Are there any mortgage companies willing to REFINANCE someone with a great credit score?

We own a plum commercial building in the middle of the best part of the downtown area of a small town. I have top credit---over 800. My sister has about 780. We want to refinance. Our interest rate is 8.5%. Are there any reputable companies that will refinance for a much better rate??

Public Comments

1. Yeah, as long as you have enough equity to refinance you certainly can get 5.0%-5.5%. If you have an FHA/VA loan you can even have negative 5% equity and still refinance.
2. Yes, but credit scores are not the only factor.
3. Maybe, but the commercial real estate market has tanked and you probably don't have enough equity to cover your loan amount.
4. call first and then visit mortgage brokers; ask if they do commercial. Agree to pay no front fees whatever; no app fees, no appraisal fees, credit check fees. none; all of those should come of the new loan
5. Suggest you start with the local, independent banks