Secure Stated Income Commercial Real Estate Financing
North Texas Commercial Capital is proud to provide stated income commercial real estate financing options to all qualified individuals. Unlike conventional commercial loans, stated income loans are much more concerned with a specific piece of real estate than a borrower’s credit history. The approval process is also much faster, as there is much less paperwork involved. It’s a fantastic alternative for anyone who is seeking financial assistance for property purchases, property improvement, working capital, and more.
How It Works
The basis of our stated income financing program is that the property income value must be able to service the mortgage, taxes, and insurance in order to be approved. When those determining factors are met, we offer flexible loan parameters to all qualified individuals. These include:
- Between $100,000 and $5,000,000
- Up to 70% LTV for 1-4 unit non-owner occupied investment properties
- Up to 75% LTV for 5+ unit multifamily and mixed use
- Up to 65% LTV for office, retail, self-storage, auto service, and warehouse
- Purchase, refinance, and cash-out refinance.
North Texas Commercial Capital is also proud to offer soft money commercial loans to qualified individuals. These range up to $500,000 and can be used for nearly any type of commercial property, with closings in as little as two weeks. We offer fixed rates and full amortizations up to 25 years.
What Types of Properties Are Eligible
You can finance many different types of properties with our stated income commercial real estate loans. These include:
- Retail properties
- Apartment buildings
- Many more.
How to Use our Stated Income Loans
Eligible individuals can use our stated income loan program to finance a variety of different scenarios. Some of these include:
- Property purchases
- Property improvements
- Working capital
- Debt consolidation
- Many others.
The best way to find out how we can help you to achieve your real estate financing goals is to call our team at North Texas Commercial Capital. We look forward to working together.