Commercial mortgage maturity
Your CRE loan is maturing. What is the next move?
A looming balloon payment creates both a proceeds question and a timing question. Start with the exact payoff, current property cash flow, a supportable value estimate, and the maturity date. This tool organizes those facts before a human review.
Build a maturity action plan ↓Use the time you have
More than 90 days
Confirm the maturity provisions, payoff, extension rights, current NOI, occupancy, and value. Test a conventional refinance and quantify any proceeds gap while there is time to adjust the capital plan.
30–90 days
Seek current lender feedback, request extension terms if appropriate, and prepare a complete package for alternative lenders. A new structure needs enough time for diligence, title, appraisal, documentation, and payoff coordination.
Under 30 days or already due
Speak promptly with the existing lender or servicer about the actual deadline and remedies. Ask a qualified financing professional to assess executable takeout options. If default or enforcement is possible, obtain legal advice specific to the loan documents.
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Build your maturity diagnostic
The result is an educational planning aid. No contact record is created unless you choose a human review and submit the quote form.
Your maturity priorities
The two numbers to reconcile
Payoff: the balance and costs that must be retired by the deadline. Likely refinance proceeds: what current cash flow, value, lender criteria, and property condition may support. A gap between them may require an extension, additional equity, another capital structure, or a sale. Use the refinance gap calculator for an initial illustration; it is not underwriting.
If your bank has already declined or reduced the refinance, use the bank-declined second look to capture its reason. Bring the loan documents, current operating statements, rent roll, payoff statement, and any extension correspondence to a human review.
Questions to resolve before the balloon payment
What happens when a commercial mortgage reaches maturity?
The loan agreement controls. Any unpaid balance is generally due at the contractual maturity date unless the lender agrees to an extension or another arrangement. Obtain a current payoff statement and review the loan documents; do not assume an extension is automatic.
What if refinance proceeds are below the payoff?
Separate the gap caused by property value from the gap caused by cash flow, lender leverage limits, fees, or reserves. Use the refinance gap calculator as an illustration, then have a professional test the numbers against actual terms.
Can a bridge loan solve a maturity problem?
It may provide time in some cases, but it adds cost and requires a supportable exit. Compare it with an extension, equity contribution, permanent refinance, or sale. None is appropriate without reviewing the property, sponsor, documents, and deadline.
Fintek Capital provides an educational planning aid and human scenario review, not a funding commitment or legal advice. Learn about the team or request a review.