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March 17, 2009

Coop Commercial Mortgage Rates?

Hello, my small member-run coop is considering refinancing our small underlying mortgage. Does anyone know what the commercial rates for small coop loans are at these days? We're currently paying 8.8%

Comments

Our co-op (40 units) just refinanced to a 30yr fixed commercial for just under 7%.

Posted by: JimHill at March 17, 2009 1:52 PM

JimHill, what bank gave you the loan? and who was your mortgage broker (if any)?

Posted by: sidewalk chalk at March 25, 2009 6:55 AM

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