Stated Income Commercial Real Estate

Apply for a Stated Income Commercial Real Estate Loan

If you have been unsuccessful in trying to obtain other types of commercial real estate loans, a stated-income commercial real estate loan might be a better option for you. JT Commercial Capital offers this type of financing that you, as a real estate manager, can use for numerous purposes, including buying new properties and consolidating existing debt.

What Are the Differences?

There are several key differences between stated income and the more traditional real estate loans that you might be used to, including:

  • Less stringent credit history requirements
  • More focus on the real estate involved in the loan transaction than on the borrower’s financial situation
  • A quicker approval process due to less paperwork involved

One thing to keep in mind when taking out a stated income real estate loan is that you are still required to pay for any insurance, taxes, and mortgage on the loan through the value of your property. Most types of businesses can qualify for this loan through us, from apartment complexes to dining establishments and more.

Our Stated Income Loans

Now that you know about the benefits, here are some more specifics to do with our stated income commercial real estate loans:

  • They are 25-year amortized loans with fixed rates
  • We can provide loans valued as high as $500,000
  • Our loans require a credit score of 600 or above

Our loan-to-value ratios vary between 65% and 75%, depending on the type of property the loan is for. For example, offices and retail establishments can get a 65% LTV ratio, while multifamily rental properties can get a 75% LTV ratio.

Learn More About Our Loans

One of the financing professionals at JT Commercial Capital would be more than happy to speak with you about our stated income commercial real estate loans and whether or not they are a good option for you. Give us a call today!