Stated Income Commercial Real Estate
Real Financing for Investment Properties
Some business owners start to feel like the dreams of owning a property for their small business are just that — dreams. In reality, property acquisition, remodeling, and other upgrades are completely possible for countless small businesses.
The key is to apply for the right type of real estate financing. At Magenta Commercial Capital, we’ve had the privilege of assisting many business owners to reach their real estate goals with our stated income commercial real estate loans.
Is Stated Income Commercial Real Estate Financing Right for Your Business?
If you’ve been turned down for conventional mortgages or improvement loans because of not meeting certain requirements, you should look into the benefits of stated income financing. These loans are specifically designed for business owners that don’t meet traditional real estate loan requirements, such as many small business owners and sole proprietors.
What are the benefits of stated income loans?
- Accessible requirements for credit rating:You don’t need perfect or excellent credit to apply for stated income loans. Many businesses that have had past credit issues can still qualify.
- Funding for real estate improvements:Unlike conventional mortgages, stated income commercial real estate loans let you use the funding for purchasing and improving the property. That way, you start a new location with your best foot forward.
- Comfortable financing terms:Because stated income loans utilize the property as collateral, small businesses can qualify for great loan terms. We customize monthly payments, loan length, and interest rates to what is comfortable for each company.
Are You Ready to Get Started?
The application process is simple. We can help you get prequalified quickly so you know how much funding you have available for your plans. Our team is happy to answer all of your questions. Another great benefit of stated income loans is that you don’t need to present tons of business documents.
Learn more about this powerful, flexible financing solution today.