Stated Income Commercial Real Estate Loans: The Smart Alternative
Securing financing for your commercial real estate investment can be a challenging undertaking. This is especially true for borrowers with less-than-perfect credit. However, Maat Capital & Marketing may be able to help. Our stated income commercial real estate financing program is a great way to access real estate funding when other options have not been fruitful.
What is a Stated Income Loan?
Unlike a traditional loan, a stated income loan focuses on the piece of real estate rather than the credit of the borrower. The value of the property should be able to cover the mortgage and other costs such as taxes and insurance. This type of loan can often be approved more quickly than a traditional loan.
Maat Capital & Marketing offers stated income loans to all business types. Whether you work in food service, manufacturing, healthcare, rentals or any other industry, we are happy to help you find the real estate funding you need. You can also use the funds for debt consolidation, purchasing or improving property, building working capital or several other business purposes.
How It Works
The basics of a state income loan are a little different than those of a traditional loan. Consider these factors when evaluating this type of funding for your business:
- Lower credit score requirements
- Fixed rates
- Almost any property type welcome
- Income documentation required
- Generous loan-to-value ratios
Typically, the requirements of a state income loan mean that the loan-to-value ratio will be slightly lower than conventional financing. However, it can also mean that you can access more favorable terms than would otherwise be available to you. Our team of trained professionals is happy to help you determine if this is a viable option for your situation.
Learn More
Discover why a stated income commercial real estate loan may be the smart alternative for you. Contact us today for a free consultation and analysis of your needs.