Stated Income Commercial Real Estate

Why Choose a Stated Income Commercial Real Estate Loan?

Investing in real estate can be a great way to advance your business’s growth and your success. However, getting a commercial real estate loan isn’t always easy. Additionally, it can be slow and paperwork-heavy. If these problems have been plaguing you, consider a stated income commercial real estate loan from Verdant Heights Global, LLC.

What Is a Stated Income Loan?

A traditional real estate loan is based principally on your ability to repay it. If you have a lot of other loans or have struggled with repayment in the past, there is little chance you will be approved. The property is considered in the process but mostly from the perspective of how much money needs to be borrowed.

Conversely, a stated income loan is focused heavily on the property and its ability to earn an income. If the value of the building is enough to cover the mortgage, insurance and taxes, there is a high chance you will be approved. The qualification criteria for the borrower are much more relaxed.

Better yet, the simpler qualification requirements mean that less paperwork is needed. Furthermore, the turnaround time is much faster. If the property qualifies for a stated income loan, there is a high chance you can get funding.

This option is available for properties of all types. You may want to consider this option whether you work in office space, warehouses, multiunit rentals, retail locations or any other type of real estate.

Benefits of Choosing Stated Income

There are numerous good reasons to choose a stated income loan. These are just a few of the advantages over a traditional loan:

  • Qualify with a score as low as 600.
  • Get a fixed rate and 25-year term.
  • Use funds for any business need including purchasing, renovating, refinancing or consolidating debt.
  • Get a high loan-to-value ratio.

Learn More

Contact Verdant Heights Global, LLC today to learn more about our stated income commercial real estate loans. One of our representatives will be happy to speak with you.