Skip to form
Extension Request Form
In order to expedite your extension request and keep your loan current, please complete the below form in its entirety. If you do not need an extension but your your loan is up on maturity, we ask that you still complete the form.
Borrower First Name
*
Borrower Last Name
*
Email
*
Email associated with your Upright account.
Extension Property Address
*
Servicer ID
You can locate this data by logging into your borrower dashboard. Providing this data will help expedite your extension request.
Exit Strategy
*
How will you be repaying the loan?
Please Select
Sell
Rent and Refinance
Refinance with other lender
Payoff
Percent Complete
*
What percentage complete is the construction at the time of this extension request?
Updated Estimated Exit Date
*
Please provide your best estimate for when you expect to repay the loan.
Month
/
Day
/
Year
Reason Extension Needed
*
Please select from one of the below options that best describes why you need an extension. If you do not need an extension, please select the appropriate option.
Please Select
Focusing on other projects
Liquidity Issues
General Contractor Issues
Listed on market, no interested buyers
Permitting/Approval Delays
Refinance fell through
Sale fell through
Weather Delays
Working through refinance, moving slow
Other
No Extension Needed
Extension Details
*
Please provide two or more sentences on why you are requesting an extension and any other information that will be helpful when considering extending your loan. If you do not need an extension, please explain why.
Updated Insurance
*
Please provide proof of insurance showing coverage through the requested extension term. You may need to get this from your insurance agent. Your extension request will not be processed if this is not uploaded.
Even if not requesting an extension, we need proof of insurance to prevent forced-placed insurance being applied to your loan.
Extension Term
*
Please let us know how much additional time you would like the loan extended. If your loan is approved for extension, final extension term will be reflected in the extension agreement.
Please Select
1 month - 30 days
2 months - 60 days
3 months - 90 days
4 months - 120 days
5 months - 150 days
6 months - 180 days
Not Needed
Extension Payment Due
*
Please select if you would like to pay this now or upon payoff. If you select at payoff there will be an additional 50bps added to the extension fee and is subject to lender approval.
Please Select
Pay Now
Pay at Payoff
Extension Not Needed
Extension Pricing
*
Please let us know what your preferred charge is for this extension. The typical rate is 1% for each 3 months of extension, if paid up front. This may be adjusted higher if your loan has already been extended once, is deferred to payoff or for other reasons at the lender's discretion. If your loan is approved for extension, final pricing will be reflected in the extension agreement.
Please Select
1%
1.5%
1.75%
2%
2.25%
2.5%
2.75%
3.0%
3.5%
Extension Not Needed
Submit