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Sohail Bas's profile image
Sohail Bas's profile image
Sohail Bas
  • Investor
  • from Dallas TX
  • Member since May 10, 2022

User Stats

16
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8
Votes
Sohail Bas's profile image
Sohail Bas's profile image
Sohail Bas
  • Investor
  • from Dallas TX
  • Member since May 10, 2022
Sohail Bas
  • Investor
  • Dallas TX
8
Votes |
16
Posts
Classifieds

Interest Rate SWAP Loans - SOFR

Sohail Bas
  • Investor
  • Dallas TX
Posted

Hi there, has anyone ever used the option of Interest Rate SWAPs for lowering their interest rate?

My bank is offering a SWAP rate fixed for 5 years which is about 1 percent lower than their conventional loan for a commercial property.

I've looked at the details but just wanted to see if anyone has personal experience with them, good or bad. Thanks in advance.

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