Real Capital With Stated Income Commercial Real Estate Loans

Whether you’re a restauranteur or the owner of an apartment block, your business relies on your location to succeed. If you’ve had difficulty getting traditional loans or want to avoid the headaches that they come with, stated income commercial real estate loans are an excellent alternative. Working with Nanaki Capital, you have the opportunity to make your property work for you.

Capital Difference

While traditional loans examine the credit history of the borrower as the primary focus for approval, stated income commercial real estate loans value the property your business is on. Since the real estate worth is compared to its mortgage, taxes and insurance, it can be approved quickly and with much less paperwork and hassle.

The size of your loan is determined by the loan-to-value (LTV) of your property. Loans vary, starting at 65% LTV for office space, auto service, self-storage, warehouse storage and retail businesses. If yours is mixed use or multi-family property containing five or more units, you may be eligible for up to a %75 LTV ratio (higher credit scores may apply for greater LTV ratios).

The Real Deal

Obtaining approval for a stated income lone is much less of a hassle than traditional financing options. There are some requirements for and many benefits to getting a stated income loan, including:

  • Required credit score of at least 600
  • W2 documentation or self-employment information
  • 25-year, fixed-rate amortized loans
  • Large loans of up to $500,000
  • Discretionary spending
  • Most property types qualify

By choosing a stated income loan, you have the opportunity to focus on what your business needs to succeed. If you’re interested in consolidating debt, purchasing equipment, or improving properties, this form of financing offers the fiscal freedom to use it in the way you see fit.

Choosing a stated income commercial real estate loan is an excellent alternative to any owner looking to improve their company in any number of ways. Contact Nanaki Capital today and let us help make your business the success it deserves to be.