Oct 3, 2018
Refinancing CMBS Loans: What You Need to Know
Since the vast majority of CMBS loans are not fully amortizing, CMBS borrowers typically face hefty balloon payments when the term of their loan is up. If you’re a CMBS borrower who’s about to face a big balloon payment, refinancing your loan is often the best solution. And, when it comes to refinancing, you have a variety of options.
Oct 3, 2018
CMBS Loans and Cash-out Refinancing
The fact the CMBS loans have little to no cash-out restrictions makes them incredibly popular among commercial property owners who want to extract some of the equity from their property. Borrowers are typically only limited by the loan’s maximum LTV requirements— usually 75% for most CMBS loans.