Stated Income Commercial Real Estate Loans Help Your Portfolio Grow

If you are looking for an effective way to refinance your properties so that you can consolidate your portfolio, you really need to be looking at stated income commercial real estate loans as an option. They are not as well-known as conventional loans because they are not necessarily designed to support single purchases, although they can. Instead, these loans are based on the earning power of a building, and the working capital they free up can be reinvested in that property or in any other property in your portfolio.

How Stated Income Loans Work

When you apply for a stated income loan, our associates review the building’s revenue and type alongside your credit information. That allows them to determine what LTV you qualify for, and it also helps them to get an accurate picture of its earning potential. Then, a long-term loan with a fixed rate is tied to that value, so you get the same kind of security and long-term planning out of these loans that you see from other loans. The difference is that it is easier to use these for a cash-out refinance when you need one, and your loan value is a much more accurate reflection of your earnings.

Program Parameters

  • 600 or higher credit score to quality
  • W-2 or self-employment verification
  • Up to 75% LTV for 5+ unit residential properties
  • Up to 70% LTV for 1-4 unit residential properties
  • Up to 65% LTV for warehouses, storefronts, and other commercial properties
  • Fixed-rate, amortizing loans
  • Terms up to 25 years
  • Buildings must not be owner-occupied

I you are ready to move into a phase of rapid growth with your real estate holdings, it’s time to talk to one of our associates about how stated income commercial real estate loans can help balance out your loan portfolio. They are waiting to answer questions or to help with an application.