Commercial Loan Direct (CLD) provides commercial real estate loans in Oregon. Current commercial loan rates in Oregon range from 4.83% to 12.85% depending on the loan program.
For more in-depth commercial interest rates, please visit our Commercial Loan Rates page. If you are looking to finance or refinance a multifamily property, please visit our Oregon multifamily loans 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.
Oregon Interest Rates starting at 4.83%. Tell us about your property and financing goals. We will match your request with lending options based on program fit and current market conditions.
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.
Oregon’s commercial lending market is capital-available but highly selective. Lenders are active across banks, credit unions, and institutional sources, but underwriting is conservative due to regulatory complexity, operating cost pressure, and uneven recovery across asset classes. Successful deals emphasize stability, strong sponsorship, and defensible cash flow.
Industrial and logistics properties are among the most lender-favored asset classes, particularly around Portland, along the I-5 corridor, and in distribution-oriented submarkets. Modern facilities with durable tenant demand underwrite best.
Owner-occupied properties remain highly financeable, especially when backed by established professional, manufacturing, or service businesses with consistent historical cash flow.
Stabilized multifamily can finance when occupancy and collections are solid, though lenders closely review rent regulations, tenant protections, and expense growth.
Medical and essential-use properties (clinics, healthcare services, grocery-adjacent retail) tend to receive favorable consideration.
Office is the most challenged asset class, particularly in downtown Portland. Elevated vacancy, tenant downsizing, and uncertain long-term demand drive very conservative leverage.
Value-add and transitional deals face heavier scrutiny. Lenders discount projected rent growth and often require more equity and reserves.
Hospitality is underwritten cautiously due to seasonality, labor costs, and sensitivity to economic cycles.
Portland Metro: The deepest lender pool in the state, but also the most conservative underwriting environment, especially for office assets.
Willamette Valley: Viewed as stable and diversified, with lender interest in industrial, owner-occupied, and essential-use properties.
Southern and Eastern Oregon: Financing is more relationship-driven, with conservative leverage and focus on essential-use properties.
Regional and national banks are active but selective, often favoring stabilized assets and experienced borrowers.
Credit unions can be competitive for owner-occupied and smaller-balance loans.
Life companies and institutional lenders focus on large, stabilized assets with long-term income visibility.
Debt funds and non-bank lenders participate in transitional or higher-leverage deals, typically at higher cost.
Regulatory exposure, including rent controls and tenant protections, materially affects underwriting.
Expense pressure, including labor, insurance, and utilities, is closely stressed in lender models.
Sponsor liquidity and experience often carry as much weight as property-level metrics.
A strong Oregon loan request typically includes conservative leverage, defensible historical NOI, stable tenancy, and experienced sponsorship.
Deals relying on aggressive rent growth, rapid repositioning, or office recovery assumptions tend to struggle.
Oregon is a capital-available but highly filtered lending market. Industrial, owner-occupied, stabilized multifamily, and essential-use assets 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 Oregon. Here are our commercial loan statistics for this state.
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Commercial loan direct provides services in the following Oregon 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.
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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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