartment loan rates in Minnesota range from 4.93% to 12.95%, depending on the loan program.
For more in-depth multifamily interest rates, please visit our Apartment Loan Rates page.
Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial loan rates. Commercial loan rates may change at any time and without notice.
We are proud to be serving the state of Minnesota. Here are our commercial loan statistics for this state.
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Minnesota’s multifamily financing environment is influenced by stable renter demand, a large share of institutional-quality assets in major metros, and lender focus on durable cash flow rather than aggressive projections. Underwriting tends to emphasize operational consistency, expense accuracy, and the long-term resilience of the property’s submarket.
Minnesota execution typically depends on whether the property is stabilized or transitional. Stabilized assets generally qualify for longer terms and better pricing, while transitional deals often require shorter maturities with extension options and a clear path to refinance after stabilization.
Strong execution comes from a lender-ready package that demonstrates income stability and realistic operating assumptions. For value-add deals, lenders expect a clear plan showing scope, budget, timeline, and how improvements translate into higher rents or occupancy.
Minnesota multifamily financing is most competitive for stabilized properties with strong, verifiable cash flow, where agency, bank, and life company lenders often provide attractive long-term options. Transitional properties are financeable but typically require bridge-style structures and a clear path to stabilization and refinance. Aligning the loan product with the asset’s true performance and condition typically results in faster approvals and stronger terms.
Commercial loan direct provides services in the following Minnesota cities. Please note we may be able to provide services in other cities as well by request. Rates are dependent on the market in your locale, feel free to use the provided Minnesota economic reports to get a better understanding of your market.
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What Clients Say About Us
Fernando and Leanne are amazing. I had many small businesses that need refinancing over the years. I have met many Brokers and there is always a catch. ALWAYS!… Use them! Once you do you will work with them forever
- Nirav Patel
If you searching for a great experience Commercial Loan Direct is the place. Leanne took care of me and honestly had the greatest experience. She handled all of my needs in a smooth and timely manner listened and addressed any concerns I had about the process and was very patient. I can be quite a handful at times and Leanne was so professional and kind hearted. I'd 100% recommend this company. Thank you again.
- Vincent Arias
We were in unfamiliar territory when it came to refinancing. Commercial Loan Direct streamlined the whole process for us. Leann connected us with lenders that were the right fit for us. The money and time we saved was so worth it. I highly recommend them
- Rita Pisarski
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