Stated Income Commercial Real Estate
Take Advantage of Excellent Real Estate Pricing to Grow Your Business
As a business owner, you know that when opportunities appear, it’s important to act quickly. This applies to inventory management, employees, customers, advertising, and other avenues. One of the wisest investments for business growth is purchasing real estate that meets your needs. With a stated income commercial real estate loan from Endeavor Commercial Lending, you’re positioned to buy the property you want with comfortable terms.
Why Choose a Stated Income Commercial Real Estate Loan?
There are several advantages of stated income loans over traditional loans:
- Less documentation:You only need to submit basic business documentation with the application, such as W-2 or self-employment forms.
- Fewer credit score requirements:This type of loan focuses primarily on the value of the commercial real estate you’re interested in purchasing. That means your credit score isn’t as important for getting approved.
- Faster approval:Stated income loans are often processed quickly, making it easier to snap up that great piece of property before someone else does.
You can use a stated income commercial loan for many different real estate needs. The main use is to buy a building for your business. You can also improve or remodel existing real estate, use a property to generate working capital, refinance your current loan, or consolidate debt from different loans into one manageable monthly payment.
Our stated income loans for commercial real estate feature:
- Low interest rates
- Fixed interest
- Long repayment terms — usually 25 years amortized
- Large loans
- Great LTV ratio — usually over 65%
Learn more about stated income commercial real estate financing today. Contact Endeavor Commercial Lending today to get started.