May be in the need for a quick HM loan. What rates and terms are you guys seeing? This will be for a note paydown of an existing commercial building

Everything matters. Size of the loan, location, LTV, security, your credit, etc. Without knowing any of the relevant details, I'd say the rate would look something like a normal conventional loan rate plus 5% so roughly 11%.

I'd be happy to provide some options. I'm a commercial banker and provide financing to hard money lenders all over the state and nation.

As the previous poster stated, there are lots of variables. These loans typically start at 2% fee and 12% rate. Move up or down based on LTV, location, asset type, guarantee strength, occupied/non-occupied, etc.