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Refinance Mortgages

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Open refinance mortgage loans

You should get an open refinance mortgage loan! Why? Because it's the kind of refinance mortgage loan that you can 'pay off' or make 'prepayments' on whenever you want to - even if it's before your mortgage loan's term is over.

So, if you use a refinance loan to get equity out of your commercial real estate, you can pay back your cost of getting that cash out of your commercial real estate whenever you please, without paying a fee to your mortgage lender for doing so.

To get more info on open refinance mortgage loans, contact one of The Mortgage Store Online's brokers by using the refinance contact form, or by calling them at 1-866-674-0548.

Extra info tidbit - for this commercial type of refinance loan:

Terms for open mortgage loans:

If you use institutional lenders, you can get short terms (6 months to 5 years) and long terms (6 years to 18 years) for refinance mortgages - with a 6 month to one year term length being the most common. Or, if you use private lenders, you can get short and long terms for refinance mortgage loans.

Read more information about commercial open refinance mortgage loans.

Commercial refinance mortgage loan types

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The Mortgage Store Online, Inc.
Canadian Head Office: 54 Vansittart Avenue Woodstock, Ontario, Canada N4S 6E4
Home Mortgages: Phone: 1-866-880-2577 Fax: 1-866-270-1984
Commercial Mortgages: Phone: 1-866-674-0548 Fax: 1-866-876-3956

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