Full Doc Commercial Mortgage Lets You Choose Unmatched Financing

A full doc commercial mortgage is your ticket to financing a commercial property with all the details laid out.

It’s a loan requiring comprehensive documentation like income, assets, and credit history to prove you’ve got the finance to repay it.

This is ideal for businesses or investors eyeing properties like offices, retail centers, or warehouses. It’s a thorough process that gives lenders the full picture of your financial strength.

For more information, take a look at our article "What is a Full Doc Loan?" today.

If you’re a business owner, real estate investor, or entrepreneur looking to buy or refinance commercial real estate.

We work with seasoned pros and ambitious newcomers like individuals, LLCs, or corporations as long as you’ve got the documentation and a property with profit potential.

If you're on the fence about a full doc commercial mortgage then take a look at our benefits of commercial real estates loan article for more information.

We keep it straightforward but thorough. You’ll need:

1. Personal and business financial statements
2. Tax returns (usually 2-3 years)
3. Bank statements
4. A property appraisal
5. Rent rolls (if income-producing)
6. A detailed business plan or project outline
7. Leases or operating statements

We streamline it so you can focus on the deal, not the paperwork.

If you have any questions about the documentation you need, please feel free to contact us about your project.

A strong credit history with a FICO score of 680 or higher is optimal for the best terms.

Lenders look at your payment history, debt levels, and any red flags like bankruptcies.

At ECF, we dig deeper into your property’s cash flow and your experience, so a less-than-stellar score isn’t a dealbreaker if the rest shines.

Contact us today to see what you would need to qualify.

Rates typically range from 5.5% to 8% as of March 2025, depending on your credit, property type, and market conditions. They’re tied to indexes like SOFR or the Prime Rate, plus a lender’s margin.

At ECF, we work to get you competitive rates lower than bridge loans but reflecting the property’s risk and your profile keeping your investment profitable.

For more information, take a look at our article about understanding commercial real estate rates.

yes, usually. Commercial rates run higher, 5.5% to 8% versus 4% to 6% for residential because of the bigger risks. These can include market shifts, tenant turnover, or property-specific challenges.

Strong cash flow can sometimes score you rates rivaling residential deals.

For more information, take a look at our article about understanding commercial real estate rates.

LTVs for full doc commercial mortgages typically hit 65% to 80%, based on the property’s appraised value. Multifamily might nudge up to 80%, while riskier assets like raw land cap lower.

At ECF, we push for max leverage of up to 80% when possible so you can stretch your capital and seize the opportunity.

Contact us today to see how we can maximize your project.

Expect origination fees (1-2% of the loan), appraisal costs ($2K-$5K), legal fees, title insurance, and sometimes environmental reports. Closing costs can add 2-5% to the total.

Prepayment penalties are possible, but we often negate them to keep you flexible.

To discuss all the potential fees for your project, contact us today.

We start with a pre-approval chat. This gives us your property and financial snapshot. Then, you submit your full doc package (financials, property details, etc.).

We review, order an appraisal, and underwrite it, checking cash flow, credit, and collateral.

Once approved, you sign, fund, and close.

We aim to make it smooth and swift, keeping you in the driver’s seat.

If this sounds good to you, contact us today to get your project started.

Lenders dig into your credit score, DSCR (1.25+ is golden), property income, LTV, and your experience.

They’ll assess market conditions, property condition, and your liquidity.

We weigh your track record and the asset’s potential heavily, ensuring the deal’s a positive experience for both sides.

With full docs in hand, expect 30-60 days from application to closing. Appraisal and underwriting take the bulk can be about 2-4 weeks. This moves into it’s final approvals and docs stage.

If you're in a position where you need your funding faster, we’ve closed in as little as 21 days, your package is optimised.

Contact us today to receive a realistic timeline of the funding process.

Lenders check your debt-service coverage ratio (DSCR). It's recommended to aim for 1.25 or higher showing your property’s income can cover the loan payments.

They’ll also likely review your income, net worth, liquidity, and credit.

We balance your financials with the property’s potential, ensuring you’ve got a solid exit strategy like cash flow or a refinance plan.

Yes, this is possible. Many lenders, including us, offer early rate locks. This can sometimes be at application or commitment, locking your rate for 30-90 days.

It’s a hedge against rate hikes during processing.

To find out if this is possible for your project, please contact us.

Express Capital Financing brings full doc commercial mortgages to all 50 states! From New York to California, Texas to Illinois, we’re nationwide.