Stated Income Commercial Real Estate

Securing funding from traditional sources such as banks can be a complicated process, especially when it comes for refinancing commercial real estate. The process may be made more difficult if the owner or the business has challenged credit. Elerock Commercial Lending can make lending almost certainly approved as long as your commercial real estate has earnings. This allows successful business owners to not be held back from funding. Stating income commercial real estate financing uses your real estate as collateral, making your credit score and history a minimum factor in your approval. 

As long as the income from the property can cover the tax, mortgage and insurance expenses, approval is almost guaranteed. 

  • Owner and Non-Owner Occupied Real Estate

  • Purchase, refinance, and cash-out refinance

  • Loan sizes from $50,000 to $5,000,000

  • Up to 75% LTV

  • up to 80% LTV with seller held second

  • Higher LTV with cross collateralization

  • 600 credit score to qualify 

  • Interest only available

  • Closing in 3 to 4 weeks

For more information about stated income loan solutions for businesses wanting or buy or refinance commercial property from Elerock Commercial Funding, contact us today.