Commercial Mortgage in Honolulu, HI
Find lenders offering commercial mortgage in the Honolulu, including Pearl City, Kailua, Kapolei, and surrounding areas. Compare rates, terms, and programs from 7 lenders.
Commercial Mortgage Lenders Serving Honolulu
7 lenders offering commercial mortgage in the Honolulu, HI area.
Live Oak Banking Company
SBAWILMINGTON, NC
One of the nation's top SBA 7(a) lenders, specializing in lending to small businesses across healthcare, veterinary, beverage, self-storage, and other industries. Offers SBA loans, USDA loans, conventional business loans, and commercial real estate financing.
Newtek Bank, National Association
SBAMiami, FL
Technology-driven SBA preferred lender providing 7(a) loans to small and medium-sized businesses nationwide. Part of Newtek Business Services Corp, offering integrated business solutions including lending, payments, and technology services.
Celtic Bank Corporation
SBASALT LAKE CITY, UT
Industrial bank and top SBA preferred lender headquartered in Salt Lake City. Specializes in SBA 7(a) lending for business acquisitions, partner buyouts, commercial real estate, and working capital. Also offers USDA business loans.
Readycap Lending, LLC
SBABERKELEY HEIGHTS, NJ
Non-bank SBA preferred lender offering SBA 7(a) and 504 loans nationwide. Specializes in commercial real estate, business acquisition, and expansion financing for small businesses. Known for fast closings and flexible underwriting.
First Bank of the Lake
SBAOsage Beach, MO
Community bank based at the Lake of the Ozarks and a top SBA 7(a) preferred lender. Specializes in SBA lending for business acquisitions, commercial real estate, and partner buyouts. Known for lending to franchises and hospitality businesses.
United Midwest Savings Bank National Association
SBADE GRAFF, OH
Community bank and SBA preferred lender based in Ohio. Specializes in SBA 7(a) loans for small businesses, including business acquisitions, commercial real estate, and working capital financing.
Cadence Bank
SBATUPELO, MS
Regional bank serving the Southeast and Texas, and an active SBA preferred lender. Offers SBA 7(a) and 504 loans, commercial real estate lending, equipment financing, and full-service business banking.
Honolulu Commercial Real Estate Market
Honolulu's commercial real estate market operates under extreme land constraints — Oahu's geography limits developable land to a narrow coastal strip, creating some of the highest commercial property values per square foot in the nation. The primary office market concentrates in the Downtown/Capitol District and Ala Moana areas, while Kakaako has become the focus of major mixed-use high-rise development under the Hawaii Community Development Authority's master plan. Ward Village, developed by Howard Hughes Holdings, represents one of the largest master-planned urban communities in the state, blending retail, residential, and commercial space along the waterfront. The Honolulu Rail Transit project (Skyline) connecting East Kapolei to Ala Moana is reshaping development patterns along the 20-mile corridor, with transit-oriented development sites creating new CRE opportunities in Aiea, Pearl City, and Waipahu.
Key Economic Drivers
- ●Waikiki and Ala Moana hospitality and luxury retail CRE driven by Pacific Rim tourism
- ●Joint Base Pearl Harbor-Hickam and Schofield Barracks military spending
- ●Kakaako and Ward Village master-planned mixed-use development
- ●Skyline rail transit corridor spurring transit-oriented development in West Oahu
Market Insight
A significant share of Honolulu's commercial properties are held under long-term ground leases from large landowners like Kamehameha Schools and the Queen's Estate, and financing leasehold commercial property requires lender familiarity with Hawaii's unique tenure structure — lease renegotiation risk can materially impact valuations.
Commercial Mortgage in Honolulu, Hawaii
Conventional commercial mortgages provide long-term financing for stabilized, income-producing commercial properties. Offered by banks, credit unions, and institutional lenders with competitive rates for qualified borrowers and properties. In the Honolulu metro area, borrowers can access 7 lenders offering Commercial Mortgage financing, including Pearl City, Kailua, Kapolei, and surrounding areas. Loan amounts typically range from $250K to $50M with rates from 6% - 8%.
Who Should Consider Commercial Mortgage?
- Stabilized income properties
- Long-term holds
- Refinancing
- Experienced investors
Key Requirements
- Stabilized property with income history
- DSCR ≥ 1.20-1.25
- LTV ≤ 75-80%
- Borrower experience and liquidity
Advantages
- ✓Lower rates than bridge/hard money
- ✓Longer terms
- ✓Predictable payments
- ✓Build equity over time
Considerations
- •Stricter underwriting
- •Longer closing timeline
- •Prepayment penalties
- •Recourse may be required
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