Stated Income Commercial Real Estate

Is a Stated Income Commercial Real Estate Loan a Good Investment?

Stated income commercial real estate loans give companies money they can use in any way. Big Mountain Capital offers this type of financing to businesses of all sizes and types. Not only do stated income loans come with many benefits, but they also allow you to grow your company in any way.

How Are Stated Income Loans Beneficial?

You determine how you want to spend the money you receive from a stated income loan. Use it to refinance, consolidate debt, stock inventory, buy equipment or any other purpose that will enrich your company. Big Mountain Capital also offered the following benefits to borrowers with a credit score of at least 600.

  • W-2 and self-employment documentation
  • 75% LTV for mixed-use properties
  • 70% LTV for owner-occupied and investment properties
  • 65% LTV for commercial properties
  • Loan amounts up to $500,000
  • 25-year terms with fixed rates

How Are Stated Income Loans Different From Traditional Financing?

What traditional loans often designate funds for specific purposes, stated income loans allow you to use the money in any way. Stated income commercial real estate loans are usually approved more quickly than traditional avenues of financing because they have less-stringent requirements and you do not have to complete a significant amount of documentation and paperwork. This avenue of financing is also easier to qualify for. If your business owns property that has a value that exceeds the cost of its expenses, it qualifies for a stated income loan regardless of which type of property it is. Because stated income loans base approval on property value rather than credit history, they are an excellent alternative to traditional financing for many companies.

Contact Us Today

Many businesses can benefit from the flexible financing they receive from a stated income commercial real estate loan with Big Mountain Capital. If you think this type of financing is right for your company, contact us today to apply.