Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Texas
Texas Commercial Mortgages in 2026
Select Commercial arranges Texas commercial mortgage financing on office, retail, industrial, mixed-use and owner-occupied property, with rates as low as 6.34%, up to 75% LTV (90% owner-occupied with SBA) and terms to 30 years. Compare today’s commercial mortgage rates.
Get a Free QuoteFinancing Options in Texas
Texas apartment, multifamily and commercial properties each have dedicated financing. Pick the page that matches your property:
Financing more of the state? See Texas apartment loans.
Financing in another state? Explore our apartment loans, multifamily loans and commercial mortgages nationwide.
Texas Commercial Mortgage Rates
| Loan Type | Rate* | Max LTV |
|---|---|---|
| Commercial Real Estate | 6.74% | Up to 75% |
| Single-Tenant Net Lease | 6.34% | Up to 75% |
| Owner-Occupied / SBA | 6.54% | Up to 90% |
| Apartment / Multifamily | 5.76% | Up to 80% |
- Texas commercial mortgage rates as low as 6.34%
- Up to 75% LTV commercial, 90% owner-occupied
- Terms and amortizations up to 30 years
- Purchase and refinance, including cash-out
- No upfront application or processing fees
- 48-hour written pre-approvals, no cost or obligation
Rates last updated August 9, 2026. Rates and maximum LTV shown represent our best-case pricing scenarios. Actual rates, LTV, and loan terms are subject to underwriting approval and may vary.
Texas Commercial Mortgage Benefits
- Texas commercial mortgage rates as low as 6.34% on qualifying net-lease property
- A commercial mortgage broker with 30+ years of lending experience
- No upfront application or processing fees
- Up to 75% LTV on commercial property, 90% on owner-occupied with SBA
- Terms and amortizations up to 30 years, purchase and refinance including cash-out
- 48-hour written pre-approvals, no cost and no obligation
2026 Texas Commercial Real Estate Market
Select Commercial arranges commercial mortgages across Texas, from major metros to smaller markets. Statewide, new commercial construction remains below the long-run average across most property types, which supports occupancy and the cash flow lenders underwrite. Most Texas commercial mortgages price over the 5, 7 or 10 year Treasury, so 2026 deals size to debt-service coverage, with a debt-service-coverage ratio of at least 1.25x clearing underwriting comfortably.
By property type
- Industrial: generally the strongest sector, tight vacancy near transport corridors.
- Retail: necessity retail is resilient; national net-lease tenants price best.
- Office: selective, premium and medical office financeable.
- Mixed-use and multifamily: the deepest lender pool statewide.
2026 Texas Commercial Metro Snapshots
The Texas metros we most actively finance, with 2026 market indicators and the local supply and demand picture:
- Employment: about 25,000 new jobs
- Construction: about 21,000 units, inventory growth of 2.1%
- Vacancy: down to 5.9% by year-end
- Employment: hiring slows, with about 8,000 jobs added metrowide
- Construction: deliveries the smallest in more than a decade, inventory growth still top 10 nationally
- Vacancy: net absorption outpaces completions, pushing vacancy down to about 6.1%
- Employment: about 25,000 jobs added across the Dallas-Fort Worth metroplex
- Construction: inventory growth moderates to about 2.1%, deliveries less than half of 2025
- Vacancy: shifts down to about 5.9% by year-end, roughly 30 bps below the long-term average
- New supply stays limited
- Vacancy holds in a low range
- Rent growth remains modest near 1 to 2 percent
- Employment: about 25,000 new jobs
- Construction: about 21,000 units, inventory growth of 2.1%
- Vacancy: down to 5.9% by year-end
- Employment: about 8,000 new jobs, roughly +0.2%
- Construction: about 9,000 units, urban core pipeline contracting sharply
- Vacancy: near 6.3%, up about 20 bps but below the long-term average
- New supply stays limited
- Vacancy holds near 6 percent
- Rents level off after recent gains
- The metro adds 6,000 jobs, a second straight year of modest gains.
- About 6,200 units deliver, the lowest total since 2015.
- Vacancy dips to 4.3 percent, on par with the long-term average.
- Supply pullback aids recovery
- Vacancy peaks then tightens
- Rent growth strengthens later in 2026
- Employment Growth: About 15,000 jobs added in 2026 (approximately +1.2%).
- Construction Trends: About 3,500 units projected for delivery, with the pipeline continuing to contract after the 2024 peak.
- Vacancy: Vacancy projected near 6.8%, improving by roughly 20 bps.
Recent Commercial Closings
A sample of commercial and apartment loans we have arranged for investors nationwide.
Other Property & Loan Types We Finance in Texas
As a full-service commercial mortgage broker, we arrange Texas financing across every major property and loan type:
We consider commercial loan requests of all sizes, beginning at $1,500,000.
Texas Commercial Mortgage Markets We Serve
We provide commercial mortgages throughout Texas, including:
- Abilene commercial mortgages
- Amarillo commercial mortgages
- Arlington commercial mortgages
- Austin commercial mortgages
- Beaumont commercial mortgages
- Brownsville commercial mortgages
- Carrollton commercial mortgages
- Corpus Christi commercial mortgages
- Dallas commercial mortgages
- El Paso commercial mortgages
- Fort Worth commercial mortgages
- Frisco commercial mortgages
- Garland commercial mortgages
- Grand Prairie commercial mortgages
- Houston commercial mortgages
- Irving commercial mortgages
- Laredo commercial mortgages
- Lubbock commercial mortgages
- Mckinney commercial mortgages
- Mesquite commercial mortgages
- Pasadena commercial mortgages
- Plano commercial mortgages
- San Antonio commercial mortgages
- Waco commercial mortgages
What Our Clients Say
“As a real estate attorney, I trust that Select Commercial will deliver commercial mortgages in a timely manner. My clients are always handled professionally, and the rates and terms are excellent. I heartily recommend them.”
David S. · New York City“I spoke to several commercial lenders before finding Select Commercial. I was glad I did, because they got me a lower rate and their service was exceptional. If you need a commercial mortgage, you need to talk to Stephen.”
Nathan B. · Philadelphia, PA“Select Commercial was very helpful with my commercial mortgage. I needed to increase cash flow due to maintenance on my property. Stephen went over several options and got me the funds while lowering my payments.”
Gary M. · Portland, OR“I looked elsewhere after two disappointing refinances. I found selectcommercial.com and saw they specialized in commercial building loans. In the end they were by far the best company I have used.”
Jerry T. · Long Island, NYGet Your Texas Commercial Mortgage Quote
No cost, no obligation. Written answers within 48 hours on Texas commercial loans from $1,500,000.
- No application or processing fees
- Written answers within 48 hours
- For 5+ unit and commercial properties, $1.5M and up