Regarding commercial mortgages, banks typically offer the most competitive interest rates. However, these lower rates often come with stricter requirements, such as higher credit scores, larger down payments, and more extensive financial documentation.nnOn the other hand, alternative lenders may have slightly higher interest rates but offer more flexibility in terms of qualification criteria. This can benefit borrowers who may not meet the stringent requirements set by traditional banks. It's essential to weigh the pros and cons of each option to find the best fit for your commercial real estate financing needs.