Premier Solution for Stated Income Commercial Real Estate Funding
Stated income commercial real estate loans from Resolute Commercial Capital are an ideal alternative for those without enough income on their tax returns to obtain conventional bank funding. Stated income loans permit you to state the amount of income that you and your business earns. Depending on the amount you state, our experts calculate the total that we can lend and the interest rate that you will pay.
Stated Income Loan Highlights
A stated income commercial loan focuses on a parcel of commercial real estate instead of your credit history. The property’s income value must be able to maintain the mortgage, insurance, and taxes for a stated income commercial loan approval. One advantage to a stated income commercial loan from Resolute Commercial Capital over a traditional commercial loan is that the approval process is faster because there are fewer documents involved for you to qualify. Other highlights include:
Stated income loans from Resolute Commercial Capital are more effective in helping you get financing than major lending institutions. As a borrower, stated income loans give you extended repayment periods, ensuring that you have cash on hand to meet daily operating needs and develop your business.
Purposes for Stated Income Loans
Here at Resolute Commercial Capital, our stated income commercial real estate loans can be used for a wide variety of purposes, including debt consolidation, property acquisition, working capital, property improvements, and refinances. This type of funding can also serve as a source of general working capital.
Get Funded Now
Stated Income Commercial real estate loans are an ideal option for borrowers looking to buy or refinance commercial property. For more details on our stated income loan solutions, contact the experts at Resolute Commercial Capital today.