Successful Applicants
The 504 Refinance product is now available – applications are being taken immediately.
The interest rate on the refinancing product is 1.15 basis points higher than the traditional 504 loan.
The following types of applicants / properties are ideal for the 504 refinancing loan:
- Industrial buildings
- Existing owner-occupied real estate owners
- Office condominiums
- Medical offices
- Multipurpose commercial properties