im refinancing out of a hard money loan into a commercial loan bc i have many mortgages and dont want to wait the 6 months seasoning required by most mortgage banks...this is my first commercial loani just sent a packet in for revirew to a large commercial bank in boston...they even came and met me at the property to be refinanced... the lender liked what i did with the place and likes the #'s...he sent be a pre approval letter based on a $3,000 deposit...i almost felll off my chair...i have never put down anything close to this amount for my residential loans or refi's ...is this common in the commercial lending marketplace?

Has anyone refinanced their home for 125% of their home's value thanks to the new housing rescue plan?

Would it make a difference if the borrower told the note buyer that they would be refinancing to pay off the loan by time the balloon is due?

I bought my first investment property in 2003 from a bank REO and rehabbed it, then refinanced and took out about $8000, then rented it out ever since.

E.Fees for an appraisal required by a lender. 5.Fees for refinancing a mortgage.If these costs relate to business property, items (1) through (3) are deductible as business expenses.

If the lender does accelerate the note then you would need to get it refinanced quickly.

I found that refinancing can be more challenging than using purchase-financing.

We are getting investment property refinanced within 90 days for most of our clients.

from the article: ------------- When her home shot up in value, she refinanced it several times, pulling out equity to pay off credit card debt and other expenses.

I have been searching for 2 years for refinancing for this property.