Commercial Property Financing for Non-QM Borrowers
Office, retail, industrial, mixed-use, multifamily above a handful of units — commercial property financing covers a wide range of property types, and it's underwritten differently from a residential purchase. Whether you're a business owner buying the building you operate out of or an investor adding a commercial asset to a portfolio, the right program depends on how the deal is structured.
How commercial underwriting differs
Commercial loans typically weigh the property's income-producing potential (existing leases, market rent, occupancy) alongside borrower creditworthiness, rather than relying purely on personal income documentation. For investment commercial property, that can mean DSCR-style underwriting similar to residential investment loans — qualifying the deal on the property's cash flow.
Owner-occupied vs. investment commercial
If you're buying a property your own business will occupy, lenders often look at your business's financials and operating history in addition to the property itself. If you're buying as a pure investment — leasing to other tenants — the underwriting leans more heavily on the property's income and the lease terms in place.
Who this is for
Business owners ready to stop renting and own their own space, investors diversifying beyond residential rentals, and anyone assembling a mixed-use or multi-tenant property that doesn't fit neatly into residential lending guidelines.
Need financing that moves fast to win a commercial deal before it's gone? See our Bridge Loans vs. Hard Money guide for short-term options that can close ahead of permanent commercial financing.
Have a commercial property in mind?