Commercial Mortgage Loan Refinancing in Washington, Idaho, and Western Montana

Private Money Loans are funded by your millionaire next door. Our investors are most often local individuals with make sense, hands on underwriting. We are not burdened with a loan committee, Board of Directors, or other burdensome institutional lending policies. Refinancing refers to the replacement of an existing debt obligation with a debt obligation bearing different terms.

Refinancing may be undertaken to reduce interest costs (by refinancing at a lower rate), to extend the repayment time, to pay off other debts, to reduce one's periodic payment obligations (sometimes by taking a longer-term loan), to reduce or alter risk (such as by refinancing from a variable-rate to a fixed-rate loan), and/or to raise cash for investment or any other business-related purpose.