Stated Income Commercial Real Estate

Invest in Property With a Stated Income Commercial Real Estate Loan

Purchasing property can be a great business move, but you need working capital to snatch up the best deals. Cross Commercial Capital knows that mortgages aren’t ideal for these situations, which is why we offer stated income commercial real estate loans. If you’re tired of the limitations of traditional real estate loans, we invite you to explore the many advantages offered by stated income financing.

How Much Money Can You Get with a Stated Income Commercial Real Estate Loan?

Cross Commercial Capital can lend up to $500,000 with LTV ratios between 65% and 75%. Additionally, our loans come with the following advantages:

  • Fixed monthly payments
  • Low interest rates
  • 25-year terms
  • Full amortization

Additionally, you can use a property you already own as collateral if you need to access collateral. You can then use the funds to consolidate debt, renovate a building, or whatever else you need.

Why Choose a Stated Income Loan over a Mortgage?

Stated income loans can provide cash within two weeks, which is a feat mortgages can’t achieve. The mortgage application process alone can take up to 45 days, leaving you at a disadvantage in negotiations.

What Kind of Property Can You Purchase?

You can use stated income commercial real estate loans on a wide variety of properties:

  • Offices
  • Retail spaces
  • Warehouses
  • Self-storage locations
  • Mult-family housing
  • Restaurants
  • Auto service properties

For a property to qualify as collateral, it needs to cover insurance, taxes and the principal loan amount.

What Do You Need To Qualify?

Unlike a mortgage, stated income loan applications don’t require comprehensive financial statements. Instead, Cross Commercial Capital asks for proof of employment and a credit score of at least 600. If you’re interested in a higher LTV ratio, you may need a credit score of at least 700.

How Can Cross Commercial Capital Help?

Cross Commercial Capital offers competitive terms so businesses can get the most out of their real estate investments. To find out more, schedule your consultation today.