We are pleased to present a summary of the top 10 Commercial lenders operating in Houston. These lenders typically provide loans with an average amount of approximately $2.7 million. In the realm of commercial term loans, Houston offers competitive starting rates, typically falling within the range of 6.95% to 7.05%.
In terms of loan processing and approval timelines, the standard duration in Houston spans 30 to 60 days. Additionally, an average origination fee of around 0.75 -1 percent. Lenders in Houston consistently offer an average loan-to-value ratio of 65% for term loans, highlighting their commitment to facilitating the financial needs of businesses in this economically dynamic city.
