Do you have poor credit and wonder about your ability to get approved for a loan? If so, you can’t go wrong by applying for a stated income commercial real estate loan from Commercial Capital Professionals. This loan is specifically designed for applicants who may not have the best credit history. This type of loan may also be ideal for you if your credit profile is OK but you don’t look forward to filling out the mounds of paperwork typically associated with regular loans.

How a Stated Income Loan Is Different from Other Loan Types

Our stated income commercial real estate loan program is different from the other loans we offer because it bases approvals primarily on property values. If you’re trying to purchase a property that is not valued high enough to cover the associated taxes and mortgage costs, your chance of getting approved for this type of loan is low. However, if the property value is sufficiently high, your approval chances are great even if your credit profile is not as good as you would like it to be.

A stated real estate loan works well for all types of properties, from warehouses to restaurants and everything in-between. Some people also use this type of loan to consolidate debt and improve existing properties they already own.

Loan Basics

When applying for a stated income loan, it’s important to understand all the associated loan terms and basics. Our loans include:

• Fixed rates
• 25-year terms
• Amortization
• Large loan amounts
• Up to 75% loan-to-value for qualifying properties

All property types are welcome, as long as the borrower has a minimum qualifying credit score of 600. W-2 or self-employment documentation is also necessary to qualify for one of these loans.

Contact Us

Are you ready to see if you qualify for a stated income commercial real estate loan? Reach out to us and we’ll send you an application right away.