Avatar's Blog

» Refinancing with Hard Money

Posted on 12/10/2004
Although hard money is typically used to buy commercial properties, it can also find a place as a re-financing tool. Typically the loan being converted must already have a very high interest rate or be on the verge of ballooning. Avatar Financial can be a particularly good choice for this type of deal because of our ability to close quickly and our lower than normal hard money rates. If a commercial property requires re-financing between low rates loans or to avoid high interest penalties, hard money can be an option.
Posted in Miscellaneous