Tag Archives: refinance loan

by Angeline C Most commercial and industrial property loan packages offer a step-up package. That means, it goes like this (illustration only): – Year 1 = 1.5% Year 2 = 1.8% Year 3 = 3% This means that many owners of commercial properties are compelled to refinance every 2 years or else the interest cost will eat them alive. Commercial property includes …