One of the most common questions commercial real estate investors ask: how fast can this close? The answer depends entirely on the type of loan you’re using.
Hard Money / Private Money — 7 to 14 Days
Hard money loans are the fastest option in Texas. Because underwriting is based purely on property value — not income, tax returns, or credit score review — the process is streamlined. A simple hard money loan on a straightforward property can close in as few as 5 to 7 business days.
Bridge Loans — 10 to 21 Days
Bridge loans on commercial properties typically close in 10 to 21 days. The timeline depends on the complexity of the deal and how quickly title can clear.
Stated Income / Bank Statement Loans — 3 to 5 Weeks
Stated income programs require some documentation review but are still significantly faster than conventional loans. A clean deal with clear property income can close in 3 weeks.
Conventional / Bank Loans — 30 to 90 Days
Conventional commercial loans require extensive documentation, appraisals, environmental reviews, and committee approval. Realistic timelines are 45 to 90 days for most commercial bank loans.
SBA Loans — 60 to 120 Days
SBA loans have the longest timelines due to government processing requirements. Expect 2 to 4 months minimum.
What Slows Down a Commercial Loan in Texas
- Title issues or liens on the property
- Slow appraisal scheduling
- Missing documentation
- Environmental issues on commercial properties
- Lender conditions that take time to satisfy
If you need to close fast, call 877-895-3634. Commercial Loans of Texas specializes in speed.