Refinance a hard money loan

[Shayla Collins]

Hi. I'm looking to refinance my hard money loan but having trouble finding a bank who can refinance both the property and rehab loan into one. Does anyone know of any lenders that will refinance a HML?

[Cory Lucas]

@Shayla Collins time to hit the pavement and start calling all of your local banks. They won't refinance your HML, rather they'll refinance the property and give you 75-80% of its value then you can pay off the HML. Hope this helps