We Have the Ideal Stated Income Commercial Real Estate Program for You

Here at MAC Commercial Capital, we know it can be discouraging to get turned down for a loan. That’s why we’re pleased to offer a stated income commercial real estate program for those who have been denied funding by other lending institutions. These loans are quite easy to qualify for and offer a seamless application process. You don’t need to worry about reading through or signing stacks of paperwork, either. We recommend a stated income loan if you need financing to help you improve a property, build working capital, or purchase real estate. You can even use this type of loan to refinance.

Key Differences Between Stated Income Loans and Regular Loans

While a traditional loan is granted based almost entirely on your credit profile, a stated income loan is different. Though you do need a minimum credit score to qualify, this type of loan is determined by the property value of the piece of real estate you’re buying. If the value of the property is insufficient to cover the taxes, mortgage and insurance, you won’t be able to get approved for a stated income commercial real estate loan. However, if the property is valued high enough, you shouldn’t have any issues getting approved.

Basic Loan Details

Before applying for this or any other loan type, it’s essential to understand what you’re signing up for. Here are some basic loan details associated with our stated income program:

• We frequently offer loans as high as $500,000
• You need a minimum credit score of 600 to qualify
• The loan-to-value (LTV) for this type of loan can be as high as 75%
• You’ll need to show self-employment documentation or a W-2 when you apply
• This type of loan offers low interest rates and amortization
• You can get approved for up to 25-year terms

Reach out to us at your convenience to learn more about our popular stated income commercial real estate loan products.