Is a Stated Income Commercial Real Estate Loan Right for You?

Getting a loan isn’t always a simple process, but here at Raising Capital Solutions, we try to make it as straightforward as possible. For borrowers who may not have the best credit history but want to get a commercial real estate loan, we have the ideal solution. Our stated income commercial real estate program was designed for borrowers like you who may not have the longest or most impressive credit histories. The program can help you improve property you currently own or purchase new property. It can even be useful for consolidating debt.

How the Program Works

There are several differences between a stated income commercial real estate loan and a traditional loan. When we issue a stated income loan, we analyze the value of the property you’re trying to acquire. While you still need to have a qualifying credit score, you’ll be pleased to know that we accept scores as low as 600 through this program.

In addition to having a qualifying credit score, the property itself must qualify for our funding. In order to do so, the property value must be sufficiently high to cover these associated costs:

• Mortgage
• Insurance
• Taxes

Another benefit of a stated income loan is that you can get approved more quickly than you would with a standard loan because you don’t need to provide very much documentation.

Loan Basics

Before applying for any loan, you need to understand the terms and benefits associated with the loan. Here are a few things to know about our stated income commercial real estate loans.

• They come with fixed rates
• They offer up to 75% loan-to-value
• Approval amounts can be as high as $500,000
• All property types are welcome to apply

To apply for one of these loan products today, get in touch with us. We’ll let you know how to get started.