Refinancing Commercial Loan
I currently have a commercial loan on a five unit building. The rate is 6.75. Has anyone recently received a loan for this type of building that is lower
I currently have a commercial loan on a five unit building. The rate is 6.75. Has anyone recently received a loan for this type of building that is lower
Call a mortgage broker and/or bank.
It might be lower. I was quoted roughly that number about 6 months ago (which I realize is light years away at this point).
So much is going on daily with regards to mortgages and interest rates your best bet for an accurate answer to your specific property will be found through a mortgage broker or bank.