Another Real Estate Blog

I’ve got a commercial mortgage of about 480 k on a prop valued at 600. It’s fixed for the first 3 years at 8% (one of which has passed), then it switches to an ARM. It’s also got a baloon like most com. mortg. of 420 at the end. Anyone whose knowledgable have any suggestions for getting some better terms on a refi? I plan on keeping it very long term.

I am a mortgage broker. Please email me if you would like to discuss this further.

This entry was posted on Tuesday, October 6th, 2009 at 3:39 pm and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.