If you’re a borrower with bad credit looking for a commercial mortgage I have bad news for you. Your options are greatly reduced from just 6 months ago. In general, it is getting serous out there for a lot of people that for one reason or another that have credit scores lower than 600.And the problem just isn’t that some borrower’s scores are low. It is also a function of banks dramatically raising their loan credit standards across the board and borrowers personal credit scores are just one of many criteria that have been raised and or tighten. And it’s one of those easy criteria to pick on for banks; there are no formulas to calculate or subjective factors to consider for them. It’s just a quick and easy decision of “oh, this borrower is below 650 – can the file”.For example I just got off the phone with a commercial loan officer from a traditional bank who mentioned jokingly that 650 is now the “new 600″. Meaning that 600 used to be the bare minimum and that at her particular bank, 650 is now the new minimum score they will consider.Borrowers should be as prepared as possible to explain their situation. The more logical the story, and most importantly, the more documentation that can back up their story the better. For example, if you had a divorce or medical issues, be prepared to provide documentation on these events. And remember this isn’t about you feeling bad about your past or a mini confession; you are trying to prove to underwriters that the underlying issue is gone and has been resolved.Proving a solid track record of payments from the event is a must in order to get a bad credit commercial mortgage. And if you have a good argument you may still be able to get a good conventional deal done with bad credit, assuming the rest of the loan request is decent.