800-247-8212 Direct Stated Income Commercial Mortgage – No Doc to Low Doc Loan for income property owners, investors and owner user businesses. It has never been easier with our easy loan approval process, to help you take advantage of the growing opportunities in the commercial real estate industry. We only need a simple application to get you started today! Stated Income Loan Lender. No Tax Returns – No W-2’s – No Debt to Income Ratio. Contact us today!
STATED INCOME COMMERCIAL
Loan Amounts
- $100,000 to $5,000,000
Loan Purpose
- Refinance or Purchase
- Cash Out – OK!
Loan To Value
- Up to 75% loan to value
Type of Commercial Real Estate considered
- Multifamily – Apartments (5+ units)
- Mixed Use Properties
- Commercial Condo’s
- Office
- Retail
- Warehouse
- Self Storage
- Automotive Services (no gas stations on this program)
Rates Starting as Low as:
- Multifamily and Apartments – as low as 6.99%
- Commercial – as low as 7.49%
- Buy your rate down to as low as 5.99% for Multi Family or 6.49% for Commercial
- Or increase your prepayment period for a reduced rate
- Add .25 to the rate for a Commercial and Multi Family Stated Refinance
Minimum FICO 640* mid score for Maximum LTV. * And As Low as 610!
Fully Amortized 30/30 , Fixed for 3 years and then adjustable year 4 through 30
(8 year fixed options Now Available with a 5 year ppp)
Prepayment Terms
- 3 years and 5 years (increase your prepayment period for a Reduced Rate!)
STATES CONSIDERED FOR COMMERCIAL STATED INCOME:
Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina,Texas, Utah, Virginia, Washington, West Virginia and Wisconsin (no rural property loans available)
PROGRAM NOT AVAILABLE IN THESE STATES:
AZ, IL, MI, MN, ND, NV, OR, TN, SD, VT or WY
Disclaimer: The above rates and terms are general guidelines and subject to change at any time without notice. Impounds are required for property Taxes and Insurance. Loans are assumable upon lenders discretion. All individual loan requests will be considered on a case by case basis.