Move in the Right Direction for Your Real Estate Goals

For many small business owners, buying a commercial property can seem like an impossible dream. The strict requirements of traditional mortgages can be an obstacle if your credit rating seems low. Don’t give up! Make progress toward your goal by applying for a comfortable stated income commercial real estate loan instead.

How Can Stated Income Commercial Real Estate Loans Help You?

The main concept behind stated income loans is that qualification depends on the property you want to purchase rather than factors such as your business credit score or cash flow. If you have the money needed for the down payment, meeting the other requirements is a breeze:

  • Self-employment documents or W-2s
  • Information about the property you want
  • Simple application
  • Low credit score requirements

How much capital is required for the down payment? It varies depending on the loan-to-value ratio of the financing. Different property types offer different LTVs. We provide comprehensive loans for owner-operated real estate, mixed-use properties, multifamily housing, and investment properties.

What Type of Business Can Benefit from Stated Income Real Estate Loans?

Stated income loans are valuable for any company that has trouble meeting the requirements of traditional loans. Many real estate businesses also use stated income commercial real estate loans because of the advantages:

  • Faster loan approval
  • Fixed interest rates
  • 25-year repayment terms
  • Fully amortized financing
  • Capital for purchases, remodeling, and expansion
  • Wide variety of property types

A stated income loan offers you significant control over your project. You can choose real estate in a great location for your small business. You can use financing to perform needed improvements so the property is a perfect fit for your customers. From start to finish, this type of financing is designed to make life easier for your business.

Discover other benefits of stated income real estate loans by contacting our team at Synergy Commercial Funding today.