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Hi All,
We are in the market to refinance our underlying mortgage. We want to explore what options and products are available and are looking for a few contacts. We have a call into NCB and Amalgamated neither has returned our calls, but we are patient.
If you have a contact or can share your experience, including what type of restrictions and issues boards are seeing during this process it would be appreciated.
Some background information - We are a small building (57 units) with a large sponsor presence (29 units) and with local law 11 and elevator work required - we are already behind the preverbal 8 ball – though we have had good financial results the last two years and have built up our reserve fund and are working to bring our building to another level.
Any feedback, thoughts/comments, and guidance on the refinance process will be appreciated.
Thanks
David
Can't say enough about Mindy-she is slow on returning calls but that's cause she's really good and in demand. Stay away from mortgage brokers whatever you do and beware prepayment penalties.
Good luck!
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