# Which Commercial Loans Can Reach $15 million?

> RPC's $15 million commercial limit applies only to purchases and rate-and-term refinances of occupied CRE. Commercial cash-out refinance is capped at $5 million, even if the property's value could support more.

Canonical: https://riversidepark.capital/commercial-real-estate-loans-up-to-15-million
Markdown: https://riversidepark.capital/commercial-real-estate-loans-up-to-15-million.md

## Quick answer

RPC's $15 million commercial limit applies only to purchases and rate-and-term refinances of occupied CRE. Commercial cash-out refinance is capped at $5 million, even if the property's value could support more.

## How do you keep a larger request in the right program?

Identify what the proceeds will pay for before treating the property value as borrowing capacity. A purchase funds an acquisition; rate-and-term refinancing replaces existing financing without treating the transaction as an unrestricted equity withdrawal. If the purpose includes cash-out, disclose it at the first review rather than relying on the purchase/refinance ceiling.

**Where it fits:** For a larger occupied asset, underwriting needs a credible rent roll, operating history and expenses, along with the ownership structure and requested debt. Loan size cannot cure a shortfall in net operating income, and several properties do not automatically create a single larger facility.

**Example:** Illustrative: an occupied building valued at $30,000,000 reaches the program's $15 million size ceiling before its 75% LTV ceiling. A cash-out request on that same building remains subject to $5 million.

**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 commercial purchase maximum apply to a cash-out refinance?**

No. A cash-out refinance has its own maximum: the commercial cash-out loan maximum is $5 million with no more than 75% LTV.

**Q: Does the maximum apply to vacant property?**

Occupied commercial real estate only. A vacant asset does not fit this published purchase and rate-and-term program.

**Q: Does a large appraisal mean I can borrow the maximum?**

No. Underwriting must also support the payment at a minimum DSCR of 1.15x, review credit against the 680 public minimum, and complete the property and document review.

## 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)

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Source: Riverside Park Capital - https://riversidepark.capital/commercial-real-estate-loans-up-to-15-million