# What Makes a Commercial Closing in 30 Days Possible?

> Occupied commercial financing can close in as little as 30 days when the appraisal, title, underwriting and borrower documents are ready. This is a possible timeline, not a promised closing date.

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## Quick answer

Occupied commercial financing can close in as little as 30 days when the appraisal, title, underwriting and borrower documents are ready. This is a possible timeline, not a promised closing date.

## What should be ready before you set a closing date?

Submit a complete description of the deal and flag contract deadlines immediately. A current rent roll, operating statements, entity documents and a clear business plan let the team identify missing items early. Confirm property access for the appraiser, the title contact and insurance requirements while underwriting is underway.

**Where it fits:** The review stages depend on one another. Credit authorization and the credit-report fee are part of the review. Appraisal access, unresolved liens, ownership discrepancies and changes to the requested structure can create follow-up work even when the original request looks straightforward.

**Example:** Illustrative: a buyer who has the signed contract, current leases and entity records can answer the first checklist quickly. A refinance with an unknown payoff or unresolved title issue needs those matters settled before closing documents can be completed.

**Fit check:** Occupied commercial real estate, minimum FICO 680, minimum DSCR 1.15x, and no more than 75% LTV. Value, income, title and documents must support the request.

Apply with your property and financing request, or submit a deal as a broker through Partners.

## Loan parameters

- Loan size: $100,000 to $15,000,000
- Loan type: Commercial Purchase & Rate-and-Term Refinance

## Eligible assets

- Multifamily
- Office
- Retail
- Industrial
- Mixed-use
- Self-storage
- Cold storage
- Hotels
- Motels
- Data centers

## Underwriting guidelines

- Maximum loan amount: $15 million
- Maximum LTV: 75%
- Minimum FICO: 680
- Minimum DSCR: 1.15x
- Occupied commercial real estate only
- Closing in as little as 30 days
- Commercial financing is available in 48 states. Washington, DC is unavailable. Check the property's state before proceeding.
- All property types are subject to underwriting.

## Which program facts apply to this request? (as of 2026-10-08)

| Fact | Public guideline |
| --- | --- |
| Loan amount | $100,000 to $15,000,000 |
| Program condition | Maximum loan amount: $15 million |
| Program condition | Maximum LTV: 75% |
| Program condition | Minimum FICO: 680 |
| Program condition | Minimum DSCR: 1.15x |
| Program condition | Occupied commercial real estate only |
| Program condition | Closing in as little as 30 days |
| Program condition | Commercial financing is available in 48 states. Washington, DC is unavailable. Check the property's state before proceeding. |
| Program condition | All property types are subject to underwriting. |

- These are public guidelines, not a loan commitment. Final terms depend on underwriting.

## FAQs

**Q: Does the clock start when I fill in an inquiry?**

An inquiry begins the conversation. Ask the team to confirm a practical target once the file, third-party work and outstanding conditions are understood.

**Q: Can I receive a term sheet before paying the credit-report fee?**

Yes. Our team can issue a term sheet before the credit-report fee is paid. The fee is collected later. An initial fit discussion is different from an issued term sheet.

**Q: What most often requires extra time?**

Missing income records, appraisal access, valuation questions, title exceptions and changes in ownership or loan purpose all need resolution. Tell the team about a deadline and known issues at submission.

## Related

- [Commercial Purchase & Rate-and-Term Refinance](https://riversidepark.capital/commercial-real-estate-loans)
- [Apply for financing](https://riversidepark.capital/apply)
- [Submit a deal as a broker](https://riversidepark.capital/partners)
- [How the loan process works](https://riversidepark.capital/find-your-loan/how-it-works)

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Source: Riverside Park Capital - https://riversidepark.capital/commercial-mortgage-close-in-30-days