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COMMERCIAL STATED INCOME LOANS

We are a Direct Money Lender for Stated Income Loans for the professional Real Estate Investor. What Is Stated Income in 2017? Answer – We don’t require Tax Returns – No W-2’s – Up to 30 Year Fully Amortized – No 4506 – and most of all Easy Qualification and streamlined closing process.

Stated commercial loans can be extremely useful for the small business owner or professional real estate stated investor. Some lending institutions, credit unions and banks are very tight with gaining approval. Those of you that are writing off income on the tax returns of have a high personal debt to income ratio. Banks will not only calculate a properties Debt Service Coverage Ratio (DSCR) but, your personal Debt To Income Ratio (DTI) as well.

Needless to say there are hundreds of thousands of people who don’t quite qualify for traditional bank financing with the new government regulations that are now required.

Take advantage of our streamlined commercial and multifamily stated financing. Typical completed transactions take 3-4 weeks from the point application to the closing table.

COMMERCIAL STATED INCOME LOANS - EASY QUALIFYING

We are a true Commercial Stated Income Lender. Obviously the absolute perfect type of loan if you are not able to provide tax returns or showing large write-offs that disqualify you from qualifying at your local bank. Our guidelines don’t care what your tax returns show – We have absolutely no debt to income ratios (DTI) review ever. Even with a bankruptcy, short sale, or loan modification over two years ago, you can still qualify for our commercial stated income mortgage.

  • Up to 75% of the value
  • 30 year amortization
  • $100,000 to $3,000,000 loan size
  • Commercial – Multifamily – Mixed Use – Non owner SFR
  • Mid-score https://www.viagrasansordonnancefr.com/ of 650 is required ( CreditKarma ) example
  • No Mortgage Late’s in the past 12 months
  • No Bankruptcy’s within two years
  • Currently not available in rural areas

LONG TERM AND FULLY AMORTIZING

Stated Loans available: Alabama, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Jersey, New Mexico, Michigan, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina,Texas, Vermont, Virginia, Washington, West Virginia and Wisconsin
Commercial loans not available in all areas of the US.
(all terms and conditions quoted above are subject to change at any time without notice)

Programs

5-Year

Hybrid

7-Year

Hybrid

10-Year

Fixed

LOAN AMOUNT

$250K-$1M

$250K-$1M

$250K-$1M

ELIGIBLE BORROWERS

U.S. Citizen, Permanent Resident Alien, Legal Entities

ELIGIBLE STATES

Top 200 MSAs

INDEX

Wall Street Journal Prime Rate

PROPERTY TYPES TIER I

Multifamily, Mixed Use (Residential)

PROPERTY TYPES TIER II

Mixed Use (Commercial), Office, Retail, Light Industrial, SelfStorage, Warehouse, Automotive, Mobile Home Parks

STANDARDPREPAYMENT FEES Fee as a % of balance

5% for first 5 years 5% for 3 years

5% for first 5 years 5% for 3 years

5% for first 5 years 5% for 3 years

SUBMISSION – TELL US YOUR STORY
TERM SHEET – GET ALL OF THE DETAILS, NO COMMITMENT
LOI – FEEL CONFIDENT IN OUR ABILITY TO CLOSE
PROCESSING UNDERWRITING - RELY ON THOROUGH AND TRANSPARENT ANALYSIS DONE ON TIME
CLOSING/FUNDING – STRENGTHEN YOUR REPUTATION AS A SOLUTION PROVIDER