Your commercial balloon note is maturing. RefiLoop specializes in time-sensitive balloon refinances — connecting you with 7,000+ lenders competing to replace your loan before the maturity clock runs out.
What Is a Balloon Payment on a Commercial Mortgage?
A balloon payment is a large lump-sum payment due at the end of a commercial loan term, representing the remaining principal balance. Most commercial mortgages are structured with a 5, 7, or 10-year term and a 20–30 year amortization schedule. When the term ends, the full remaining balance is due.
What Happens If You Can’t Refinance?
If you cannot refinance before your balloon comes due and cannot make the balloon payment, your lender can declare the loan in default. This can lead to foreclosure, loss of the property, and damage to your credit and reputation. This is why starting the refinance process early — ideally 6–12 months before maturity — is critical.
RefiLoop’s Balloon Refinance Process
- Submit your deal. Tell us your property address, current loan balance, maturity date, estimated property value, and property type.
- We identify lenders. We approach 15–20 lenders most likely to compete on your deal.
- You receive 3–5 offers within 48 hours. Compare rates, terms, and closing timelines. Pick the best offer.
Can RefiLoop Help With Distressed Timelines?
Yes. We regularly work with borrowers who have 30–90 days before maturity. Bridge loans can often close in 2–4 weeks, buying time for a more favorable permanent refinance once stabilized.
Get Competing Balloon Refinance Offers Now
Submit your deal and receive 3–5 competing term sheets within 48 hours. No cost. No exclusivity.