REFINANCING -- LOAN RATES ($1 MILLION) & ROSANO CAPITAL MARKETS LOAN SERVICES
The current rate for a $1 million loan is 4.35% for a 5 year term. Please note our lender has a favorable 30/360 amortization which translates to a savings of 6 basis points a year. That means the effective rate is actually 4.29% when compared to lenders with actual/360 basis!
Our lender can also offer you 7 or 10 year terms if that is something you would be interested in.