Funding Your Growth With State Income Commercial Real Estate Loans

When you are building up your real estate portfolio, you need to be able to access the equity in any of your buildings to cover expenses wherever you happen to have them. Unfortunately, traditional commercial real estate loans are not set up to handle that kind of investment ambition, and they can wind up locking your equity to a specific property, making it hard for you to use the equity built up in one building when you have renovations that need to be done in another. That’s where stated income commercial real estate loans become useful.

Using Stated Income Loans to Your Advantage

Since stated income loans allow you to do anything with the money, you can more easily use them to cover all of your business expenses and to take advantage of all kinds of opportunities. That means being able to refinance a high performing building for another purchase, starting your new acquisition off with no direct debt. It’s also possible to fund renovations at multiple properties with the loan on a single high-income earner. Arrange your debt and equity as you need to hedge risks and take advantage of opportunities.

Our Program’s Parameters

  • Lending for those with a 600 credit score or higher
  • Terms up to 25 years
  • No prepayment penalties
  • Financing up to $5 million
  • Up to 75% LTV for 5+ unit residential properties
  • Up to 70% LTV for 1-4 unit residential properties
  • Up to 65% LTV for commercial properties
  • No owner-occupied properties

Build Your Portfolio to Your Advantage

Nothing opens up your opportunities like having your money organized so that your working capital is always accessible. That’s why our stated income loans are so popular with our customers. Contact Scott Capital Lending Group today to get more information about this program or to talk to our associates about starting an application.