Commercial Loan Direct (CLD) provides commercial real estate loans in the state of Montana. Current commercial loan rates in Montana 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 MT.
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.
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 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.
Montana’s commercial lending market is small, conservative, and relationship-driven. Capital is available primarily through community and regional banks, but underwriting emphasizes cash-flow stability, borrower experience, and market liquidity. Lenders favor straightforward, well-supported deals tied to essential local demand rather than speculative growth strategies.
Owner-occupied properties are among the most lender-friendly transactions in Montana, particularly when backed by established local businesses with consistent operating history.
Essential-use properties such as medical offices, grocery-anchored retail, and professional services tend to underwrite well due to stable demand.
Industrial, warehouse, and light manufacturing assets tied to regional supply chains and agriculture can finance when tenancy and operations are stable.
Stabilized multifamily can obtain financing, especially workforce and mid-market housing in population centers.
Office properties are underwritten cautiously, particularly older buildings or assets in smaller towns with limited tenant depth.
Value-add and transitional deals face tighter leverage and higher equity requirements, especially when reliant on aggressive lease-up or rent growth assumptions.
Hospitality and resort-oriented assets are financeable but heavily scrutinized due to seasonality, tourism dependence, and operating volatility.
Bozeman: One of the more lender-active markets due to population growth and business expansion, though pricing and leverage remain conservative.
Billings: Viewed as stable and business-oriented, with lender interest in industrial, owner-occupied, and essential-use properties.
Missoula: Supported by education and healthcare, with selective but consistent lending activity.
Rural markets: Financing is highly relationship-driven, with low leverage and strong guarantor requirements.
Community and regional banks dominate commercial lending. Local relationships, deposits, and borrower reputation play a major role in approvals.
Credit unions can be competitive for owner-occupied and smaller-balance loans.
National and institutional lenders participate selectively, typically for larger, stabilized assets in primary markets.
Market liquidity is a core underwriting consideration due to smaller buyer pools.
Seasonality is closely reviewed, especially for hospitality and tourism-related properties.
Expense realism, including heating, maintenance, and insurance, is stressed in lender models.
A strong Montana loan request typically includes conservative leverage, stable historical NOI, experienced sponsorship, and a straightforward business plan.
Deals built on aggressive assumptions or short-term exit strategies tend to struggle.
Montana is a capital-available but conservative lending market. Owner-occupied, stabilized multifamily, and essential-use properties offer the clearest paths to financing, while office, hospitality, and highly transitional projects face tighter underwriting.
We are proud to be serving the state of Montana. Here are our commercial loan statistics for this state.
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Commercial loan direct provides services in the following Montana 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 Montana 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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