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Commercial Mortgage in Mississippi

Browse 18 lenders offering commercial mortgage in Mississippi. Compare rates, requirements, and loan programs — then connect directly.

MS Lenders
18
Typical Rate
6% - 8%
Down Payment
20-30%
Term
5-30 years (often 5-10 year terms with 25-30 year amortization)
Closing Time
30-60 days

Commercial Mortgage Lenders in Mississippi

18 lenders offering commercial mortgage to borrowers in Mississippi.

Live Oak Banking Company

WILMINGTON, 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.

628 SBA loans SBA Verified
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Newtek Bank, National Association

Miami, 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.

1039 SBA loans SBA Verified
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U.S. Bank, National Association

Cincinnati, OH

Fifth-largest commercial bank in the U.S. and a top SBA preferred lender. Offers SBA 7(a) and 504 loans, conventional commercial lending, commercial real estate, and a full suite of business banking products.

846 SBA loans SBA Verified
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Celtic Bank Corporation

SALT 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.

442 SBA loans SBA Verified
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Readycap Lending, LLC

BERKELEY 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.

563 SBA loans SBA Verified
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GBank

LAS VEGAS, NV

Fast-growing community bank based in Las Vegas and a top SBA preferred lender. Specializes in SBA 7(a) loans for hospitality, gas stations, convenience stores, and commercial real estate acquisition.

54 SBA loans SBA Verified
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Wells Fargo Bank National Association

Sioux Falls, SD

One of the largest banks in the U.S. and a major SBA preferred lender. Offers the full range of SBA programs including 7(a) and 504 loans, alongside conventional commercial lending, commercial real estate, and equipment financing.

220 SBA loans SBA Verified
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First Bank of the Lake

Osage 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.

191 SBA loans SBA Verified
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United Midwest Savings Bank National Association

DE 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.

302 SBA loans SBA Verified
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Cadence Bank

TUPELO, 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.

132 SBA loans SBA Verified
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Citizens Bank

ELIZABETHTON, TN

Regional bank based in Tennessee and an SBA preferred lender. Provides SBA 7(a) loans, conventional commercial lending, and business banking services to small and medium-sized businesses in the Southeast.

88 SBA loans SBA Verified
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Lendistry SBLC, LLC

Los Angeles, CA

CDFI and SBA community advantage lender focused on providing responsible lending to small businesses in underserved communities. Offers SBA 7(a) loans, microloans, and commercial real estate financing with a focus on minority and women-owned businesses.

$50K – $5M 229 SBA loans SBA Verified
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Shoreham Bank

Warwick, RI

Rhode Island-based community bank and SBA preferred lender. Offers SBA 7(a) loans for business acquisitions and commercial real estate, with a focus on hospitality and franchise financing in the Northeast.

27 SBA loans SBA Verified
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Renasant Bank

TUPELO, MS

Mississippi-based regional bank offering SBA 7(a) loans, commercial real estate, and business banking across the Southeast. Known for relationship-driven lending and community banking values.

14 SBA loans SBA Verified
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First Commonwealth Bank

Indiana, PA

Pennsylvania-based community bank offering SBA 7(a) loans, commercial real estate, equipment financing, and business lines of credit. Serves small businesses across Pennsylvania and Ohio.

52 SBA loans SBA Verified
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Southern Bancorp Bank

Arkadelphia, AR

Arkansas-based community development bank and one of the largest CDFIs in the U.S. Offers SBA 7(a) loans, commercial real estate, and mission-driven lending focused on underserved rural and urban communities.

14 SBA loans SBA Verified
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Regions Bank

BIRMINGHAM, AL

Birmingham, Alabama-based regional bank offering SBA 7(a) and 504 loans, commercial real estate, equipment financing, and business lines of credit. Major lender across 15 southern and midwestern states.

36 SBA loans SBA Verified
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Hancock Whitney Bank

GULFPORT, MS

Gulf South regional bank offering SBA 7(a) loans, commercial real estate, and business banking across Mississippi, Alabama, Florida, Louisiana, and Texas. Strong community banking tradition since 1899.

35 SBA loans SBA Verified
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About Commercial Mortgage in Mississippi

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 Mississippi, 18 lenders currently offer Commercial Mortgage financing with loan amounts from $250K to $50M and rates typically ranging from 6% - 8%.

Mississippi Market Overview

Mississippi offers among the lowest costs of doing business in the nation, attracting manufacturing operations and automotive assembly plants. The Gulf Coast region supports shipbuilding, energy, and gaming-related commercial activity.

Mississippi's fee-in-lieu-of-taxes (FILOT) agreements and the state's Advantage Jobs program offer significant property tax and payroll rebate incentives for qualifying commercial and industrial projects. The state has no franchise tax on the first $100,000 of capital, and property tax assessments for commercial properties are set at 15% of true value, keeping effective tax rates relatively low. Gulf Coast casinos and hospitality properties must navigate specialized gaming commission requirements, and hurricane risk along the coast requires thorough insurance and structural resilience planning.

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

Pros and Cons

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

Commercial Mortgage FAQ

What's the difference between a commercial mortgage and a residential mortgage?
Commercial mortgages are for income-producing properties (5+ units, office, retail, etc.). They're underwritten primarily on the property's income, not the borrower's personal income. Terms are typically shorter with balloon payments.

Commercial Mortgage by City in Mississippi

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