Real Estate
SBA Lenders for Real Estate
Top lenders ranked by real SBA lending data for real estate nationwide.
What Borrowers Should Know
Real estate borrowers are getting better pricing than the national average. The median spread for real estate SBA loans is P+2.30%, compared to the national median of P+2.75%—that's 45 basis points cheaper. This suggests lenders view real estate as lower-risk collateral, which works in your favor if you're financing property acquisition or development.
The real estate lending market is heavily concentrated in just three states: California, Arizona, and Alabama account for 3,655 of the 3,825 total deals (95.6%). If you're operating outside these regions, you'll face fewer competing lenders and potentially less aggressive pricing. Conversely, if you're in California, you'll have more options but also more competition for terms.
The five largest lenders control 1,122 of 3,825 deals (29.3% market share), but 408 active lenders exist in this space. U.S. Bank dominates with 473 deals, but smaller regional lenders like BayFirst (109 deals) and Enterprise Bank (144 deals) are actively lending. Shopping your application across mid-sized lenders could unlock better terms or faster processing than going to the big three banks.
Total SBA Loans
27,979
Active Lenders
1,878
Avg Deal Size
$628K
Total Volume
$17.6B
Real Estate SBA loans average $628K in deal size across 27,979 total loans. The median 7(a) spread in this segment is P + 2.18%.
Top Lenders for Real Estate
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | Bank | 1,413 | $261K | P + 2.34%AVERAGE | |
| 2 | Wells Fargo Bank National Association | Bank | 960 | $475K | P + 2.47%AVERAGE | |
| 3 | The Huntington National Bank | Bank | 945 | $245K | P + 2.12%GOOD | |
| 4 | JPMorgan Chase Bank, National Association | Bank | 849 | $265K | P + 2.96%ABOVE AVG | |
| 5 | TD Bank, National Association | Bank | 796 | $168K | P + 2.40%AVERAGE | |
| 6 | Live Oak Banking Company | Bank | 777 | $2.0M | P + 1.74%GOOD | |
| 7 | Bank Five Nine | Bank | 507 | $1.3M | P + 1.22%COMPETITIVE | |
| 8 | Manufacturers and Traders Trust Company | Bank | 502 | $188K | P + 2.30%AVERAGE | |
| 9 | Enterprise Bank & Trust | Bank | 500 | $1.0M | P + 1.95%GOOD | |
| 10 | PNC Bank, National Association | Bank | 447 | $178K | P + 2.74%AVERAGE | |
| 11 | BayFirst National Bank | Bank | 358 | $224K | P + 3.32%ABOVE AVG | |
| 12 | Zions Bank, A Division of | Bank | 341 | $319K | P + 2.51%AVERAGE | |
| 13 | Celtic Bank Corporation | Bank | 330 | $491K | P + 2.70%AVERAGE | |
| 14 | Columbia Bank | Bank | 316 | $556K | P + 2.81%ABOVE AVG | |
| 15 | Northeast Bank | Bank | 286 | $167K | P + 2.88%ABOVE AVG |
Top States for Real Estate
Where real estate SBA lending is most active.