Can you get a commercial real estate loan with no credit check in Texas? Yes — with asset-based lending programs, the property serves as its own collateral, and your credit score is either secondary or irrelevant. Here is how these programs work and who qualifies.
What “No Credit Check” Really Means for Commercial Loans
True no-credit-check lending means the lender does not pull or use your credit score to make a lending decision. Asset-based and hard money lenders do this routinely — the property value is their security, not your creditworthiness.
Some lenders run a “soft pull” (which does not affect your score) but do not use the score as a qualifying factor. Either way, a commercial loan with bad credit or no established credit is achievable in Texas.
Programs Available: No Credit Check or Bad Credit OK
Hard Money Commercial Loans
Hard money lenders are purely asset-based. They look at one thing: is the property worth enough to secure the loan? If the LTV is acceptable (typically 60-70%), many hard money lenders will close regardless of credit score. This is the most direct path to a commercial loan with no credit check in Texas.
- No minimum credit score on most programs
- No income verification
- Close in 7-10 days
- Loan amounts from $100,000 to $10M+
- Terms: 6-24 months (interest-only)
Bridge Loans with Asset-Only Underwriting
Short-term bridge loans can often be made on asset-only terms for Texas commercial properties. The lender focuses on the property value and the exit strategy — not credit. Great for acquisitions, ownership transitions, or situations where permanent financing is being arranged.
Stated Income Commercial Loans
Stated income commercial programs do require a credit score (typically 600+), but no income verification. The lender accepts your stated income without requiring tax returns, pay stubs, or W-2s. Not technically “no credit check,” but a workable option if your score is reasonable but your income documentation is non-standard.
What the Lender DOES Look At (When Credit Is Not a Factor)
- Property value — drives the loan amount (60-70% LTV is typical)
- Property type — commercial, multifamily, industrial, retail, office
- Exit strategy — how will the loan be repaid? (sale, refinance, cash flow)
- Location — major Texas markets get better terms than rural properties
- Equity position — the more equity you bring, the better the terms
Who Uses No-Credit-Check Commercial Loans in Texas?
- Real estate investors who have had past credit issues and are rebuilding
- Foreign nationals with no US credit history
- New LLCs with no credit history of their own
- Business owners who went through bankruptcy years ago and now have equity
- Self-employed borrowers whose tax returns show losses but who have substantial real estate equity
How Much Can You Borrow?
On asset-based programs, the loan amount is driven entirely by the property’s value. Most hard money and no-credit commercial loans are structured at 60-70% LTV. On a $500,000 commercial property with no existing mortgage, you could access $300,000-$350,000 in financing with no credit score requirement.
What to Expect in Terms of Rates and Fees
No-credit-check commercial loans carry higher interest rates than conventional loans (typically 10-14% annualized) because the lender is taking on more perceived risk. Origination fees of 1-3 points are standard. These are short-term loans — borrowers typically use them for 6-18 months and then refinance into a lower-rate permanent loan once the deal is stabilized or their credit position improves.
Getting Started
Commercial Loans of Texas has been providing asset-based commercial loans to Texas borrowers since 1998. Whether your credit is excellent, impaired, or non-existent (new LLC, foreign national), we evaluate the deal — not the credit report.
Tell us the property address, current value, loan amount needed, and how you plan to exit the loan. We respond same day. Call 877-895-3634 or apply online.