You Can Benefit From a Stated Income Commercial Real Estate Loan

Are you looking for financing that will help you close quickly on a piece of real estate? When time is of the essence, a stated income commercial real estate loan can come through for you. At Hillcrest Capital Group, we offer this type of loan to help you purchase property, build working capital, consolidate debt or take care of any other financial need.

Loan Details

Here are the basic details for a stated income commercial real estate loan.

• Self-employment or W-2 statements required
• 25-year amortized loans with fixed rates
• Credit score of 600 required

Depending on the type of property in question, you could receive a loan-to-value of up to 75%. You can also use the funds in any way you prefer. Many of our approved applicants use the finances to purchase property or consolidate their debt. All property types are welcome to apply for this flexible type of funding.

Why You Should Consider a Stated Income Loan

You may be wondering why you should choose a stated income loan over other types of loans. The answer is simple: you can receive a stated income loan much quicker than a regular loan in most cases. Additionally, you are not required to have stellar credit to get approval for this type of loan. All you need to do is make sure the property you’re buying is valued sufficiently high to cover related costs, including taxes, mortgage and insurance. A final benefit of this type of loan is that you don’t need to show very much documentation when you apply for this type of loan.

Contact Us

A stated income commercial real estate loan may help you acquire desired real estate before someone else does. To find out how you can apply for this popular type of financing today, give us a call. We look forward to talking to you and meeting your financing needs.