Stated Income Commercial Real Estate

Apply for a Stated Income Real Estate Loan

At Sterling Commercial Capital LLC, we specialize in finding the best lending solutions for your property investments. As a commercial real estate investor, you may find a need for debt consolidation, renovation, working capital, or purchasing, and we can help with our stated income commercial real estate loan program.

Whether other lenders turned you down because of your credit history or you want to avoid the piles of paperwork, and all that entails, our lending specialists can help.

Advantages of a Stated Income Commercial Real Estate Loan

Our stated income program is an excellent option for qualified candidates. As long as you have a qualifying credit score of 600, we can help. Our program has many benefits, including:

  • Loan limits up to $500,000
  • Fixed rates
  • Loan terms of 25 years
  • Fewer restrictions on funds use (purchase, refinance, debt consolidation, etc.)
  • Between 65% and 75% LTV, depending on property type

While we don’t require a tremendous amount of paperwork, we still need to see self-employment documentation or W-2s. Still, our requirements are far fewer than conventional lenders.

Differences Between a Traditional and Stated Income Loan

Traditional lenders focus on the borrower more than the property in question. Because they concern themselves more with the borrower, they require reams of paperwork and a thorough financial vetting of the applicant.

A stated income loan focuses more on the property than the borrower. We are primarily concerned with the property’s value and that it can cover the loan’s mortgage, insurance, and taxes. Our focus on property value over individual financials and credit means we can approve stated-income loans much faster than conventional lenders.

Contact Us

Are you in need of a quick commercial real estate loan? Contact a Sterling Commercial Capital LLC representative to learn more about our stated income commercial real estate program and start your application. Our team is always happy to help.