Stated Income: The Alternative Commercial Real Estate Loan

Are you searching for a commercial real estate loan? Have you been turned down previously? Do you need the process to move faster? A stated income commercial real estate loan from Creideas Capital may be the solution you are looking for. We can help you with purchasing, renovating or refinancing real estate as well as consolidating debt or building working capital.

How It Works

When you apply for a conventional real estate mortgage, the lender will primarily examine your credit history and income to determine if you are able to repay the loan. This involves a lot of documentation and a slow underwriting process. The emphasis of the process is on you as the borrower, not on the property in question.

With a stated income, this is flipped. Creideas Capital will examine the property and its ability to generate income. If the value of the real estate is sufficient to cover the mortgage, insurance and taxes, you will likely be approved. There is much less paperwork, and the approval process is significantly faster. This makes it great for borrowers who are on a timeline.

We can help with many types of properties including warehouses, offices, apartments and almost any other type of real estate. If the property qualifies, you likely will too.

The Benefits of Stated Income

With a stated income commercial real estate loan, you will enjoy many advantages over a conventional mortgage. These are some of the reasons you may want to consider this option:

  • You can qualify with a credit score as low as 600.
  • We can offer large loan amounts.
  • We provide loan-to-value ratios of up to 75%.
  • You can use the funds for a diverse variety of needs.
  • You only need to provide a W-2 or self-employment documentation.

Learn More

Contact Creideas Capital today to learn more about stated income commercial real estate loans. We look forward to helping you get started.