Commercial Real Estate Financing in Idaho

Commercial Loan Direct (CLD) provides commercial real estate loans in the state of Idaho. Current commercial loan rates in Idaho range from 5% to 12.95%, depending on the loan program. CLD is a national commercial mortgage banker offering aggressively priced programs and superb service. CLD originates loans for its parent company CLD Financial which provides a wide variety of lending vehicles. Our company is currently targeting owner occupied and investment properties over $1 Million in the state of ID.

Idaho Commercial Loan Rates

Loan Types Rates LTV Loan Amount Occupancy
Conventional 5% - 8.95% 80% $1,000,000+ Investment + Owner Occupied
Conduit / CMBS 5.9% - 7.86% 75% $2,000,000+ Investment
Insurance 5.3% - 8.68% 75% $5,000,000+ Investment + Owner Occupied
FHA / HUD 4.94% - 6.29% 83.3% $5,000,000+ Investment
USDA 5.45% - 9.8% 85% $1,000,000+ Investment + Owner Occupied
Bridge 5.95% - 12.95% 80% $1,500,000+ Investment
Construction 5.7% - 8.95% 83.3% $1,000,000+ Investment
SBA 5.45% - 8.95% 85% - 90% $1,000,000+ Owner Occupied

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.

Types of Commercial Loans in Idaho

Investment Property Mortgages

The types of mortgages available for these types of properties are Conventional, CMBS / Conduit, Insurance, and Agency (FHA / HUD and USDA) products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to reposition, stabilize or construct buildings. Commercial real estate investment properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospitals), hospitality, (hotel, motel, resort), and mixed use.

Owner Occupied Commercial Mortgages

Owner-Occupied commercial real estate properties in which the owner occupies at least 50% of the premises and can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospital), hospitality (hotel, motel, resort), mixed use, or any other type of commercial property. The types of mortgages available for owner-occupied buildings include Conventional, Insurance, and Agency programs including FHA / HUD, SBA, and USDA. Construction mortgages are also available on a case-by-case basis in order to develop or reposition a property for the owner's use.

Commercial loan landscape in Idaho (high-level snapshot)

Idaho’s commercial lending market is active but disciplined. Lenders remain attracted to population growth, in-migration, and business expansion, but underwriting has tightened from peak-cycle levels. Credit decisions emphasize cash-flow durability, realistic leverage, and defensible exit assumptions rather than pure growth narratives.

What lenders are most comfortable financing

Owner-occupied properties are among the most lender-friendly transactions in Idaho, especially when backed by established local businesses with documented operating history.

Industrial and flex properties tied to manufacturing, distribution, and regional supply chains tend to underwrite well, particularly in Boise and along major transportation corridors.

Stabilized multifamily can still obtain financing when occupancy and collections are solid, though lenders closely review recent rent growth and operating expenses.

Service-based and necessity retail (medical, grocery-adjacent, local services) remains financeable when tenant quality and lease durability are strong.

Where underwriting gets tougher

Office properties face increased scrutiny, especially suburban and older product with limited tenant depth.

Value-add and transitional deals require more equity and clearer stabilization plans, as lenders discount aggressive rent growth assumptions.

Speculative development is generally difficult to finance without significant pre-leasing or strong borrower equity.

Market-by-market dynamics (how lenders tend to think)

Boise Metro: The most lender-active and competitive market, with strong appetite for industrial, owner-occupied, and stabilized multifamily assets.

Secondary cities (Idaho Falls, Twin Falls, Coeur d’Alene): Financing is available but more conservative, with lenders emphasizing sponsor strength and local demand.

Rural markets: Credit becomes relationship-driven, with lower leverage and a focus on essential-use properties.

Who is lending in Idaho (and what that means for terms)

Community and regional banks dominate the market, with approvals strongly influenced by borrower relationships and local knowledge.

Credit unions can be competitive for owner-occupied and smaller-balance loans.

National and institutional lenders participate selectively, usually for larger, stabilized assets in primary markets.

Key underwriting themes unique to Idaho

Expense realism is closely reviewed, particularly utilities, insurance, and maintenance.

Market liquidity is stressed in exit scenarios, especially outside Boise.

Sponsor experience and post-close liquidity play a major role in credit decisions.

What “good” looks like to an Idaho lender right now

A strong Idaho loan request typically includes conservative leverage, stable historical NOI, strong guarantors, and a straightforward business plan.

Deals relying on aggressive rent growth or rapid repositioning tend to struggle.

Bottom line

Idaho is a capital-available but underwriting-driven lending market. Owner-occupied, industrial, and essential-use properties offer the clearest paths to financing, while office and speculative projects face tighter terms.

Locations Served in Idaho

We are proud to be serving the state of Idaho. Here are our commercial loan statistics for this state.

Idaho Cities and Towns Served

33

Lending Cities

Commercial loan direct provides services in the following Idaho 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 Idaho economic reports to get a better understanding of your market.

  • Aberdeen
  • Ada County
  • Adams County
  • American Falls
  • Ammon
  • Arco
  • Ashton
  • Bannock County
  • Bear Lake County
  • Bellevue
  • Benewah County
  • Bingham County
  • Blackfoot
  • Blaine County
  • Boise
  • Boise County
  • Bonner County
  • Bonners Ferry
  • Bonneville County
  • Boundary County
  • Buhl
  • Burley
  • Butte County
  • Caldwell
  • Camas County
  • Canyon County
  • Caribou County
  • Cascade
  • Cassia County
  • Challis
  • Chubbuck
  • Clark County
  • Clearwater County
  • Coeur d'Alene
  • Council
  • Custer County
  • Dalton Gardens
  • Driggs
  • Dubois
  • Eagle
  • Elmore County
  • Emmett
  • Fairfield
  • Filer
  • Fort Hall
  • Franklin County
  • Fremont County
  • Fruitland
  • Garden City
  • Gem County
  • Glenns Ferry
  • Gooding
  • Gooding County
  • Grangeville
  • Hailey
  • Hansen
  • Hayden
  • Heyburn
  • Hidden Spring
  • Homedale
  • Idaho City
  • Idaho County
  • Idaho Falls
  • Iona
  • Jefferson County
  • Jerome
  • Jerome County
  • Kamiah
  • Kellogg
  • Ketchum
  • Kimberly
  • Kootenai County
  • Kuna
  • Lapwai
  • Latah County
  • Lemhi County
  • Lewis County
  • Lewiston
  • Lewiston Orchards
  • Lincoln
  • Lincoln County
  • Madison County
  • Malad City
  • Marsing
  • McCall
  • Meridian
  • Middleton
  • Minidoka County
  • Montpelier
  • Moreland
  • Moscow
  • Mountain Home
  • Murphy
  • Nampa
  • New Plymouth
  • Nez Perce County
  • Nezperce
  • Oneida County
  • Orofino
  • Osburn
  • Owyhee County
  • Paris
  • Parma
  • Paul
  • Payette
  • Payette County
  • Pinehurst
  • Plummer
  • Pocatello
  • Ponderay
  • Post Falls
  • Power County
  • Preston
  • Priest River
  • Rathdrum
  • Rexburg
  • Rigby
  • Rupert
  • Saint Anthony
  • Saint Maries
  • Salmon
  • Sandpoint
  • Shelley
  • Shoshone
  • Shoshone County
  • Soda Springs
  • Spirit Lake
  • Star
  • Sugar City
  • Sun Valley
  • Teton County
  • Twin Falls
  • Twin Falls County
  • Tyhee
  • Ucon
  • Valley County
  • Victor
  • Wallace
  • Washington County
  • Weiser
  • Wendell
  • Wilder

Commercial Loan FAQs in Idaho

Commercial interest rates in Idaho vary based on loan type, property type, loan-to-value, debt service coverage ratio, borrower strength, and market conditions. They range from approximately 5% to 12.95%.

Borrowers in Idaho can access Conventional, CMBS/Conduit, Insurance, FHA/HUD, USDA, Bridge, Construction, and SBA financing based on property type, leverage, and occupancy.

Commercial loan rates in Idaho depend on loan type, property cash flow, debt service coverage ratio, loan-to-value, borrower strength, and market conditions.

Yes. Owner-occupied financing is available in Idaho, including Conventional, Insurance, SBA, USDA, and selected agency programs when eligibility requirements are met.

Yes. Refinance options in Idaho include rate-and-term and cash-out structures, subject to underwriting, property performance, and lender program guidelines.

Get A Free Quote

Get a free commercial loan quote. This process does not affect your credit score.

Please put your first name here.
Please put your last name here.
Please put your email here.
Please put your phone number here.
Please select a property type.

Was this page helpful?

What Clients Say About Us

Our Reviews

Unfiltered Reviews
Fernando and Leanne are Amazing

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

She Took Care of All My Needs

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

Commercial Loan Direct Streamlined the Whole Process

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