Stated Income Commercial Real Estate

When you apply for a stated income commercial real estate loan, Achieve Capital Advisors looks more at the piece of real estate we will be helping to finance than at the borrower’s credit history. We make sure that the value of the property has a high chance of being able to pay off the mortgage, insurance and taxes of the loan. Because borrowers do not have to show as much paperwork to be approved for a stated income loan, the approval process is much quicker than that of a traditional commercial loan.

We help with financing for various businesses, including restaurants, condo buildings and other multi-family properties and warehouses.

Features of Stated Income Loans

Here are some things to know about your stated income commercial real estate loan:

• They require a credit score of at least 600 to qualify
• They are offered to almost any type of property, as long as it meets requirements
• Debt consolidation, purchasing, and refinancing are a few of the things these loans can be used for
• They come in large amounts up to $500,000
• They provide up to 70% LTV ratio for non-owner occupied properties of 1 to 4 units
• They provide up to 75% LTV ratio for multi-family properties of 5 or more units with qualifying credit scores of 700 and above