Secure Your Company’s Finances With a Stated Income Commercial Real Estate Loan

Do you own an excellent commercial property? Have you been turned down for traditional loans? The financial experts at A-1 Capital Solutions can help. We offer stated income commercial real estate loans that you can use to build working capital, improve your current property, purchase new property, refinance or consolidate your debt.

The Basics

A stated income loan is available for nearly any type of property and only requires you to have a credit score of 600. Loans are available in amounts of up to $500,000, and repayment terms include fixed rates over 25 years. All you need is a W-2 or self-employment documentation. Loan-to-value percentages depend on the type of property.

  • Multifamily or mixed-use properties that have at least five units qualify for up to 75 percent LTV but require a credit score of 700
  • Investment properties not occupied by the owner qualify for up to 70 percent LTV
  • Offices, warehouses, retail stores and similar properties qualify for up to 65 percent LTV

The Difference Between Traditional Loans and Stated Income Loans

Traditional loans typically require the business owner to have an excellent credit score before receiving an approval. They may have high interest rates as well. For these reasons, it is hard for some business owners to qualify. On the other hand, stated income commercial real estate loans focus on the value of the property being used as collateral than on the owner’s credit score. The property’s value must be enough that it would cover the taxes, insurance and mortgage of a stated income loan. Because there is not as much documentation required, these types of loans are typically approved more quickly than traditional loans.

Get Your Working Capital Today

Do you think your property will qualify for a stated income commercial real estate loan? Ask the financial experts at A-1 Capital Solutions how you can start the application process.