A shareable planning aid for lenders, property managers, advisers, and investors who want to begin exit conversations well before maturity.
Purpose of the checklist
Use this resource to begin a practical exit conversation early. It is designed for education and coordination, not to recommend a lender, promise a refinance, or replace the borrower’s legal, tax, accounting, or investment advisers.
Confirm the current loan
Verify maturity, payoff process, payment status, extension process, applicable charges, minimum-interest or prepayment provisions, notice requirements, and the correct lender contact.
Define the preferred and backup exits
Document whether the working path is refinance, sale, stabilization then refinance, added equity, partnership, extension, or another lawful resolution. Name the facts each path depends on.
Review property readiness
Check renovation completion, permits, utilities, safety, occupancy, leases, rent, insurance, taxes, access, deferred maintenance, and any condition that could affect value or eligibility.
Organize the file
Gather entity and title records, current loan documents, property schedules, leases or rent rolls, income and expenses, renovation evidence, insurance, taxes, and requested borrower information through secure channels.
Create a decision calendar
Set checkpoints at 180, 150, 120, 90, 60, and 30 days when practical. Assign responsibility for open items and define the date when a backup path must be activated.
Keep communication factual
Avoid promises about approval, rates, proceeds, valuation, qualification, or timing. Identify which facts are verified, which are borrower estimates, and which remain subject to third-party review.
Escalate warning signs
Escalate material delays, unresolved title or permit issues, unsupported value or rent assumptions, falling reserves, property access problems, partner disputes, or a timeline that no longer supports the intended exit.
Frequently asked questions
May a partner co-brand this checklist?
Ask first through the partnership form. Any approved version should preserve the educational disclaimer, avoid promises, and keep company and compliance information accurate.
Does sharing this checklist create a referral relationship?
No. The resource does not promise compensation, reciprocal links, referrals, approval, or a transaction.
Does this guide state current lender requirements?
No. It provides a planning framework. Credit, leverage, DSCR, reserves, seasoning, property, documentation, pricing, and timing requirements vary and must be confirmed for the actual transaction.
Is this legal, tax, accounting, or individualized financial advice?
No. Use the guide to organize questions, then consult qualified professionals about your documents, obligations, taxes, ownership, and investment decisions.
Property-specific questions