You may have many reasons for refinancing a commercial mortgage, from avoiding an upcoming balloon payment to lowering your long-term interest rate. But the landscape has changed for businesses that want to work with lenders. It’s well worth knowing what your options are to improve your cash flow. So let’s look at how to go about securing an advantageous refinance.

Consider carefully why you want to refinance. If you need money in hand for repairs or improvements, you may be seeking a cash-out product. If your current loan product has an adjustable rate, which makes month-to-month cash flow projections much more difficult, you will probably want to investigate a fixed-rate loan. If you have a balloon payment coming due, you will want to refinance into a new loan to avoid that liability. Knowing what your long-term business goal is will guide you as you choose a loan product and even decide whether refinancing is cost effective or possible.

Switch My Mortgage can lower your commercial payments today!
Switch My Mortgage can lower your commercial payments today!

We have over 10 years experience providing mortgage assistance to our clients.

Our mortgage specialists ensure you get the best possible savings.

We complete all the paperwork and negotiate with all the lenders, you just sit back, relax and wait for the savings.