A Loan Alternative: Stated Income Commercial Real Estate Loans
Whether you are seeking to finance the purchase of a restaurant or office park, a stated income commercial real estate loan may be the right alternative for you. This is different than a traditional commercial loan. Rather than focusing on the buyer’s credit, it requires that the property’s value can cover taxes, insurance, and mortgage costs before approval can be made.
How You Can Use Commercial Real Estate Financing
Ard Commercial Capital is prepared to offer you many options for your stated income commercial loan:
Because the property’s value is the main component in financing approval, there is generally less paperwork to complete to qualify, making the process quicker. Conditions also include the following:
We also offer soft money loans up to $500,000 with fixed rates and fully amortizing to 25 years. Most commercial property types are accepted, and closing can occur within two or three weeks.
Call our experienced team at Ard Commercial Capital today to get started on your stated income commercial real estate loan.