We are often are asked when is the optimal time to refinance a commercial real estate loan. Many factors such as market interest rates, prepayment penalties, existing loan terms and the overall goals of the borrower come into play. There are no set answers, but below are some real world thoughts on how you might [...]
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If you have recently received a Letter of Intent or a “pre approval” from a lender regarding cash out refinance on your commercial property, you don’t need me to explain the pitfalls. Upfront appraisal fees (at $3000 – $5000), environmental fees ($2000), start off an often expensive and “brain numbing” process to fund your commercial [...]
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Owners conducting an automotive property refinance are often surprised to discover how many new attractive loan programs that have become available within the last 3 years. 30 year amortization periods, stated income and cash out refinance up to 75% LTV are now on the market. However, automotive refinances are still heavily scrutinized by lenders that [...]
Filed under: Commercial Mortgages, commercial loan, commercial mortgage refinance | Tagged: automotive loan refinance, automotive mortgage refinance | Leave a Comment »
