We Are Leading Providers of Stated Income Commercial Real Estate Loans
Are you seriously considering purchasing commercial real estate, but you worry about qualifying for a traditional commercial loan? Whether you own a startup or you simply don’t have a well-established credit history, we can help your real estate dreams become a reality with our stated income commercial real estate program. This type of loan works by analyzing the value of the property you are attempting to purchase rather than relying wholly on your credit profile as the sole basis of approval. As long as the property you plan to purchase has an income value sufficient to service the taxes, insurance and mortgage, you have a good chance of being approved for one of our stated income loans.
How the Program Works
In many cases, a stated income loan is preferable to some traditional loans because it is easier to obtain approval as long as the property being purchased meets certain criteria. Borrowers who want to refinance or make a real estate purchase but do not have a great credit profile have a better chance at securing the financing they need if they seek approval for a stated income loan. Insurance information, property taxes and mortgage details are not required in order to receive approval for this type of loan. Loan parameters include:
Many different property types can be financed with our stated income commercial real estate loans, including apartment buildings, restaurants, retail real estate, office real estate, warehouses and more.