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

Commercial Loans Without Tax Returns
Self-Employed Welcome

Can't show income on paper? Write off too much? Bank said no?
We approve based on your property — not your tax returns or credit score.
Some programs offer rates below bank rates with terms up to 30 years. Our hard money programs approve on the asset alone — no tax returns, no credit check required.

Direct Lender Since 1998 No Tax Returns Required No Income Verification All Credit Welcome Same-Day LOI Interest Rates Lower Than Many Banks Up to 30-Year Fixed Terms Brokers Welcome — We Pay Referral Fees

If the Bank Said No Because of Income — We Can Help

Banks need 2 years of tax returns and clean income. Most self-employed borrowers can't show that — and banks won't budge. We work differently.

📄 No Tax Returns

We don't require 2 years of personal or business returns. Asset-based approval — the property is your qualification.

💼 Self-Employed OK

Write off everything and show low income? That's fine. We look at what you own, not what your returns say you earn.

💳 All Credit Welcome

Under 600, past bankruptcy, no credit history — we've funded borrowers banks won't talk to.

⚡ Same-Day LOI

Letter of intent the same day you call. No weeks of underwriting. Fast closings.

💰 No Upfront Fees

No application fee. No processing fee before closing. Nothing out of pocket to get started.

🏚 All Property Types

Office, retail, warehouse, multifamily, mixed-use, land, construction. Texas statewide.

📈 Beat the Bank — Rate & Term

Some programs offer interest rates lower than many banks — AND terms up to 30 years fully amortized. Better rate, longer term, no balloon payment.

Loan Programs — No Income Documentation Required

Every program below closes without tax returns or W-2s.

Stated Income Loans

You state your income — we don't verify it. Approval based on property value and equity.

No-Doc Commercial Loans

Zero income documentation. Asset-based underwriting. Fast close.

Hard Money Loans

Short-term asset-based financing. No income, no tax returns, all credit. Up to 70% LTV.

DSCR Loans

Qualify on the rental income of the property — not your personal income. Up to 30-year fixed terms.

Cash-Out Refinance

Pull equity from commercial property without showing income or tax returns.

Bridge Loans

Short-term no-doc financing to close fast while permanent funding is arranged.

Who This Is For

If any of these sound like you, call us today.

Self-employed borrower with too many write-offs — income looks low on paper

Real estate investor who doesn't want to show personal income

Business owner turned down by a bank for lack of documented income

Borrower with bad credit who has equity in a commercial property

1099 contractor or gig worker who can't show W-2 income

Broker with a self-employed client banks won't touch — we pay referral fees

Common Questions

What borrowers ask before calling.

Searching for a stated income commercial loan near me?

Yes — we're a Texas direct lender serving borrowers statewide since 1998, not a broker or referral service. Houston, Dallas, San Antonio, Austin, and every county. If you need a stated income or no-tax-return commercial loan near you, call us or apply online — same-day LOI, no upfront fees.

What's the difference between stated income and a regular commercial loan?

A bank loan requires 2 years of tax returns, W-2s, and documented income — and takes 60–90 days. A stated income loan lets you declare your income without verification. We approve based on the property's value and cash flow, not what your returns say you earn.

Do I need good credit?

Not on most programs. Hard money is fully asset-based — no credit check. DSCR and stated income programs are flexible. Under 600, past bankruptcy, or no history — call us and let's look at your property.

How fast does it close?

Same-day LOI once we review your property. Closings typically run 2–4 weeks — far faster than the months a bank takes.

Get Approved Without Tax Returns — Call Today

Same-day LOI. No upfront fees. Direct lender since 1998.
We fund what banks won't.

📞 877-895-3634 Apply Online — 3 Minutes

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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

Bad Credit Commercial Loans in Texas — Still Possible

A low credit score does not automatically disqualify you from commercial financing in Texas. Here's what's actually available at every credit level.

500–579
Poor Credit
Options Available ✓
• Hard money bridge loans (asset-based)
• Private money (relationship-based)
• Joint venture with stronger borrower
• Requires strong property equity (65% LTV max)
580–649
Fair Credit
Good Options Available ✓
• Hard money up to 70% LTV
• Stated income programs
• DSCR loans (some lenders)
• Higher rate but fully closeable
650+
Average–Good Credit
Full Menu Available ✓
• All loan programs available
• Stated income, DSCR, bridge
• Best rates and terms
• 75–80% LTV on most programs
Common Myths About Bad Credit Commercial Loans
MYTHYou need a 700+ credit score to get a commercial loan in Texas.
TRUTHHard money and stated income programs go as low as 500. The property's value matters more than your score.
MYTHA bankruptcy or foreclosure automatically disqualifies you.
TRUTHMany direct lenders will work with discharged bankruptcies (2+ years ago) and prior foreclosures. We evaluate the current situation.
MYTHBad credit means you'll pay 20%+ interest.
TRUTHHard money rates in Texas range from 9.99%–12.99% regardless of credit score — the property is the primary collateral.

Why Use a Direct Lender Instead of a Broker?

Commercial Loans of Texas lends our own money — we don't broker your loan to someone else. Here's why that matters on every deal.

✦ Commercial Loans of Texas — Direct Lender
We make the lending decision in-house — no third party to approve or deny you
No broker markup — the rate we quote is the rate you pay
Close in 7–14 days — no waiting for an out-of-state lender to review your file
One point of contact from application to funding — no hand-offs
We can structure creative deals brokers can't — because it's our capital
Flexible underwriting — we look at the whole picture, not just a checklist
Portfolio lender — we keep loans, so we care about long-term relationships
⚠ Typical Mortgage Broker
Submits your file to 3–5 lenders — any one can kill the deal
Adds 1–2 points on top of the lender's rate as their fee
Closing takes 45–90 days — dependent on the end lender's timeline
You talk to the broker, who talks to the lender, who makes the call
No ability to negotiate terms — locked into lender's program guidelines
Rigid underwriting — file gets declined if it doesn't fit a box
No long-term relationship — they get paid and move on

Bottom line: When you work with a direct lender, you get a faster answer, a lower rate, and someone who actually has skin in the game. We've been direct lending in Texas since 1998 — not brokering, not selling your loan to Wall Street. Your loan stays with us.

Texas Commercial Loan Rates — August 2026

Direct lender rates updated weekly. No broker markups. All programs close in-house.

Loan TypeRate RangeMax LTVTermMin LoanBest For
Hard Money Bridge9.99%–12.99%70%12–24 mo$100KFix & flip, fast close, distressed
Stated Income CRE7.49%–9.99%75%5/25, 10/25$150KSelf-employed, no tax returns
DSCR / Rental6.99%–8.99%80%30yr fixed$100KBuy & hold investors, cash flow
SBA 504Prime + 1.5%–2.5%90%10–25 yr$500KOwner-occupied, low down payment
Commercial Cash-Out Refi7.25%–10.5%70%5–10 yr$200KPull equity, fund next deal
Construction / Land10.99%–13.99%65%12–18 mo$250KGround-up, lot acquisition
Portfolio / Blanket7.99%–10.49%70%5–30 yr$500K5+ properties, cross-collateral
Foreign National8.99%–12.99%65%5–10 yr$200KNo US credit, overseas investors

Rates shown are starting rates as of August 2026 and subject to change. Final rate depends on LTV, property type, credit profile, and market conditions. Texas properties only.

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📞 Free Quote — 877-TX-LENDING (877-895-3634)