Commercial Real Estate Financing in Oklahoma

Commercial Loan Direct (CLD) provides commercial real estate loans in the state of Oklahoma. Current commercial loan rates in Oklahoma 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 OK.

Oklahoma 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 Oklahoma

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 Oklahoma (high-level snapshot)

Oklahoma’s commercial lending market is stable, conservative, and relationship-driven. Capital is available through community, regional, and national lenders, but underwriting emphasizes cash-flow reliability, borrower strength, and local economic fundamentals. Lenders favor straightforward, well-supported deals over speculative growth strategies.

What lenders are most comfortable financing

Owner-occupied properties are among the most lender-friendly transactions in Oklahoma, particularly when backed by established operating businesses with consistent historical cash flow.

Industrial, warehouse, and energy-related properties tied to manufacturing, logistics, and energy services tend to underwrite well when tenancy is stable.

Essential retail and service properties (medical offices, grocery-anchored centers, fuel stations, professional services) are viewed favorably due to steady local demand.

Stabilized multifamily can finance when occupancy and collections are solid, especially workforce and mid-market housing.

Where underwriting gets tougher

Office properties are underwritten cautiously, particularly older buildings or assets in smaller markets 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 is financeable but conservative underwriting applies due to seasonality and exposure to energy and travel cycles.

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

Oklahoma City Metro: The most lender-active market, with stronger appetite for industrial, owner-occupied, and stabilized multifamily properties.

Tulsa: Stable lending environment supported by energy, manufacturing, and professional services.

Secondary and rural markets: Financing is more relationship-driven, with conservative leverage and emphasis on essential-use properties.

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

Community and regional banks dominate commercial lending. 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.

Key underwriting themes unique to Oklahoma

Energy-sector exposure is closely reviewed for both borrowers and tenants.

Expense realism, including insurance, utilities, and maintenance, is stressed in lender models.

Sponsor experience and liquidity often matter as much as property-level metrics.

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

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

Deals built on aggressive assumptions or rapid repositioning strategies tend to struggle.

Bottom line

Oklahoma is a capital-available but conservative lending market. Owner-occupied, industrial, stabilized multifamily, and essential-use properties offer the clearest paths to financing, while office, hospitality, and speculative projects face tighter underwriting.

Locations Served in Oklahoma

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

Oklahoma Cities and Towns Served

49

Lending Cities

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

  • Ada
  • Adair County
  • Afton
  • Alfalfa County
  • Altus
  • Alva
  • Anadarko
  • Antlers
  • Apache
  • Arapaho
  • Ardmore
  • Arkoma
  • Arnett
  • Atoka
  • Atoka County
  • Barnsdall
  • Bartlesville
  • Beaver
  • Beaver County
  • Beckham County
  • Beggs
  • Bethany
  • Bethel Acres
  • Bixby
  • Blackwell
  • Blaine County
  • Blanchard
  • Boise City
  • Boley
  • Bray
  • Bristow
  • Broken Arrow
  • Broken Bow
  • Bryan County
  • Buffalo
  • Burns Flat
  • Bushyhead
  • Byng
  • Cache
  • Caddo
  • Caddo County
  • Calera
  • Canadian County
  • Carnegie
  • Carter County
  • Catoosa
  • Central High
  • Chandler
  • Checotah
  • Chelsea
  • Cherokee
  • Cherokee County
  • Cheyenne
  • Chickasha
  • Choctaw
  • Choctaw County
  • Chouteau
  • Cimarron County
  • Claremore
  • Cleora
  • Cleveland
  • Cleveland County
  • Clinton
  • Coal County
  • Coalgate
  • Colbert
  • Collinsville
  • Comanche
  • Comanche County
  • Commerce
  • Copeland
  • Cordell
  • Cotton County
  • Coweta
  • Craig County
  • Creek County
  • Crescent
  • Cushing
  • Custer County
  • Cyril
  • Davis
  • Del City
  • Delaware County
  • Dewey
  • Dewey County
  • Dickson
  • Drumright
  • Duncan
  • Durant
  • Edmond
  • El Reno
  • Elgin
  • Elk City
  • Ellis County
  • Enid
  • Erick
  • Eufaula
  • Fairfax
  • Fairland
  • Fairview
  • Fletcher
  • Forest Park
  • Fort Gibson
  • Frederick
  • Garfield County
  • Garvin County
  • Geary
  • Geronimo
  • Glenpool
  • Goldsby
  • Goodwell
  • Grady County
  • Granite
  • Grant County
  • Greer County
  • Grove
  • Guthrie
  • Guymon
  • Hall Park
  • Harmon County
  • Harper County
  • Harrah
  • Hartshorne
  • Haskell
  • Haskell County
  • Healdton
  • Heavener
  • Helena
  • Hennessey
  • Henryetta
  • Hinton
  • Hobart
  • Holdenville
  • Hollis
  • Hominy
  • Hooker
  • Hughes County
  • Hugo
  • Idabel
  • Inola
  • Jackson County
  • Jay
  • Jefferson County
  • Jenks
  • Johnston County
  • Jones
  • Justice
  • Kay County
  • Kellyville
  • Kenwood
  • Kiefer
  • Kingfisher
  • Kingfisher County
  • Kingston
  • Kiowa County
  • Konawa
  • Krebs
  • Langston
  • Latimer County
  • Laverne
  • Lawton
  • Le Flore County
  • Lexington
  • Lincoln County
  • Lindsay
  • Locust Grove
  • Logan County
  • Lone Grove
  • Longtown
  • Love County
  • Luther
  • Madill
  • Major County
  • Mangum
  • Mannford
  • Marietta
  • Marlow
  • Marshall County
  • Maud
  • Mayes County
  • Maysville
  • McAlester
  • McClain County
  • McCord
  • McCurtain County
  • McIntosh County
  • McLoud
  • Medford
  • Meeker
  • Meridian
  • Miami
  • Midwest City
  • Minco
  • Moore
  • Mooreland
  • Morris
  • Mounds
  • Muldrow
  • Murray County
  • Muskogee
  • Muskogee County
  • Mustang
  • Newcastle
  • Newkirk
  • Nichols Hills
  • Nicoma Park
  • Ninnekah
  • Noble
  • Noble County
  • Norman
  • Nowata
  • Nowata County
  • Oakhurst
  • Oakland
  • Oilton
  • Okarche
  • Okeene
  • Okemah
  • Okfuskee County
  • Oklahoma City
  • Oklahoma County
  • Okmulgee
  • Okmulgee County
  • Oologah
  • Osage County
  • Ottawa County
  • Owasso
  • Panama
  • Park Hill
  • Pauls Valley
  • Pawhuska
  • Pawnee
  • Pawnee County
  • Payne County
  • Perkins
  • Perry
  • Piedmont
  • Pink
  • Pittsburg County
  • Pocola
  • Ponca City
  • Pontotoc County
  • Poteau
  • Pottawatomie County
  • Prague
  • Pryor
  • Pryor Creek
  • Purcell
  • Pushmataha County
  • Quinton
  • Ringling
  • Roger Mills County
  • Rogers County
  • Roland
  • Rush Springs
  • Salina
  • Sallisaw
  • Sand Springs
  • Sapulpa
  • Sayre
  • Seminole
  • Seminole County
  • Sequoyah County
  • Shattuck
  • Shawnee
  • Skiatook
  • Slaughterville
  • Snyder
  • Spencer
  • Sperry
  • Spiro
  • Stephens County
  • Stigler
  • Stillwater
  • Stilwell
  • Stratford
  • Stroud
  • Sulphur
  • Tahlequah
  • Talihina
  • Taloga
  • Tecumseh
  • Texanna
  • Texas County
  • The Village
  • Thomas
  • Tillman County
  • Tishomingo
  • Tonkawa
  • Tulsa
  • Tulsa County
  • Turley
  • Tuttle
  • Union City
  • Verdigris
  • Vian
  • Vinita
  • Wagoner
  • Wagoner County
  • Walters
  • Warner
  • Warr Acres
  • Washington County
  • Washita County
  • Watonga
  • Waukomis
  • Waurika
  • Weatherford
  • Westville
  • Wetumka
  • Wewoka
  • Wilburton
  • Wilson
  • Wister
  • Woods County
  • Woodward
  • Woodward County
  • Wynnewood
  • Yale
  • Yukon

Commercial Loan FAQs in Oklahoma

Commercial interest rates in Oklahoma 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 Oklahoma 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 Oklahoma 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 Oklahoma, including Conventional, Insurance, SBA, USDA, and selected agency programs when eligibility requirements are met.

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

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