I have a commercial loan on an apartment building. What a better offer refinancing? Current conditions are 10 year amortization with a balloon with a 5-year interest rate to 8.125% (approximately 500,000)
refi can do with another lender with the same conditions with 8.00% (about 480,000)
or can refi with the originating bank rate of 7.625% with one year of the original note was already repaid?
Depending on what your situation may be different. If you are in CT, MA, RI, or give me a call me 508 496 1095
Rates and programs change frequently, it is preferable to work with a reputable company to find out what is the best program is for you at this time.
An excellent company that I worked with the capital is the line of commercial financing. Their website is ... http://www.CapitalLineCommerci Flag
Posted on October 14, 2010.