Tempe refinance starts with the note on the property. The one we can show is small and specific: single-tenant dental and medical office, cash-out refinance, $745,000, 2022, prior firm. That closing is useful because it happened. It is not a minimum, a maximum, or a model for a Tempe apartment loan.
A rate-and-term refinance of Tempe industrial, retail near the university, or a leased apartment community is shopped to the source that fits that rent roll. Fannie Mae and Freddie Mac are for multifamily. We are not a DUS lender. Life company, bank, and CMBS are for commercial property. Arizona State University explains the city's housing demand. It is not a campus lending program.
Cash-out versus replacing the note
The published card is a cash-out. If your Tempe refinance pulls equity, the proceeds question is on the Tempe cash-out page, which uses the same single card and does not add a second one. If you are only replacing the coupon or meeting a maturity, you are still on a refinance, and you do not have a published Tempe example of that narrower request.
Phoenix cash-outs are Phoenix. Chandler's office loans are not labeled refinances of Tempe assets. They stay off this page.
Small balance is not a separate product
The $745,000 file closed. Whether the next Tempe loan can be that size depends on the capital source, not on a floor stated on this page. Some life-company and agency boxes will be too large for a single suite. A bank or credit union is often the honest read on a smaller medical building.
Send the address, the payoff, and the lease. Medical office detail also sits on Tempe medical office.
Tempe market context
- Arizona State University, Tempe campus
- Arizona State University’s main campus is in Tempe. Student-oriented housing is not a separate product line on this desk. A Tempe apartment is underwritten to its rent roll, not to the university’s enrollment. Arizona State University