Stated Income Commercial Real Estate

Obtain a Loan for Your Preferred Property Right Away

At Charis Commercial Capital, we understand the importance of commercial real estate for businesses of every size. If your company has been turned down for a real estate loan somewhere else, you’ll be happy to know that we have excellent financing options that can help. Stated income commercial real estate loans make it easier to get the property you want with minimal time and hassle.

What Kind of Businesses Can Benefit From Stated Income Commercial Real Estate Financing?

There are many companies that use stated income loans to purchase real estate. This type of financing is a great fit for most businesses that haven’t been able to qualify for traditional financing:

  • Companies with past credit issues
  • Businesses that need to progress quickly on the property purchase
  • Small businesses
  • Companies without collateral to use
  • Businesses that don’t meet other requirements for conventional real estate loans

If your company falls into one of these categories, or you’ve been turned down in the past for a different reason that you feel is unfair, apply for stated income financing right away. Getting prequalified doesn’t take long, and you can see how much financing you have available easily.

How Does Stated Income Financing Work?

The main difference between a traditional real estate loan and stated income financing is that the property acts as collateral for the loan. Your company’s credit score and financials aren’t as important for getting approved, and you don’t need outside collateral such as equipment or other business assets.

What else do you need to know about stated income commercial real estate financing?

  • Amortized loans with generous repayment terms
  • Large financing amounts
  • Simple documentation requirements
  • Good loan-to-value (LTV) ratio for lower down payment
  • Compatible with most commercial properties

The specific terms depend on your needs and goals. This type of loan is approved much faster than traditional real estate financing, so you can get moving on your new property right away. Contact the team at Charis Commercial Capital to learn more.