Cressida Direct is a nationwide direct lender offering small-balance commercial real estate loans from $200K – $3M with simplified documentation, funded directly rather than brokered to a third-party bank.
Owners of smaller commercial properties often get overlooked by banks whose minimum loan sizes and documentation requirements are built for much larger deals. The Light Doc Program is built specifically for small-balance commercial real estate, funded directly by Cressida rather than shopped to outside banks, which keeps underwriting fast and documentation simple.
A light doc loan simplifies the underwriting paperwork typically required for a commercial mortgage — often relying more on property cash flow and equity than extensive borrower financial documentation — which speeds up approval and closing for smaller loan amounts.
Cressida Direct's Light Doc Program finances small-balance commercial real estate loans from $200K – $3M.
The Light Doc Program is funded directly through Cressida Direct, Cressida Capital’s nationwide direct lending platform, rather than brokered out to a third-party bank.