About Us
Direct Lender in Magnolia Texas
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Our mission at is providing an outstanding customer benefit that helps you meet your objectives regarding: Difference Between Recourse And Non Recourse.
We work strenuously to understand your ambitions, and then develop a plan that can help you meet them. Whatever the hurdle, we will work with you to help you achieve those goals.
Dedication and aptitude is what makes our business success possible, and has resulted in outstanding customer gratification. We hope to surpass any of your anticipations.
26611 Weir Way
Magnolia, TX 77355
www.commercialloansoftexas.com
Phone: 877-895-3634
Related: Commercial 30 Year Mortgage Rates, Commercial Lending Products, Texas Best Commercial Loans
Similar: Best Companies To Get Mortgage From, Mortgage Of Texas
($150K Min Loan)
Click To Call 877-895-3634
Why Choose Us
Business of closing Texas commercial loans since 1998
EXPERIENCE. We are in Texas and have been in the business of closing Texas commercial loans since 1998. We have closed thousands of Texas loans and we know the Texas real estate laws that can prevent your loan from closing on time. We have pretty much seen everything by now and have a work around or private money available. We have many long term relationships with small and private Banks and wealthy investors that have unique programs that most people would never find out about. We are both a lender and broker so we have the best of both worlds available for our clients. We are on most Bank, hedge fund, life insurance, CMBS, private and hard money lenders marketing list by being in business for so many years. We get pricing updates several times per day in our automated system so we know when to lock your loan potentially saving you thousands of dollars.
NEW! 3 Minute Pre-qualification and Quote System.
If you know your 3 credit scores, Income/expenses , property value/ amount owed and have a digital picture of the building we can give you a very accurate quote in 3 minutes. Give it a try by calling 888-727-3057 to speak to a loan officer directly or email to Texlend (at) gmail.com.
DIRECT LENDER
(Only Real Estate)
Bank Rates, Stated Income, Private and Hard Money for Bridge Loans, acquisition, refinance and cash outs. 30 year fixed rate loans for all classes including multifamily at 80% LTV. SBA Loans with only 7% down payment.
STATED INCOME AND
HARD MONEY
No tax returns needed. Loans based on asset, not credit. We close loans with a 400 FICO score as we are an Asset Based Lender, not credit score based. Most of our loans are Bank Turn Downs. We are easy to close loans with and we protect our Brokers.
REAL ESTATE LOANS FROM
$150K +
All asset types including raw land, multi family, automotive, retail, SFR investment property, Churches, ground up SFR construction, multi family rehab, office condo.
FIX AND FLIP
PROGRAM
80% LTC and 100% Renovations financed for experienced flippers. Ground up construction on Spec homes and Commercial Properties. If you live in the home as your primary residence, we can not help you as we are not licensed so Google "Residential Mortgage Broker".
Testimonials
What Our client Say
"Dan P was great to work with and helped me get some great commercial financing for our office building. Will definitely work with him on future deals and highly recommend!”
Jeff Ryan
"I have nothing but good to say of Daniel Peterson and Commercial Loans of Texas”
JJ Curtis
"Great experience will do further business with Dan.”
lawrence roberts
"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!”
Assistant Cloud
"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
"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.”
Billy Desai
"Good group of guys who will do what it takes to get it done! Thank you.”
Chad Whitney
"Very helpful in understanding would recommend anybody that doesn't have the best way home”
Kirk Carlson
"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!”
annette Lorenz
"I strongly recommend Commercial Loans of Texas! Daniel was instrumental in the acquisition of a hard-money bridge loan in 2016.”
Derek Diaz
"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.”
Riley Cowan
"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!”
Shane Spillers
"We have worked with numerous banks and lenders over the years, but Daniel Peterson is hands down the BEST person with whom we have EVER worked. Not only was he extremely responsive (always super prompt in returning emails and phone calls!), but he was also extremely knowledgeable and creative. He has a very "CAN DO" attitude and he definitely delivered. The rates they provided to us were better than any other rates we found in the market place. He got us such a great deal and we closed much earlier than we anticipated. We would recommend commercial loans of Texas”
Bruno Maine
"Daniel Peterson have helped me several times over the years to find the best mortgages. Any time I've ever had a question, I get an answer back in a timely fashion. Daniel Peterson has personally followed up with me on logistics that have pleasantly surprised me that he takes that much time with clients. I would highly recommend Commercial loans of Texas for all of your loan.”
Smith Cole
"As a former Texas Real Estate Commissioner I can tell you this group knows what it takes to get business done with prompt professionalism.”
Weston martinez
"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 initially discussed. Dan also helped me in buying down points. This was a no nonsense transaction. Highly recommended!”
John Coco
Our goal is to get your loan closed on time with great service, the lowest rate and fees and low stress. We find it important
to exceed your expectations and error on the side of caution when quoting you.
