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Updated almost 8 years ago on . Most recent reply

User Stats

79
Posts
60
Votes
Rochelle Wilkinson
  • Property Manager
  • Phoenix, MD
60
Votes |
79
Posts

Refinancing time line

Rochelle Wilkinson
  • Property Manager
  • Phoenix, MD
Posted

What is a reasonable timeline for refinancing an existing loan.. 10 year balloon due.. looking at new lenders.. 90 days? 120 days? a year? don't want to cut it down to the wire.. and what happens if there is  no loan in place when old loan expires? forced sale? or extension to obtain anew loan? property is cash flowing and 100% capacity

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