Commercial Refinance Loans
Step Up Your Real Estate Portfolio!
Break free and maximize your investments with our Commercial Refinance Loans.
A Commercial Refinance Loan is your ticket to better financial flexibility and operational efficiency. Here’s how it works:
Rate and Term Refinance
Got a balloon payment looming? No problem! A Rate and Term Refinance can help you handle it smoothly by adjusting your interest rates and terms. This way, you can reduce your monthly payments and extend your loan duration without changing the loan amount. Perfect for those who initially got a high-interest, short-term loan and are now ready to switch to something more sustainable.
Cash-Out Refinance
Need cash for new opportunities or expenses? A Cash-Out Refinance lets you tap into your property’s equity and get up to 75% of its current value in cash. No strings attached. Use it to purchase additional property, upgrade your existing one, or for any other purpose you see fit. It's your cash—spend it how you like!
Understanding DSCR
Debt Service Coverage Ratio (DSCR) is the key to unlocking your refinance potential. It’s a measure of your property's ability to generate enough income to cover its debts. A higher DSCR means more favorable loan terms and greater loan amounts.
DSCR = NOI / Annual Debt Service
Where:
NOI is your Net Operating Income before depreciation, interest, taxes, and amortization.
Annual Debt Service includes all your loan payments and interest.
A DSCR of 1 means you’re breaking even, while anything above 1 indicates profit. The higher, the better!
Small Balance Programs
We offer flexible options to fit your unique needs.
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