Quick answer
Texas commercial hard money loan requirements focus on the property, any income or value-add plan, the equity, the borrower profile, and the exit strategy. Cedar Top lends on non-owner-occupied commercial investment property in Texas, up to 75% loan to value, subject to underwriting, collateral review, title review, documentation, and approval.
A commercial hard money loan is reviewed with an asset-focused approach: the property, your plan, and your exit. We lend on non-owner-occupied Texas commercial investment property. For how hard money works overall, start with what hard money lending is, and for the full review picture, see hard money loan requirements in Texas.
Core Requirements for a Texas Commercial Hard Money Loan
Here is what we look at on a commercial loan:
| Requirement | What we look at | Why it matters |
|---|---|---|
| Texas investment property | That the property is commercial investment real estate in Texas | We lend on Texas investment property |
| Non-owner-occupied use | That the property is non-owner-occupied investment property | We lend on non-owner-occupied property only |
| Property type and condition | Eligible commercial property and its condition | The property carries the loan |
| Income or value-add plan | Rents, leases, or the value-add plan, as applicable | Income and value-add affect the review |
| Equity position | The equity in the property and your cash position | Commercial loans are leverage-based |
| Borrower profile | Credit, experience, liquidity, and entity, as applicable | The borrower is reviewed alongside the property |
| Exit strategy | A refinance or sale plan | The exit is how the loan gets repaid |
| Title status | Title condition and a lender's title policy | Title issues can slow or stop a transaction |
| Insurance | Appropriate commercial property insurance | Collateral is protected during the loan |
| Documentation | The supporting documents for the property and deal | Complete information keeps the review moving |
Eligible Commercial Property Types
We lend on:
- Retail and retail centers
- Office buildings
- Industrial property
- Value-add commercial property
Terms run 6 to 12 months with extension provisions. Full terms are on the commercial loans page.
Income and Value-Add Plans
Many commercial loans involve income, a value-add plan, or both. We look at how your income or your plan supports the property and your exit, and whether the plan is realistic. Nothing here is a quote.
Exit Strategy
A commercial loan needs a realistic way out. Common exits:
- A commercial refinance after stabilization
- Sale of the property
- Refinancing once a value-add plan is complete
We look at whether your exit fits the property, the plan, and the timeline.
Documents Required
Property information and photos, a rent roll and leases where applicable, operating information, the purchase contract, entity documents and ID, a title company contact, and your exit or refinance plan.
Fuller list: our documents checklist.
What Can Slow Down a Commercial Review
These do not always stop your loan, but they can slow the review or require more documentation:
- An unclear value-add or income plan
- An exit that is not realistic for the property
- Title or collateral questions
- Unsupported value assumptions
- A property outside Texas
- Owner-occupied use
- Insurance gaps
- Incomplete borrower or entity information
Related resources
Apply for a Texas commercial hard money loan.
Send us the property, your rent roll or plan, and your exit, or call 817-984-3129. Review is subject to underwriting, collateral review, title review, documentation, and approval.