Phoenix refinance requests are originated from Scottsdale against the note the sponsor already has. Prepay, proceeds, and timing come first. The source is Fannie Mae or Freddie Mac for multifamily that fits, life company or CMBS for commercial property, a bank when the relationship matters, and bridge only if the asset is not a permanent file. We are not a Fannie Mae DUS lender. Neither published Phoenix card is labeled as a Fannie Mae loan.
Two originations name Phoenix, and both are cash-outs from prior firms. Harvard Court multifamily, $1,350,000, 2022. Dual-tenant industrial, about 90,000 square feet, $5,000,000, life company, permanent cash-out, 2019. Tempe's $745,000 medical refinance is Tempe. Scottsdale's Airpark refinance is Scottsdale. Putting them on a Phoenix page would be a doorway trick, so they are not here.
Statewide rate-and-term and cash-out live on the Arizona refinance page. The cash-out page adds the Tempe card to these two Phoenix cards. This page is the city.
Sources for a Phoenix refinance
- Life company
The Phoenix industrial cash-out was life company.
- Fannie Mae
A stabilized Phoenix apartment refinance. Not a DUS lender. Harvard Court is not labeled Fannie Mae.
- Bank and credit union
A Phoenix refinance that should stay on a portfolio.
- Cash-out
Both Phoenix cards are cash-outs. Tempe is included on that statewide page.