Stated income commercial real estate loans allow borrowers to qualify without providing tax returns, W-2s, or pay stubs. Instead, the loan is approved based on the stated income from the property or business, making this program ideal for self-employed investors, entrepreneurs, and anyone whose tax returns don’t reflect their true earning power.
At Boathouse CFG, our stated income commercial real estate programs are available for single family rental properties, multi-family apartments, mixed-use buildings, office space, and other commercial properties. If you’ve been turned down by banks because your adjusted gross income appears low due to legitimate tax deductions, a stated income loan may be your solution.
Our stated income commercial real estate loans feature no tax return requirements, faster approvals, flexible underwriting, and loan terms designed for investors. We’ve been helping self-employed borrowers get funded since 2010. Apply today for a fast, no-hassle decision.
If you are a business owner in search of financing for your business, contact us today to receive a free consultation.
Traditional fully-documented income loans are not always the most ideal option when it comes to commercial real estate. That is why Boathouse Commercial Funding Group offers stated income commercial loans as an alternative to full documentation loans for businesses like yours. The benefits of stated income loans are you can avoid the cost and hassle of audited financials, collecting rent rolls, justifying expenses, and chasing your accountant….
We understand that proving your income can be a tough and time-consuming project that you simply may not have the time and energy for. Therefore, we have programs that focus more on the quality of the property, project, or equipment you are purchasing/refinancing/rehabbing than proving every penny of income. Decent credit, but not necessarily great credit, is required as well.
If you are too busy creating income to take the time to prove your income, we understand. We have many stated income and low documentation financing options to insure you get the financing you need when you need it. Call Boathouse Commercial Financing Group today to get started
One of the main advantages of a stated income commercial real estate loan is that it can be used in a variety of industries, including real estate, apartment housing, warehouses and restaurants. It can also help a business by purchasing property, remodeling existing property, consolidating debt and even refinancing.
If you are a business owner in search of financing for your business, contact us today to receive a free consultation.
When you finance your commercial property project with us, you can take advantage of many benefits. This include the following aspects of our loan agreements:
We’re proud of our national recognition as a leader in business loans and commercial finance and are confident that we can get you the financing you need to fund your operations successfully. To learn more about how we can help or to set up an appointment, contact us today. We’ll sit with you to understand your business and find the right solution for your needs.
From residential properties, commercial properties and even land, a wide range of real estate assets can be financed. Often times we can bundle properties together to get the funds you need as well.
Typically, our loans close within 7-15 days, depending on the specifics of the deal.
Real estate investors, property flippers, borrowers in default, and those seeking quick financing for time-sensitive projects.
