What are my options if refinancing cannot close before my loan matures?
Direct answer
If refinancing can't close before maturity, common options include negotiating an extension with your current lender, taking a bridge loan of 12 to 36 months, paying down part of the loan, bringing in new equity, or selling all or part of the property, including through a sale-leaseback.
What to know
Talk to your lender early. Extensions are easier to negotiate before a default than after.
Bridge loans buy time to stabilize occupancy and qualify for permanent financing.
Equity or a partial sale can reduce the loan amount you need.
How Haven helps
Haven helps owners find capital and compare options; Haven is not a lender. See our capital solutions.
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