How it works

A maturing loan is a project with a deadline. Here is how we run it, from your first message to closing day.

From first message to closing

Tell us about your loan
Send the basics through our contact form: property type and location, approximate loan balance and maturity date. That is enough for a first look.
Talk it through
We set up a short call to understand the property, your goals and your timeline. A lower payment, a longer term, cash out and more flexibility each point to different lenders.
We build your loan package
You send the standard documents. We organize them into a lender-ready package with a clear summary of income, expenses, debt service coverage and loan-to-value.
Lenders compete for your loan
We present your loan to the lenders whose programs fit it, across banks, credit unions, life companies, agency and CMBS lenders, debt funds and SBA lenders.
Compare offers side by side
You see each offer's rate, term, amortization, leverage, recourse and prepayment terms in one place, explained in plain English.
Close on time
Once you choose, we help coordinate the application, appraisal, third-party reports and closing so your current loan is paid off before it comes due.

A commercial refinance usually takes two to three months from application to closing. Starting early leaves time to compare offers and negotiate.

12 to 24 months out
Plan
Review your loan, your goals and your documents.
6 to 12 months out
Go to market
Lenders quote your loan and you compare the offers.
3 to 6 months out
Choose a lender
Sign a term sheet and complete the application.
Final 3 months
Close
Appraisal, third-party reports, final approval and closing.

Every lender runs these. Knowing yours before you go to market tells you what to expect.

DSCRDebt service coverage ratio: Net operating income ÷ annual loan paymentsShows how comfortably the property's income covers the new loan. Many lenders look for 1.20x to 1.35x.
LTVLoan-to-value: Loan amount ÷ appraised valueSets how much you can borrow against the property. Many lenders cap it between 60% and 75%.
Debt yieldIncome return on the loan: Net operating income ÷ loan amountA check some lenders use that ignores the interest rate. Minimums often fall around 8% to 10%.

Having these ready makes your loan faster to quote and easier to approve.

A current rent roll
Operating statements for the last 12 months
Operating statements for the two prior years
Your current loan statement
Property details: size, year built and recent improvements
Personal financial statements and schedules of real estate owned for the principals
Recent tax returns for the property entity and principals

Don't have everything yet? Start anyway. We'll tell you what your loan needs.

Send us a few details about your loan, and we'll get back to you with next steps.