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Commercial Mortgage in Montana

Browse 13 lenders offering commercial mortgage in Montana. Compare rates, requirements, and loan programs — then connect directly.

MT Lenders
13
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 Montana

13 lenders offering commercial mortgage to borrowers in Montana.

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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Bank of Hope

LOS ANGELES, CA

One of the largest Korean-American banks in the U.S. and a top SBA 7(a) lender. Offers commercial real estate loans, SBA lending, trade finance, and full-service commercial banking with branches across major metro areas.

134 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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Community Bank & Trust-West Georgia

LAGRANGE, GA

Community bank in West Georgia and a top SBA 7(a) preferred lender. Specializes in SBA lending for business acquisitions and commercial real estate with a focus on hospitality and franchise businesses.

39 SBA loans SBA Verified
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Zions Bank, A Division of

SALT LAKE CITY, UT

Major Western U.S. bank and SBA preferred lender. Offers SBA 7(a) and 504 loans, conventional commercial lending, commercial real estate, equipment financing, and agricultural lending across the Mountain West.

256 SBA loans SBA Verified
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America First FCU

RIVERDALE, UT

Utah's largest credit union offering SBA 7(a) loans, commercial real estate, and business banking with competitive credit union rates. Serves members primarily in Utah, Nevada, and Arizona.

26 SBA loans SBA Verified
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Bank Five Nine

OCONOMOWOC, WI

Oconomowoc, Wisconsin-based community bank offering SBA 7(a) loans, commercial real estate, and business banking. A trusted lender serving businesses throughout southeastern Wisconsin.

47 SBA loans SBA Verified
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About Commercial Mortgage in Montana

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 Montana, 13 lenders currently offer Commercial Mortgage financing with loan amounts from $250K to $50M and rates typically ranging from 6% - 8%.

Montana Market Overview

Montana's economy is growing rapidly, with cities like Bozeman and Missoula attracting remote workers and technology companies. The state's natural beauty drives significant tourism and recreation-related CRE demand.

Montana has no state sales tax, which benefits retail-oriented commercial properties and reduces occupancy costs for tenants. The Bozeman market has seen some of the fastest commercial rent appreciation in the Mountain West, driven by tech worker migration and proximity to Big Sky and Yellowstone. Montana's relatively limited commercial property inventory outside of a few key metros means lenders and investors face thin comparable sales data, which can complicate appraisals and underwriting.

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 Montana

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