Loan Modifications


Can't refinance???? Here are the top 5 reasons why borrowers ask Commercial Loan Advisors to help them modify their existing loans….

  1. Lower their monthly payments by lowering their interest rates & increasing their amortization.
    2. Is your interest rate on your commercial loan in line with current market interest rates and today's economic realities? Is your loan amortization so small that it demands exorbitant payments even with a low interest rate? Are the payments so high that your property's cash flow simply doesn't work? Commercial Loan Advisors may be able to negotiate a loan modification for you that makes sense for the property.

  2. Increase their loan term
    3. Is your lender demanding a payoff even though the property and the loan is performing? Banks are putting loans into default every day on borrowers that pay perfectly… simply because they're unwilling to give them a reasonable extension until the lending market eases up and suitable lending can be found elsewhere.

  3. Decrease their exposure on personal guarantees
    4. Does your bank or lender hold your personal guarantee over your head whenever they want you to do something? Guarantees can be negotiated down and possibly even eliminated in a loan modification.

  4. Get money for tenant fit out & property maintenance
    5. Do you have good tenants who want to lease at your property, but you cant make it happen because you don't have and cant borrow the fit out money? Is your building deteriorating, because you don't have money to maintain the building? There are ways inside and outside a loan modification to obtain fit out and maintenance money to ensure that your building is performing at it's highest level.

  5. Avoid Foreclosure
    6. Don't let the bank bully you into submission. You have options and we may be able to help.