Blog

Sep 12, 2011

Commercial Rates Lowest of the Year!

The stock market sell off of the last two weeks has created the refinance and purchase opportunity of a lifetime in commercial real estate!

Commercial rates are now in the 5% range and even 4%’s are available on select property types. People with balloon notes due in 2 years should seriously consider a refinance and if you are in the market to purchase commercial real estate, you cannot beat the rates available at this time.

Of course, guidelines are still tight and you need to work with someone with a proven track record of actually closing loans but now the rates create a truly unique opportunity.

To find out where the rates are for your property type or situation or to get a quick commercial loan approval for a purchase, call or email Brett Swearingen today at 800-557-0682 or brett@ccofok.com