MetLife might be willing to modify the existing loan. If the purchaser pays the 2% payoff penalty MetLife might consider lowering the interest rate of the existing loan to 5.5% for five years, or 5.7% for the remaining term of seven years.

     Depending on the financial statement of the purchaser and the entity type of the purchaser, MetLife would entertain mortgaging 55% to 70% of the purchase price.