Clopton Capital specializes in real estate financing nationwide for a client base that centers on private investors, small/middle market real estate entities, and family offices displaying a wide range of needs. While our activity generally concentrates on standard commercial mortgages it also extends to construction loans, cash-outs, refinancing loan vehicles, CMBS, bridge lending, preferred equity, and joint venture equity. This page deals specifically with refinancing, with or without cash-outs.
Commercial Mortgage Refinance Options Clopton Offers
- Maturing loan with a pending balloon payment
- Lower interest rate
- Fixed period resetting
- Commercial cash out refinance
- Provide longer or shorter amortization
- Partner buyout
- Provide renovation capital
With the above scenarios, we can typically offer terms as shown below
- Up to 75% LTV (commercial) 80% (multifamily)
- Fixed period up to 30 years
- Up to 30 years amortization, interest only available
- Non-recourse and recourse available
Why a Commercial Mortgage Refinance?
Our clients located in every city, town, and rural district from coast to coast in the USA are involved in commercial, industrial, and mixed-use real estate in such diverse areas as mobile parks, self-storage, retail malls, and offices – to name but a few. This dynamic arena often leads to situations where there are mortgage loan arrangements that are maturing: if so, you should be looking at refinancing options as soon as possible. Avoid any scenario where you have to go over your maturity date by asking the current lender for more time. Most often they will penalize you for this in the form of fees or higher interest.
Another commercial mortgage refinancing focus is pressure on variable interest rates: high loan rates can often be lowered. They are usually high because they were not negotiated competently initially. Our loan officers will renegotiate things to get you a much better closed refinanced deal if there’s even the slightest reason to do so. Then perhaps, a cash-out may be in the cards – generally with appreciated real estate. Refinancing sometimes allows you to take cash out of your existing property to put in your pocket or, better still, advance it toward additional investments (because cash-out proceeds are tax-deferred). Traditional bank mortgagors seldom co-operate in this, lacking the essential flexibility.
These varied scenarios dictate the exact circumstances for refinancing, thus triggering when know-how and advice is needed; Clopton Capital is the mortgage broker to talk to when it occurs. It matters not whether you are invested in a partnership, trust, corporation, LLC, Delaware Corporation, estate (even a foreign national holding) – we are there for you. Our standing in the lender community is unsurpassed and it enables us to guarantee you direct access to the most competitive refinancers in the USA for the easiest terms and lowest commercial refinancing interest rates possible – with cash-outs if required.
Our trusted commercial mortgage refinance brokers are adept at helping our clients to reconfigure loan terms, proposing new principal and interest adjustments that are now more practical and pertinent (versus original loan application and initiation). Both lenders and borrowers are fully aware that over time amortization schedules, property values and indeed the mortgage market intrinsically have changed, so your particular arrangement may be crying out for revision and ultimately refinancing.
Clopton has been prolifically active over the last 10 years closing billions of dollars of asset-backed, commercial leveraged deals; so we are on solid ground when we say there are several options that can vastly improve what is available through local banks. Do you have an upcoming balloon payment and with it want to take cash out, or lower your payments, or simply change the terms of your loan? All this is in a day’s work for us on the refinancing fast-traveling bandwagon. We also ensure quick underwriting and process all the way to the closing, so that your borrowing experience is as smooth as possible. Most important is that you’ll enjoy better mortgage payment terms from a dependable mortgage refinance lender who’s experienced in commercial loan adjustments. To see more of our services, click here.
After our speedy due-diligence exercise, we’ll calculate the right value for your asset, as we’ve done with countless commercial property investors. We’ll get you a better Loan to Value – thus getting you more money. Adapting to the market – expanding out beyond a fixed rate mortgage – is a number one borrower priority these days and Clopton is ready to hold your hand all the way through the refinancing process.
Asset-backed refinancing is a useful method to help investors derive better real estate value from their portfolios. Commercial mortgage refinancing applies to straightforward purchase transactions but reaches further afield into the world of construction loans and short-term bridging as well. To learn more contact one of Clopton Capital’s commercial mortgage lenders by calling 866-647-1650 or using the Contact Us form available from the menu. You’re always welcome to work with us to find the refinance loan rates and repayment plans to suit your every possibility. And with low closing costs attached to a straightforward documentation and underwriting process, your commercial loan process will be stress-free.
Commercial Refinance Rates and How They’re Determined
If you’ve found yourself in a commercial loan with unfavorable terms for any reason, you’re likely interested in finding out about commercial refinance rates and how they can benefit you. Refinancing a commercial loan is a common and extremely effective way to improve the terms of your loan and make them more favorable for you in both the short-term and the long-term. So what are commercial refinance rates, and how do they work?
One of the most common reasons individuals and businesses approach us about refinancing their commercial loans is to escape a high loan rate for a lower rate. Their initial high rate could be the result of several factors, including a poorly executed loan or simply the type of loan they received. A refinance loan will pay off your original loan/lender and initiate a new loan with a lower rate or longer term.
There are also two additional motivations we tend to see for refinancing a commercial loan. One is an upcoming balloon payment. Balloon loans are structured with a large final payment at the end of the loan term, unless the loan is refinanced into a new loan. Refinancing allows you to avoid the balloon payment without needing to contact your current lender and try to secure more time. They’ll usually reward you with fees and even higher interest rates.
The other common reason for refinancing is the ability to take cash out of the property to put towards other opportunities and investments relating to your business. Cash taken out of your refinanced loan will be cash deferred. This gives them the chance to enjoy a high return on their investment over time. Get more details about it on this page: https://cloptoncapital.com/commercial-mortgages/.
With these factors in mind, businesses often wonder about the state of commercial property finance rates and how they fluctuate.
Current Commercial Refinance Rates
Generally, refinance rates tend to follow commercial lending rates as a whole. And that’s good news, because rates are currently nearing an all-time low. Generally, we offer rates that range between 4% and 11%. Keep in mind there is a high degree of variance based on your unique situation, your business, and the structure of your loan. But those figures should give you a general idea of what to expect for commercial property refinance rates.
At Clopton Capital, we offer competitive commercial refinance rates designed to put you and your business in a better situation for both now and in the future.
Access the Best Commercial Property Refinance Rates Available
Whatever your motivation, contact Clopton Capital today to access the most competitively priced commercial refinance rates available and take control of your commercial property loan.