Lite Doc Commercial Mortgage: Bank Statement Loans for Commercial Investors
With our Lite Doc Commercial Mortgages you'll be able to navigate the dynamic commercial real estate landscape successfully with higher LTVs and lightning-fast closings that help you acquire properties faster so you can start generating revenue in no time.
2500+
Happy Clients
$1B +
Funded Projects
95%
Applications Approved
Get the financing you need to make your next commercial real estate acquisition. ​​Our Lite Doc Commercial Mortgages are game-changers for investors seeking flexibility, speed, and robust terms. Break free from conventional constraints and embrace a level of flexibility that propels you ahead in the competitive real estate landscape. With higher Loan-to-Value ratios and comprehensive terms, our Lite Doc Commercial Mortgages empower you to make bold investment moves with confidence.
Our Lite Doc Commercial Mortgages Offer
- Nationwide lending coverage
- Asset-based loans up to 80% of the purchase price
- Quick closing, in as little as 3 weeks
- In-house underwriting and funding
- No income verification or tax returns required
- Extended amortization, exceeding traditional bank constraints
- Limitless investment opportunities with flexible financing solutions
Terms for Lite Doc Commercial Mortgages
Unlock tailored financing solutions for your commercial real estate properties. Our transparent and flexible commercial mortgage terms cater to your needs with underwriting based on your property's cash flow, not your personal income.
Rate and Terms Overview
Seamless Commercial Real Estate Financing Starts Here
Experience ease, simplicity, and transparency with Express Capital Financing's Lite Doc Commercial Mortgages, designed exclusively for your commercial real estate ventures. Our application process, spanning from the initial consultation to the final funding, is meticulously crafted for uncomplicated success. Navigate the intricacies of the commercial real estate market with confidence, supported by our streamlined financing solutions.
Discuss Your Deal and Goals
Connect with your dedicated loan officer to discuss your unique project and financial objectives.
Customized Loan Quote
We’ll prepare a personalized loan quote, crafted specifically for your project, so it aligns perfectly with your goals.
Document Collection and Review
Our streamlined process involves collecting and reviewing the necessary documentation, making the paperwork hassle-free for you.
You’ve Secured Funding
It’s time to get excited about your project becoming a reality with Express Capital Financing.
Why Choose Express Capital Financing For Your Next Commercial Investment?
Explore unprecedented flexibility with Express Capital Financing's Lite Doc Commercial Mortgages. We prioritize your commercial property's cash flow, not your personal income, providing distinctive solutions for investors with diverse credit scores, property types, or unconventional financial situations. Each loan undergoes individual assessment, delivering personalized structures that align with your specific commercial real estate needs.
Quick Funding
Get fast, reliable financing to seize opportunities with unmatched speed.
Maximum Leverage
Maximize your real estate portfolio effortlessly with higher leverage.
Unmatched Flexibility
Enjoy tailored loans that flexibly adapt to your needs and goals.
Lite Doc Commercial Mortgage Success Stories
Explore firsthand accounts, success stories, and testimonials that showcase the effectiveness of our Lite Doc Commercial Mortgages. Our customers have experienced the power of our investor-friendly terms, efficient funding, and unwavering support, resulting in successful and profitable commercial real estate investments.
Lite Doc Commercial Mortgage FAQs
Loan Basics
A Lite Doc commercial mortgage is a financing option designed for commercial real estate investors and business owners that requires less documentation than a traditional commercial mortgage.
For more information, take a look at our 'What is a lite doc loan?'Â guide.
The key differences between a Lite Doc loan and a traditional commercial mortgage the documentation and underwriting process. Traditional commercial mortgages typically require comprehensive financial documentation which can include but isn't limited to two or more years of tax returns, detailed business financial statements and personal income verification.
Lite Doc loans require minimal paperwork. This can vary from bank statements, a rent roll, or a letter from an accountant to verify income or cash flow. The underwriting focuses more on the property’s revenue potential rather than the borrower’s personal income, making it easier for self-employed individuals or those with unconventional income sources to qualify.
Yes. Interest rates for Lite Doc commercial mortgages are generally higher than those for traditional commercial loans.
Yes. Lite Doc commercial mortgages can typically be closed under an LLC, corporation, partnership, or other legal entity.
Eligibility and Qualification
Lite Doc commercial mortgages are ideal for a variety of borrowers who might struggle with traditional loan requirements.
These types of people can be:
1. Self-Employed Individuals. This can range from freelancers, contractors, or small business owners with irregular or hard-to-document income.
2. Real Estate Investors managing multiple properties who need quick financing to seize market opportunities without lengthy paperwork delays.
3. People with income from investments, rental properties, or side hustles that don’t fit standard W-2 verification.
4. Investors or business owners in competitive markets needing rapid closings to secure a property.
5. Individuals with decent but not perfect credit who can leverage property cash flow to offset a lower score.
Yes. Most lenders offering Lite Doc commercial mortgages will require a minimum credit score It's worth noting that this is often lower than for traditional loans. A score of 650 or higher is preferred as it demonstrates reasonable creditworthiness. This varies by lender.
Loan-to-value (LTV) ratios for Lite Doc commercial mortgages typically range from 65% to 80%, depending on the lender, property type, and borrower profile.
1. Standard LTV =70-80%. This is common for stable, income-producing properties like multifamily or retail spaces.
2. Lower LTV = 65% or less. This might apply to riskier properties or borrowers with weaker credit.
The reduced documentation increases lender risk, so LTVs are often capped lower than traditional loans unless mitigated by other factors like a substantial down payment.
Lite Doc commercial mortgages in 2025 can finance a wide range of commercial properties, provided they generate or have the potential to generate income. Eligible property types typically include:
1. Multifamily buildings
2. Retail spaces
3. Office buildings
4. Industrial properties
5. Mixed-use properties
6. Special-use properties such as self-storage, or medical offices, though these can be riskier.
Owner-occupied properties may also qualify. Properties in poor condition or with unstable income (e.g., high vacancy) may face stricter scrutiny or ineligibility.
Please contact us to discuss your project to see how we can help you.
Loan Process and Approval
Lite Doc commercial mortgages still require some documentation.
This is typically:
1. If the borrower intends to operate their business in the property then we would require 12 months of bank statements and 2 years of tax returns to demonstrate financial stability.
2. Rent roll for income-producing properties, detailing current tenants, lease terms, and rental income.
3. Basic personal financial information that can range from a personal financial statement or summary of assets and liabilities.
4. Property details such as an appraisal, purchase agreement, or operating statements to evaluate the collateral.
The exact requirements vary by lender. Feel free to contact us to find out the documentation we require to fund your lite doc commercial loan.
The approval process for a Lite Doc commercial mortgage is faster and less bureaucratic than for traditional loans. :
1. Application = Submit a simplified application with basic borrower and property details.
2. Documentation = Provide minimal paperwork (bank statements or rent roll etc.) to verify cash flow or income.
3. Property Evaluation = The lender assesses the property’s value and income potential.
4. Underwriting = Focuses on the property’s cash flow and the deal’s viability rather than exhaustive personal financials.
5. Approval = Pre-approvals can come within 24-48 hours with final approval in 1-2 weeks.
6. Closing = Funds are disbursed in as little as 10-14 days once terms are agreed upon.
Please feel free to contact us to understand our approval process.
Loan Process and Approval
We lend nationwide across the United States except ND & SD.