Auctions FAQs
Fast, Flexible Financing for Every Bid
How fast can I close on an auction property?
The typical window to close is 30 days. SWE Lending can close in as few as 7–10 business days from completed application, depending on title and due diligence. We understand that auction contracts have firm deadlines — our process is built around that reality.
Do I need to be pre-approved before I bid?
No, technically a bidder does not need to be pre-approved before going to auction, but it does depend on the auction, however we strongly recommend contacting us early the process. SWE Lending pre-approves bidders before auction day so you arrive as a verified, financially ready buyer. Pre-approval also gives you a clear budget, so you can bid with confidence and without surprises.
What types of commercial properties do you finance at auction?
We finance a wide range of property types, including:
- Multi-family / Apartment buildings
- Office buildings
- Retail and mixed-use
- Hospitality (hotels, motels)
- Industrial and specialty use
- Auto service
- Land
If you're not sure whether your property qualifies, call us — we're happy to review it.
What is the maximum loan-to-cost (LTC) for auction financing?
We lend up to 70% of the purchase price for commercial, land, and residential properties. LTC may vary depending on property type and underwriting review.
What loan terms are available?
We offer 1, 2, and 3-year financing terms. You choose the term that fits your investment strategy — whether you're planning a quick exit or a longer hold while you stabilize the asset.
Do you require an appraisal or survey?
SWE Lending may waive appraisal and survey requirements depending on the deal. This is one of the key advantages of working with a direct lender — we have the flexibility that banks simply don't.
What are your credit requirements?
All Credit OK. Our lending decisions are based primarily on the asset and the deal — not your credit score. If you have equity and a solid property, we want to work with you.
Can I use auction financing to preserve my working capital?
Yes — that's one of the primary reasons experienced commercial investors use auction financing. By financing the purchase rather than paying all cash, you free up capital to reinvest into the property, cover operating costs, or fund your next acquisition.
Do you work with specific auction platforms or auction houses?
Yes. We have experience working with commercial investors on deals sourced from major platforms including Tranzon, LoopNet, CBRE, Crexi, Marcus & Millichap, Edge CM, Dempsey Auction, Ri Marketplace, and Multifamily Group — among others. If your auction house isn't on the list, reach out. We likely work with them too.
What states do you lend in?
We currently lend in Texas, Georgia, North Carolina, and Tennessee.
Why do auction financing deals get delayed or fall through?
Common issues include:
- Title issues that surface after winning the bid
- Unclear or undocumented rehab or business plans
- Proof of funds or down payment not verified in time
We work proactively to prevent these by reviewing your deal quickly and telling you exactly what we need — before auction day, not after.
How is SWE Lending different from a bank or mortgage broker?
Three key differences:
- Direct lender: We make our own lending decisions. No waiting on an underwriter at a bank or a syndicate investor to approve your deal.
- Speed: Banks can take 30 - 90 days. Auction timelines don't allow for that. We close in days, not months.
- Flexibility: We can waive appraisals, work with all credit profiles, and structure terms around your investment — not a one-size-fits-all loan product.
How do I get started?
Fill out the contact form on this page or call us at (713) 231-1133. A member of our team will reach out to discuss your deal and begin the pre-approval process.