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Updated over 4 years ago on . Most recent reply

Cameron Litton's profile image
Cameron Litton's profile image
Cameron Litton
  • from Medford, Oregon
  • Member since Mar 21, 2018
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Cameron Litton's profile image
Cameron Litton's profile image
Cameron Litton
  • from Medford, Oregon
  • Member since Mar 21, 2018
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Cameron Litton
  • Medford, OR
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Private Lending & Conventional Mortgage Advice

Refinance Home to Pay Off Commercial Mortgage

Cameron Litton
  • Medford, OR
Posted

Has anybody ever refinanced their home mortgage to pay off a commercial mortgage? There is enough equity in the house to pay off the commercial loan in full and interest rates are SO LOW on home mortgages. I am trying to figure out what drawbacks there might be? Maybe some lost tax benefits? Please let me know if you have ever tried to do this successfully or not!

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