Real Estate Refinancing in Los Angeles County, CA
If you run a charity or nonprofit and you need to refinance your property, contact Charities Benefit Mortgage. We offer property refinancing in Los Angeles County, CA to benefit those in need of financial assistance. Contact us to learn more, or continue reading below.
Multiple situations may govern your decision to refinance, but below are a couple of possibilities.
Avoid a Balloon Payment
Many property loans have a short loan term designed with a monthly payment for a few years and then a balloon payment at the end of the loan term. This is great for businesses that earn a lot of money and have the funds to pay off the loan at the end of the term, but charities and nonprofits may not have the kind of cash flow that can support that.
If you’re facing a balloon payment that you don’t have the funds to pay, contact our team at Charities Benefit Mortgage. We can help you refinance so you can avoid the balloon payment at the end of your original loan term, and we can also find you a mortgage that works better for your status as a nonprofit or charity organization.
Get Better Rates
The loan market fluctuates along with the housing market, so if you bought your commercial property at a time when loan rates were high, you might want to refinance to take advantage of the lower rates now.
At Charities Benefit Mortgage, we seek to take care of the charities in our community, so we’ll get you the best possible rates for your situation. We offer a number of different options that you can choose between, and you can rely on our knowledge and our extensive experience to choose the right option for your needs.
If you’re ready to take advantage of our real estate refinancing services, contact us.