Commercial Real Estate Refinancing Solutions in Salt Lake City, UT
In today’s competitive real estate market, refinancing commercial real estate in Salt Lake City, UT can be a great way to take advantage of lower interest rates and better loan terms. Refinancing can also help you save money over the long term by reducing your monthly payments and helping you pay off your loan faster. Synergy Commercial Funding is based in Salt Lake City, and we work directly with clients who have property investments in the area to help them refinance for a wide range of reasons. Refinancing programs from Synergy Commercial Funding features:
- Low interest rates
- Generous terms
- Manageable payments
- Cash-out options
- Available for single properties and entire portfolios
Synergy Commercial Funding provides refinancing solutions for a variety of commercial property types in Salt Lake City, including but not limited to:
- Owner-occupied
- Mixed-use
- Industrial
- Raw land
- Office space
- Retail
- Industrial
- SFRs/Condos/Townhomes
- Short-term/vacation rentals
- Multifamily residences
- Restaurants
- Event spaces
We offer refinancing for commercial real estate throughout the Salt Lake City area, including:
- Sugar House
- Downtown
- The Avenues
- Bonneville Hills
- Glendale
- Liberty Wells
- Central City
- Rio Grande
Reasons to Refinancing Your Commercial Investments
There are many reasons to refinance commercial real estate with Synergy Commercial Funding, including:
Lower Interest Rates
When you refinance your commercial real estate in Salt Lake City, UT, you can take advantage of the current lower interest rates and secure a much lower rate than the one you have now. This could reduce your monthly payments significantly if the new loan has a longer term.
Tax Benefits
Depending on how long you’ve been paying off your commercial property loan, you may also be eligible for some tax breaks. A refinance could make it easier for you to take advantage of these benefits and save money in the long run.
Cash Out
If your property has appreciated in value over time, then you may want to consider a cash-out refinance. This will allow you to access some of your equity and use it as collateral for a larger loan that can be used for other investments or purchases.
Property Improvements
If you have investment properties in Salt Lake City, refinancing them with Synergy Commercial Funding will allow you to free up capital that you can use to make renovations and improvements. This is especially useful for owner-occupied properties, as well as fix and flip or fix and hold projects.
Growing Your Portfolio
By refinancing, Salt Lake City investors can take out a line of credit to purchase more investment properties and diversify their portfolios.
Contact Us
Whether you want to refinance an individual property, multiple investments, or your entire portfolio, Synergy Commercial Funding can help. Our team will work with your directly to understand your needs so you can take advantage of lower interest rates, more manageable payments, and cash-out options. Reach out to the team at Synergy Commercial Funding today to get started.