Can I Extend or Refinance My Loan?
Ask to extend before maturity, or open a new loan and settle the old one with the proceeds.
Updated
If you would like more time, contact us at least ten business days before maturity. Subject to review, we can extend the term or issue a new loan whose proceeds settle the existing balance.
What Changes
- The interest rate is set at current market rates for the new term.
- Your collateral requirement is recalculated using current prices.
- Any accrued interest must be paid before the extension takes effect.
