★★★★★ 4.8 Google Reviews   |   ✓ Direct Lender Since 1998   |   ✓ No Upfront Fees   |   ✓ 48-Hour Approvals   |   ✓ All Credit Welcome

Contact Us

Get In Touch

If you got any questions, please do not hesitate to send us a message. We reply within 24 hours!

For your convenience, we can provide all information and loan processing right over the phone.

Our Email

texlend@gmail.com

Our Phone

877-895-3634

Our Hotline

(877) TX-LENDING

Service Areas: Houston | Dallas | Austin | San Antonio | Fort Worth | Near Me TX Construction Rates
Common Questions: Credit Score Required | How Long to Close | Hard Money vs DSCR | Bad Credit OK | DSCR Requirements | No Income Verification | Minimum Down Payment | Documents Required
✆ Call 877-895-3634 📄 Free Quote
Broker & Referral Partners

Your Clients Get Funded.
You Get Paid. Fast.

We work with commercial mortgage brokers, residential agents, financial advisors, and CPAs across Texas. When your client needs a commercial loan we can close, you earn a referral fee at closing — no license required.

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Referral Fees at Closing

Paid directly to you at closing. No waiting, no invoices. We handle all paperwork.

Fast Answers, No Runaround

You get a direct line to the decision-maker. Term sheet in 24–48 hours, not 2 weeks.

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We Never Poach Your Client

Your relationship stays yours. We close the deal and you stay in the loop the whole way.

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No License Required

Referral arrangements are available to anyone in Texas. CPAs, attorneys, agents — all welcome.

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All Property Types

Office, retail, industrial, multifamily, mixed-use, land, hard money — we cover all of it.

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Direct Lender = Real Answers

No middle-man, no broker chain. We underwrite in-house, so we know immediately if we can close.

Step 01

Send Us the Deal

Email or call with the property address, loan amount, and what the borrower needs. Takes 2 minutes.

Step 02

We Respond in 24 Hours

You get a preliminary term sheet or a clear "no" — never left wondering. No wasted client time.

Step 03

We Close the Deal

We handle everything from here. You stay copied on key milestones so your client stays happy with you.

Step 04

You Get Paid

Referral fee wired at closing. Simple, clean, and no paperwork headaches on your end.

"I had a client with a $1.2M warehouse purchase that kept getting turned down by conventional lenders. Sent it to Commercial Loans of Texas on a Friday — had a term sheet Monday morning. Closed in 19 days. My client was thrilled and I had a new referral source for life."

— Commercial real estate agent, Houston TX

Send Us Your Next Deal

No obligation. We'll tell you in 24 hours if we can close it, what the rate looks like, and what your referral fee would be. Most brokers send us 3–4 deals a month once they see how fast we move.

How It Works

From First Call to Funded:
Our 5-Step Loan Process

We've closed Texas commercial loans in as few as 7 business days. Here's exactly how the process works — and why we move faster than any bank you've tried.

1
Day 1 — Same Day

Submit Your Deal

Fill out our one-page application or call Daniel directly. We need the basics: property address, purchase price or loan amount, property type, and your exit strategy (or refinance goal). No financials required at this stage.

Daniel personally reviews every submission. You won't deal with a junior processor or an automated system.

1-page applicationNo financials yetSame-day review
2
Day 1–2 — Within 24 Hours

Term Sheet Issued

We issue a non-binding term sheet with proposed loan amount, rate, LTV, and term. This is a real answer from a real decision-maker — not a "we'll get back to you" after a committee meeting.

If the deal needs structure (e.g., different LTV, IO period, partial release provisions), we discuss it now — not after you've spent $2,000 on an appraisal.

Rate + LTV + termDirect from DanielNegotiable structure
3
Days 3–7 — Underwriting

Property Underwriting & Due Diligence

We order a third-party appraisal (or desktop BPO for smaller deals) and review property condition, title, rent rolls, and market comps. For income-producing properties, we underwrite to DSCR — not personal income.

We work in parallel with your attorney and title company. Most commercial lenders work sequentially — we don't. That's how we cut weeks off the timeline.

Appraisal orderedTitle reviewDSCR underwritingParallel processing
4
Days 7–12 — Approval

Loan Commitment Letter

Once underwriting is complete, we issue a firm loan commitment letter — the binding agreement that says we will fund this loan at these terms. No more surprises at the closing table.

Conventional banks issue commitments only after 30–60 days of processing. Our commitment comes in week two — giving you time to negotiate, satisfy contingencies, or plan your rehab.

Binding commitmentFixed termsNo last-minute changes
5
Days 10–21 — Closing

Close & Fund

We coordinate directly with your title company to schedule closing. Funds wire the day of closing. Most of our loans close in 2–3 weeks total — some faster when the property and title are clean.

We remain your lender for the life of the loan. No loan servicing transfers. Same contact, same terms, same relationship — whether you're in month 3 or year 5.

Wire same day2–3 week closeNo servicing transfers
Commercial Loans of Texas

Direct Lender — Our Speed

Term sheet in 24 hours
Close in 2–3 weeks
One decision-maker (Daniel)
DSCR underwriting — no W-2 needed
All property types funded
Flexible structure (IO, partial release)
No arbitrary 10-loan limits
Traditional Bank

Typical Bank Timeline

Pre-approval in 1–2 weeks (maybe)
Close in 60–90 days
Committee approval required
Full tax returns, P&L, W-2s required
Rigid property type restrictions
Standardized terms only
Strict DTI and property count limits

Documents We Need — vs. What We Don't

We keep the paperwork minimal. Here's what's actually required for a standard commercial loan:

What We Need

Property address and description
Purchase contract or current mortgage statement
Rent roll (if income-producing)
Entity docs (if LLC or corporation)
Photo ID and basic borrower profile
Exit strategy or refi rationale

What We Don't Need

W-2s or personal income verification
2 years personal tax returns
Business P&L statements
Bank statements (most deals)
Employment verification letters
Fannie/Freddie eligibility documentation

Start Your Loan in the Next 5 Minutes

One short form. Daniel reviews it today and sends a term sheet within 24 hours. No commitment required.

Submit Your Deal →
About Our Team

30 Years of Texas Commercial Lending —
Not a Bank. A Direct Lender.

DP

Daniel Peterson

Founder & Senior Loan Officer
30+Years Lending
$500M+Loans Closed
TXState Only
DirectLender

Why I Started Commercial Loans of Texas

I've been in Texas commercial lending since the early 1990s — through the S&L crisis, the dot-com bust, 2008, COVID, and the rate spike of 2022–2023. I've seen every market cycle, and I've funded deals that banks walked away from in every single one of them.

What frustrated me about working inside large institutions was the bureaucracy. A small business owner with a great deal and real equity would get declined because of a DTI ratio calculated off a W-2 they didn't have. A real estate investor with 15 profitable rentals couldn't get loan #16 because of Fannie Mae's arbitrary 10-property cap.

I started Commercial Loans of Texas to be the lender I wished existed when I was a borrower. No committee. No 60-day wait for a "no." No junior underwriters who've never seen a real property. Just a direct decision from someone who's been doing this for three decades.

We focus exclusively on Texas because I know this market. I know what DFW cap rates look like in a correction. I know which Houston submarkets hold value. I know the Texas foreclosure process cold. That local knowledge is what lets me say yes faster and with more confidence than any out-of-state lender can.

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Direct Lender Since 1993We use our own capital — no broker chains, no warehouse lines to satisfy, no third-party approvals
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30+ Year RelationshipsMany of our borrowers have done 5–20+ loans with us over the decades. Repeat business is how we measure trust.
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Texas Exclusive FocusWe don't lend in 50 states and stretch thin. Texas only means deep local expertise on every deal we underwrite.
24-Hour Term SheetsOne decision-maker. No committee. You get a real answer in one business day, not two weeks of silence.
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All Property TypesOffice, retail, industrial, multifamily, mixed-use, hard money fix-and-flip, land, and specialty properties.
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Seen Every CycleFunded deals through S&L crisis, 2001, 2008, COVID, and the 2022–2023 rate spike. We don't panic when markets move.

My Lending Philosophy

"The most important thing in commercial lending isn't the borrower's credit score — it's the deal. A great property with strong equity and a clear exit strategy is fundable. I've said yes to borrowers with 580 credit scores on deals banks wouldn't touch, and I've said no to borrowers with 780 scores on deals that didn't make sense. The property is the collateral. That's what I underwrite."

Talk to Daniel Directly

Submit your deal and Daniel personally reviews every application that comes through. No junior staff, no auto-denials. A real human decision from someone who knows Texas commercial real estate.

Submit Your Deal →
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📞 Free Quote — 877-TX-LENDING (877-895-3634)