Commercial Refinance Loans | Lower Your Rate | Commercial Lending Solutions

Optimize Your Debt. Maximize Your Returns.

Refinancing your commercial property can significantly improve your cash flow, reduce your overall cost of capital, and unlock equity for new investments. Whether your loan is maturing, rates have dropped, or your property has appreciated, Commercial Lending Solutions helps you find the best refinance terms available in the market.

As a commercial mortgage broker with access to over 1,000 lenders, including banks, credit unions, life companies, agency lenders (Fannie Mae/Freddie Mac), CMBS conduits, and SBA lenders, we shop your refinance to multiple capital sources simultaneously and negotiate the most competitive terms on your behalf.

Refinance Programs

Program	Rate	Term	LTV
Bank Refinance	6.25%, 7.25%	5-10 yr	Up to 75%
Life Company	5.85%, 6.50%	7-25 yr	Up to 70%
CMBS	6.25%, 7.00%	5-10 yr	Up to 75%
Agency (Fannie/Freddie)	5.85%, 6.50%	5-30 yr	Up to 80%
SBA 504 Refinance	6.00%, 6.75%	10-25 yr	Up to 80%

Rates shown are approximate ranges as of Q1 2026 and vary by property type, location, borrower strength, and market conditions.

Refinance Options

Rate & Term Refinance

Replace your existing loan with a lower rate or longer term to reduce monthly payments and improve cash flow. No additional debt, simply optimize your current capital structure.

Cash-Out Refinance

Tap into your property's increased equity to fund new acquisitions, capital improvements, or other investments. Access up to 75% LTV with competitive long-term rates.

Maturing Loan Payoff

Your loan is maturing and needs to be replaced. We find the best permanent financing to pay off your existing debt, whether it's a bridge loan, construction loan, or expiring permanent loan.

Recapitalization

Restructure your entire capital stack, refinance senior debt, add or remove mezzanine financing, buy out partners, or consolidate multiple loans into a single facility.

When Should You Refinance?

Interest rates have dropped since you originated your current loan
Your property value has increased significantly through improvements or market appreciation
Your current loan is maturing within the next 6-12 months
You need cash for capital improvements, new acquisitions, or other investments
Better loan terms are available (longer amortization, interest-only period, non-recourse)
You want to lock in a fixed rate before rates increase
Your property has stabilized after a value-add or lease-up period
You want to consolidate multiple property loans into a single portfolio loan

Why Refinance Through a Broker?

Your current lender will offer you one set of refinance terms, their terms. Working with Commercial Lending Solutions, your refinance is presented to multiple lenders simultaneously, creating competition for your business and ensuring you get the lowest rate, best terms, and highest proceeds available.

Access to 1,000+ lenders, including specialized refinance and permanent debt sources
One application, multiple competing term sheets
We negotiate on your behalf, rate, fees, prepayment flexibility, interest-only periods, and cash-out limits
We analyze your break-even to ensure refinancing makes financial sense
No upfront fees, we only get paid when your loan closes

Prefer to talk? Call the broker directly.

310.708.0690

Trevor Damyan · Mon-Fri 9am-5pm PT

Get Your Refinance Quote

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FAQ

Refinance Questions

Most commercial loans have some form of prepayment protection. Common structures include yield maintenance (compensates the lender for lost interest), defeasance (substituting government securities for the loan collateral), step-down penalties (e.g., 5-4-3-2-1% declining over the loan term), and lockout periods (no prepayment allowed). The type and cost of prepayment depends on your loan documents. Commercial Lending Solutions reviews your existing loan terms and calculates the prepayment cost so you can make an informed decision about whether refinancing makes financial sense after factoring in the penalty.

The break-even analysis compares the total cost of refinancing (closing costs, prepayment penalties, origination fees) against the monthly savings from the new lower payment. Divide your total refinancing costs by your monthly payment savings to determine how many months it takes to recoup the expense. For example, if refinancing costs $50,000 and saves you $3,000 per month, your break-even is approximately 17 months. If you plan to hold the property longer than the break-even period, refinancing likely makes sense. Commercial Lending Solutions provides a detailed break-even analysis for every refinance quote.

Cash-out refinance limits depend on the lender and loan program. Most lenders will refinance up to 70-75% of the current appraised value, with some agency (Fannie Mae/Freddie Mac) programs going up to 80% for qualifying multifamily properties. The cash-out amount is the difference between the new loan amount and your existing loan payoff. For example, if your property appraises at $10M and you owe $5M, a 75% LTV refinance would give you a $7.5M loan, $5M to pay off the existing debt and $2.5M in cash proceeds (minus closing costs).

Some lenders require a seasoning period, typically 6-12 months of ownership, before they will refinance a property based on its current appraised value rather than the purchase price. This is especially common with agency lenders (Fannie Mae/Freddie Mac) and CMBS. If you recently acquired the property and its value has increased significantly through renovations or market appreciation, some lenders will use the as-is appraised value regardless of seasoning, particularly portfolio lenders and credit unions. Commercial Lending Solutions identifies lenders with favorable seasoning policies for your specific situation.

A typical commercial refinance closes in 45-75 days from application, depending on the lender and loan program. Bank and credit union refinances tend to close faster (30-45 days). Agency loans (Fannie Mae/Freddie Mac) typically take 45-60 days. CMBS loans can take 60-90 days due to their more extensive underwriting process. Life company loans generally take 45-60 days. If your current loan is maturing, it's best to start the refinance process 90-120 days before maturity to allow adequate time. Commercial Lending Solutions manages the entire process and keeps your refinance on track from application through closing.

Important Loan Disclosures

Representative Example: A $6,000,000 commercial refinance at a 6.50% fixed rate with a 10-year term and 30-year amortization would have an estimated monthly principal and interest payment of approximately $37,900, representing a savings of approximately $4,200 per month compared to a prior loan at 8.25%. Total amount repayable over the 10-year term: approximately $4,548,000 (balloon balance due at maturity). This example is for illustrative purposes only; your actual rate, payment, savings, and terms may differ.

Rate Range: Commercial refinance rates currently range from approximately 5.85% to 7.50%, depending on loan program, property type, leverage, borrower qualifications, and market conditions at the time of funding.

Fees: Origination fees typically range from 0.5% to 2.0% of the loan amount. Additional costs may include appraisal ($3,000-$10,000), legal fees ($5,000-$15,000), title insurance, environmental reports, and third-party inspections. Prepayment penalties on your existing loan may also apply. All fees will be disclosed in writing before loan commitment.

Loan Terms: Refinance loan terms range from 5 to 30 years with 25-30 year amortization schedules. Cash-out refinancing available up to 75% LTV for most programs. Loans may be recourse or non-recourse depending on the program and lender. Prepayment penalties (yield maintenance, defeasance, or step-down) may apply.

Risks: Commercial real estate loans carry inherent risks including but not limited to: property value decline, interest rate changes, inability to refinance at maturity, tenant vacancy, and potential loss of invested equity or the property itself. Borrowers should consult with qualified financial, legal, and tax advisors before committing to any loan.

Broker Disclosure: Commercial Lending Solutions (Commercial Lending Solutions) is a commercial mortgage brokerage, California DRE License #02244836. Commercial Lending Solutions does not make loans directly. All loans are originated and funded by third-party lenders. Commercial Lending Solutions receives compensation from the borrower, the lender, or both upon successful loan closing. Commercial Lending Solutions is not affiliated with or endorsed by any specific lender.

Commercial Refinance | Lower Your Rate | $1M-$100M+