Construction Loan Coming Due After Project Completion
Construction Loan Coming Due on a Completed Project
Refinance the loan, buy time, and avoid being forced into a rushed sale.
- Pay off your current construction lender
- Extend runway to sell or refinance
- Bridge financing for completed or near-complete projects
- 12–24 month terms with interest-only options
- Close in as little as 2–3 weeks
Built For Builders, Developers & Investors
Who This Is For
- Builders with completed or near-complete projects
- Construction loan maturity approaching or already due
- Property listed for sale or preparing to list
- Borrowers needing time to exit properly
- Builders looking to refinance out of construction debt
Where Completed Projects Get Stuck
- Loan coming due with no extension available
- Property not selling fast enough
- Carry costs increasing monthly
- Pressure to accept a lower offer
- Equity trapped in the deal
- Banks unwilling to refinance speculative inventory
- Timing mismatch between completion and sale
How We Structure These Deals
We refinance your construction loan into a short-term bridge structure that pays off your current lender and gives you time to sell, lease, or reposition the property.
- Pay off construction loan before or after maturity
- Extend runway to sell or refinance
- Structure based on current value and exit strategy
The goal is to remove time pressure so you can exit the deal on your terms
Why Builders Use This Structure
- Avoid forced or distressed sales
- Maintain pricing power and control
- Buy time to find the right buyer
- Reduce pressure from loan maturity
- Protect profit margins
- Bridge the gap between completion and exit
Deal Snapshot
Completed Project with Loan Coming Due
Completed Spec Home Project
The Situation
- Total project cost: $1.35M
- Existing construction loan: $930,000
- Property listed for sale
- Loan maturity in 30 days
The Problem
- Buyer activity slower than expected
- Lender would not extend the loan
- Builder under pressure to reduce price
- Risk of selling below market value
The Solution
- Refinance into short-term bridge loan
- Paid off existing construction lender
- Provided time to market and sell property properly
- Structured around current value and exit plan
D. Terms / Outcome
- Loan amount: $1,000,000
- Term: 12 months
- Rate: 10%
- Interest-only payments
- Builder avoided forced sale and exited at a stronger price
More Scenarios & Case Studies
Need To Close Fast?
Need To Refinance?
Ready to go vertical?
Ready to go Horizontal?
Got Land Equity?
Build & Hold?
FAQ
How fast can you close?
Some deals can close in as little as 14–21 days depending on complexity.
Is there really no prepayment penalty?
Yes. This structure is designed to allow early payoff without penalties.
Can I sell or refinance the property anytime?
Yes
Do I need a buyer under contract?
No. This structure gives you time to find the right buyer.
Can this work if my bank already said no?
Yes. Many of these scenarios don’t fit traditional lending guidelines.
What loan terms are typical?
Usually 12–36 month bridge loans with interest-only payments.
Have a similar deal?
Call Now To Discuss: 240-253-6003
or send details to Deals@verticalfunder.com