Our Stated Income Commercial Real Estate Program and Your Business
Stated income commercial real estate loans are an excellent way for your organization to access the resources necessary to acquire new property. If you are interested in purchasing real estate but don’t wish to take out a traditional loan, our program can help.
How It Works
A stated income loan differs from traditional lending in that your assets do not have to be confirmed before approval. Instead, decisions are made based on the property’s potential income (such as value increases) and obligations (such as tax burdens or insurance). This leads to a quicker approval process and decreased documentation; the process is generally completed in about two or three weeks.
Many different kinds of property can be acquired via a stated income loan. You might choose to purchase:
- Office space
- Storage facilities
- Undeveloped land
- Retail properties
- Apartment buildings
The funds acquired from one of these loans have many potential applications, too. Your company may choose to open a new location or expand operations, or it might simply invest in the land. Other options include making improvements such as remodeling or renovations to an existing location. Many businesses use this money to consolidate debt, refinance, or even create more working capital; some choose to rent out the new property. Stated income loans offer a great deal of flexibility.
Our loan parameters are designed to protect your bottom line. With low rates and high LTV’s, we can tailor a specific plan for your business. Amounts may range from $100,000 to $5,000,000.
At Avniel Commercial Funding, we are invested in the long-term health of your company. Our team has the experience and expertise necessary to help you acquire new properties and manage existing ones. If you would like to learn more about our stated income commercial real estate loans, then contact a member of our team today. They’ll be happy to answer your questions or forward an application.