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

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Interest rates

Current Commercial Loan Interest Rates

Updated June 2026 — Direct lender rates, priced in-house

Loan ProgramLTVTermMin. Loan
Hard MoneyUp to 70%6–24 mo$200K
DSCR Investor LoanUp to 75%5/1 ARM – 30yr$150K
Stated Income CommercialUp to 65%1–30 yr$200K
SBA 7(a) / 504Up to 90%10–25 yr$250K
Construction LoanUp to 70% LTC12–24 mo$250K
Church / Non-ProfitUp to 65%5–20 yr$200K
30-Year FixedUp to 75%30 yr$150K
Cash-Out RefinanceUp to 65%6 mo–10 yr$150K
Bridge LoanUp to 70%6–18 mo$200K

Rates are quoted per deal — call 877-895-3634 for today’s number on your deal.

Note: Rates shown are indicative ranges as of June 2026. Your actual rate depends on credit profile, property type, LTV, and loan term. Call us for a precise quote — we never charge upfront fees.

Get Your Exact Rate Today

Takes 2 minutes — no obligation, no upfront fees

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Or call: 877-895-3634

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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
Loan Type Guide

5 Types of Texas Commercial Loans —
Which One Do You Need?

Bridge, hard money, construction, permanent, SBA — each serves a different purpose at a different cost. Here's how they compare so you can match the right loan to your deal.

1
Bridge Loan

Bridge Financing

Short-term gap financing, 6–36 months
RateQuoted on your deal
Term6–36 months
Max LTV75–80%
AmortizationInterest-only
Close Time2–4 weeks

Used to bridge from one state to another: buy before you sell, buy a property that needs stabilization before a permanent loan, or fund a value-add project before a conventional refinance. Lower rate than hard money, slightly slower close.

2
Hard Money

Hard Money Loan

Asset-based, fast close, distressed properties
RateQuoted on your deal
Term6–18 months
Max LTV75–85% of purchase
AmortizationInterest-only
Close Time7–14 days

The fastest close, highest rate. Used for fix-and-flip, auction purchases, and distressed acquisitions that can't qualify for bridge or conventional. Property condition is irrelevant — we lend on ARV and equity.

3
Construction

Construction Loan

New builds and major rehabs, draw-based
RateQuoted on your deal
Term12–24 months
Max LTC75–80% of cost
AmortizationDraw schedule (IO)
Close Time3–5 weeks

Funds released in draws as construction milestones are met — not upfront. Interest only on drawn amount. Converts to permanent loan or is paid off upon completion. Requires approved plans, permits, and a licensed GC.

4
Permanent / DSCR

Permanent Loan

Long-term hold, income-producing property
RateQuoted on your deal
Term5–30 years
Max LTV75–80%
Amortization25–30 years
Close Time2–4 weeks

The long-game loan: stabilized rental income qualifies the loan, not your personal W-2. DSCR loans have no property count limit, work for LLCs, and close faster than conventional. Used for buy-and-hold investors who want predictable 30-year payments.

5
SBA

SBA 7(a) / 504

Owner-occupied business real estate, low down
RateQuoted on your deal
Term10–25 years
Down Payment10–15%
AmortizationFully amortizing
Close Time45–90 days

Only for businesses that owner-occupy the property (51%+ for 7(a), 51%+ for 504). Lowest down payment available. Slowest close. SBA 504 splits the loan between a bank (50%) and SBA CDC (40%) — best fixed-rate option for qualifying businesses.

Loan Sequencing by Deal Type

Most deals use multiple loan types in sequence. Here's how experienced Texas investors stack them:

Fix & Flip (In-and-Out)
Hard Money (acquire)→Hard Money (carry rehab)→Payoff at sale
BRRRR — Buy, Rehab, Rent, Refi, Repeat
Hard Money (acquire)→Stabilize + rent→DSCR Permanent (30yr)
Ground-Up Construction → Hold
Construction Loan→Lease-up period→Permanent / DSCR
Value-Add Multifamily Acquisition
Bridge Loan (acquire + rehab)→DSCR at stabilized value (pull equity)
Owner-Occupied Business Property
SBA 504 or 7(a)→Hold + business growth

Not Sure Which Loan Type Fits Your Deal?

Describe your project and we will tell you which structure makes the most sense — and issue a term sheet within 24 hours if it's fundable.

Submit Your Deal →

We Finance Every Commercial Property Type in Texas

From single-tenant retail to 100-unit apartment complexes — if it generates income, we have a loan for it.

🏢
Office Buildings
Class A, B, and C office. Medical office. Co-working. Single-tenant NNN leased office.
Quoted on your deal | Up to 75% LTV
🏬
Retail / Strip Centers
Single tenant, multi-tenant, anchored strip centers, inline retail, pad sites.
Quoted on your deal | Up to 75% LTV
🏭
Industrial / Warehouse
Light industrial, flex space, distribution, cold storage, manufacturing.
Quoted on your deal | Up to 75% LTV
🏠
Multifamily (5+ Units)
Apartment buildings, garden-style, mid-rise. Up to 100+ units. Value-add welcome.
Quoted on your deal | Up to 80% LTV
🏨
Hotels & Hospitality
Flag and independent hotels, motels, extended stay, short-term rental portfolios.
Quoted on your deal | Up to 65% LTV
⛽
Gas Stations & Car Washes
Branded and unbranded fuel stations, automatic and hand-wash car wash facilities.
Quoted on your deal | Up to 60% LTV
🍕
Restaurants
QSR, sit-down, dark kitchens, food halls. NNN leased restaurant properties preferred.
Quoted on your deal | Up to 65% LTV
📦
Self-Storage
Climate and non-climate, drive-up, multi-story. Value-add and stabilized both considered.
Quoted on your deal | Up to 75% LTV
🏥
Medical Office
Dental, primary care, urgent care, specialty practices, medical condos.
Quoted on your deal | Up to 80% LTV
🌾
Land & Development
Raw land, entitled land, construction loans, lot acquisition, spec builds.
Very high LTVs | Call for today’s rate
🚗
Auto Dealerships
New and used car lots, service centers, auto auction facilities.
Quoted on your deal | Up to 65% LTV
🏗️
Mixed-Use
Retail/residential combination, live-work, urban infill mixed-use developments.
Quoted on your deal | Up to 70% LTV
Don't See Your Property Type? Ask Us →

Texas Commercial Loan Programs

Direct lender — every programme below is priced and closed in-house.

We have been making commercial loans for 30 years — not just construction, but the whole book: hard money and bridge, stated income, DSCR and rental, SBA, cash-out refinance and foreign national. You do not last 30 years in this business by being the expensive option. We would rather price the deal in front of us than advertise a headline number you may not qualify for, so tell us the property and we will put your actual terms in writing.

Loan TypeMax LTVTermMin LoanBest For
Hard Money 65% 6–24 mo $200K Fix & flip, fast close, distressed
Bridge 70% 6–24 mo $200K Acquisition or gap to permanent
Stated Income CRE 75% 5/25, 10/25 $150K Self-employed, no tax returns
DSCR / Rental 80% 30yr fixed $200K Buy & hold investors, cash flow
SBA 504 90% 10–25 yr $500K Owner-occupied, low down payment
Commercial Cash-Out Refi High 5–10 yr $200K Pull equity, fund next deal
Construction Very high 12–18 mo $250K Ground-up, vertical construction
Land / Lot Acquisition Per deal 12–24 mo $250K Raw land, entitled lots
Foreign National 65% 5–10 yr $200K No US credit, overseas investors

Leverage, term and minimum loan shown are programme maximums and are subject to the property, the borrower profile and market conditions. Your rate is quoted on your specific deal — there are no upfront fees to get it. Texas properties only for hard money and bridge.

Get Your Rate in Writing — Free, No Obligation

Reviews

What Our Borrowers Say

Real Google reviews, word for word, from people we have closed loans for. 4.8 out of 5 from 38 Google reviews.

★★★★★
“Let me just start by saying that the only reason I give him five stars is because there is no higher. Daniel Peterson is one of the most honest and transparent person I have ever dealt with. Getting me a refinance was not going be easy but right from the start he gave it his all. Just as we would hit bumps he would not give up. He would look for other ways and would always stay motivated to make it happen. Just as I thought that it wasn’t going to get done. He would pull out the rabbit from the hat, as the old saying goes, all the way to the end. If you are ever in need of a refinance or to purchase another home or anything in this field trust me you will not be disappointed with him. I truly say if he can’t do it it’s probably because it cannot be done but if he does he will find a way.”
JA JESCO AUTO SALES INC. Google Review
★★★★★
“I would highly recommend Commercial Loans of Texas for commercial lending. My experience with Dan was top notch. Starting from consultation and application to guidance navigating the daunting underwriting process, Dan's experience and insight was invaluable to reach a successful closing. Will definitely engage again in the future.”
CD Christopher Day Google Review
★★★★★
“I would highly recommend Dan Peterson with Commercial Loans of Texas. I am a physician in private practice, and I approached Dan about helping me to navigate the commercial loan process for a new medical office. He was proactive and very helpful during the process. His experience and knowledge made a big difference. He is amazing.”
LD Lesly Dessieux Google Review
★★★★★
“Dan Peterson is the best commercial lender hands down! He truly knows his stuff and makes sure that you know all of the pertinent info upfront. I've never seen a commercial loan close this fast. Amazing!! I look forward to working with him in the future for my personal deals and on deals for clients that I will be referring!”
AC Assistant Cloud Google Review
★★★★★
“The Best Commercial Loan Company in Texas. "Danial Peterson !" We were running out of options, doors after door were slammed in our faces! Daniel came through for us when NO ONE ELSE WOULD! We will be eternally grateful for all Daniel and his company has done for us! Give Daniel a call and he will make your dream come True!”
AY annette Yates Google Review
★★★★★
“This company offers very delicate customer services, Dan Peterson is very nice and professional that he was trying to help me to get finance the property but unfortunately the property is in rural area that was not qualify the loan. Dan referred me to another company to finance the property. Thank Dan!”
LT Ling Tan Google Review
★★★★★
“Dan Peterson secured a commercial loan for me with ease and a no b.s. approach. I had a few obstacles to overcome and a tight closing window and Dan made it happen for me. I can't say enough about Dan and his team at Commercial Loans of Texas. If in need of a commercial loan...Dan's your man.”
DL Dyana Lee Google Review
★★★★★
“Our client who was purchasing an apartment building in Montrose- was introduced to Commercial Loans of Texas. The commercial loan officer was hands-on, kept us updated in a timely fashion, was able to provide the best rate and terms available in this market.” Linda Charmaigne”
PU Pattraporn U. Google Review
★★★★★
“This Is The Best Commercial Loan Company In The State Of Texas. Daniel Peterson Is Awesome 🤩 He Answer’s Every Call ☎️ And Goes Above ☝🏾 And Beyond To Maker Sure Business 👨🏽‍💼 Is Handled. I Highly Recommend This Company To Anyone Respectfully!!!!”
KS Kieran Smith Google Review
★★★★★
“It's been a pleasure working with a highly professional, knowledgeable and responsive loan master, Mr. Dan Peterson. He is the best. We were able to successfully close very tough deals back to back. For any loan issue, go to Dan! He is the man.”
SW Steven W Google Review
★★★★★
“Worked with Dan from Commercial Loans of Texas. We had been working for two months to refinance our loan on a property owned by my LLC. I got tired of waiting for other slow institutions and decided to give Dan a call. He had me closed…”
PB Peter Bonanni Google Review
★★★★★
“Daniel Peterson did a fantastic job of closing my construction loan. He made me aware of all financing options and went out of his way to investigate them. We closed on time at an interest rate that was actually slightly lower than we…”
JC John Coco Google Review
★★★★★
“I have nothing but good to say of Daniel Peterson and Commercial Loans of Texas. My loan did not go through but not due to any fault of Daniel or his company. Even after several weeks I called and asked about my appraisal refund and…”
JC Jason Curtis Google Review
★★★★★
“Daniel was great to work with throughout the entire process. He answered questions quickly and the loan funded within three weeks. I would highly recommend him and look forward to working with him in the future on some new projects.”
TC Tracy Cowan Google Review
★★★★★
“If you need to close a complex transaction quickly, Daniel is your guy! He won't sleep until he's able to put a solution in place to help you close your deal. Thanks for all the hard work, Daniel!”
SS Shane Spillers Google Review
★★★★★
“Dan and the team were great! The process was smooth and friendly, Texas style. I highly recommend Commercial Loans of Texas. We'll defiantly be doing business with them in the years to come.”
JT Josh Taylor Google Review
★★★★★
“Dan is Truly AMAZING. Promised he would close on a million dollar property on time and he delivered. A genius at what he does.Thanks Dan, looking forward to the next phase.”
KS Karen Siriwa Google Review
★★★★★
“Dan found terms I didn't think were out there for commercial! Very satisfied and we'll definitely be using Commercial Loans of Texas again on our next conventional deal!”
KO Keno Owens Google Review
★★★★★
“Daniel Peterson got me an amazing mortgage that no one else could do. I don’t see why I would work with anyone else. Amazing service. Thank you.”
BD billy desai Google Review
★★★★★
“Dan Peterson very forthright and transparent. Gave me great guidance and really appreciate him going out of his way for my commercial loan.”
BB bryan bahr Google Review
★★★★★
“As a former Texas Real Estate Commissioner I can tell you this group knows what it takes to get business done with prompt professionalism.”
WM Weston Martinez Google Review
★★★★★
“I strongly recommend Commercial Loans of Texas! Daniel was instrumental in the acquisition of a hard-money bridge loan in 2016.”
DD Derek Diaz Google Review
★★★★★
“We Are Thankful for Dan Peterson and the team of underwriting who have given us the monies to consolidate our debt. Thank you.”
JL Jesus Life Google Review
★★★★★
“Got a challenging loan approved and closed. Best customer service. They get'm DONE in a timely manner. Thank you!⭐️⭐️⭐️⭐️⭐️”
NJ nicole johnson Google Review
★★★★★
“Dan Peterson was great to work with, closing my commercial loan refinance just as I needed. Thanks Dan!”
MM Mike McAda Google Review
★★★★★
“Very helpful in understanding would recommend anybody that doesn't have the best way home”
KC Kirk Carlson Google Review
★★★★★
“Every step from LOI through closing was guided with great service. "Just Right"”
MS Mark Spence Google Review
★★★★★
“Thank you Dan Peterson. You sent me in the right direction. I appreciate…”
KY Kym Google Review
★★★★★
“great experience will do further business with Dan.”
LR lawrence roberts Google Review
★★★★★
“Great working with this company”
DS David S Google Review
★★★★★
“Very frenly company”
GR Griffin Roberts Google Review
Call 877-895-3634
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