Now is the time to refinance your multifamily and senior housing properties

March 15, 2017; The Federal Reserve just raised its benchmark interest rate .25 bps for the second time in three months. The Fed has been talking about two more increases this year.

Now is the time to be refinancing your investment properties before the interest rates go higher. Even if your loan doesn’t mature for another year, you should be calling Howell Investment Finance now to refinance your apartment mortgages and senior housing properties as the interest rates will be much higher when it is time to refinance.

Fannie Mae, Freddie Mac, or HUD loans are non-recourse, assumable, 30+ yr amortizations, 1-3 yrs interest only and cash out are possible, and you can lock in a 10+ yr fixed interest rate.

If you are looking refinance your apartment or senior housing property before the interest rates increase more, you need to call Howell Investment Finance now to get started or to answer any questions. Even after your loan closes, Howell Investment Finance stays involved if you ever have any loan serving questions, they are only a phone call away.

Howell Investment Finance in Ames, IA specializes in commercial loans obtained through HUD, Fannie Mae, and Freddie Mac. Howell Investment Finance works with a strong network of commercial lenders from coast to coast to assist sponsors with buying and refinancing a range of commercial investment properties. If you’re ready to learn more about commercial real estate financing, including how Fannie Mae, Freddie Mac, or HUD financing can benefit you, Howell Investment Finance will assist you through the process! Call (515) 233-8228 or visit their website. In addition to Ames, the company serves Ankeny, Cedar Rapids, Des Moines, West Des Moines, Sioux City, Davenport, and Iowa City. Be sure to “Like” us on Facebook.