The Benefits of Commercial Real Estate Stated Income Loans

If a standard bank loan is not an option for your business, the financial experts at Alta Commercial Capital offer a stated income commercial real estate loan that could be a viable solution.

How Are Stated Income Loans Different?

The most common reason that a business struggles to secure financing has to do with damaged or undeveloped credit history. With a stated income commercial real estate loan, finances are secured based on the value of the property in question. If the property value is sufficient to encompass the mortgage, taxes, and insurance for the loan, this type of financing could solve your capital needs.

What Type of Property Qualifies?

Many types of property qualify for a stated income commercial real estate loan, including;

• Industrial spaces
• Warehouses
• Multi-family residential property
• Restaurants
• Retail Locations

As long as the property meets certain requirements, most commercial real estate can be used to secure this type of financing.

The Benefits of Stated Income Loans

Applying for a loan can be a frustrating process. Because a stated income commercial real estate loan is based on the value of a piece of commercial property, you can avoid the arduous documentation that is necessary for a typical loan. Additionally, these loans have a much quicker processing time than traditional bank loans. In fact, you could have your funds in as little as two to three weeks. A loan that secures the financing you need with less paperwork and less wait time is a win-win scenario.

What Are the Terms?

Our stated income commercial real estate loans come with competitive terms like these:

• 25 year amortization
• Amounts as high as $500,000
• Fixed interest rates
• Low qualifying credit score of 600

Contact Us

Reach out to the commercial loan experts at Alta Commercial Capital today. A stated income commercial real estate loan could be the financial solution your business needs, and the capital could be in your hands in as little as three weeks.