An additional $18 million mezzanine loan came from Columbus, Ohio-based Nationwide Life Insurance Co., a subsidiary of.
investment loan: Interest rates:. you could as an alternative build your own home with the assistance of construction loans. What is a construction loan? In simple terms, it’s a loan that you can use to pay for the cost of building your new home. It’s usually a short-term loan and can be offered for a specific amount of time – generally.
Commercial Construction Loan Rates vary from 4.00% to 12.00%. The lowest rates are large bank 30 day libor rate programs starting at 4.00% followed by regional and community bank programs based on prime or libor rate starting at 5.25%.