Stated Income Commercial Mortgage Loan

Stated Income Loans For Borrowers That Are Unable To Qualify Going Full Documentation $100M - $5MM

Maybe you don't want the banks looking into your tax returns. Loan programs that most traditional lenders can't provide. We have the Investor loan programs for you as long as you have the down payment and cash flow to support the loan.  You need 5% of your own money, the remainder can be a gift for down payment and closing costs.  Verification of Employment and Assets are required. We don't ask for paystub or tax returns.

  • 3 or 8 year ARMs available with rates starting around 7.49% (Rate buy down available)
  • 30 year fully amortized loans
  • Minimum credit score as low as 650  
  • Investment SFRs, 2-4 units, Condos and PUDs up to $2 million
  • Mixed-use, 5+ Units, warehouse, office, retail, self-storage and auto repair, up to $5 million
  • Now lending on commercial condos
  • W-2 or self-employed
  • No tax returns required                                                                                                                                                                        
  • Seller seconds and gift funds allowed on purchases                             
  • Simple documentation                                                                                                                                                                
  • Maximum LTV is 70% and may change based on loan size >$1MM                                                                                                        
  • Required escrows for property taxes and insurance                                                                                         

All we need to get started on any deal is a mortgage application (form 1003) and tri-merge credit report on the borrower.  I look forward to speaking with you, and financing your nontraditional deals.

Call us today and let us help you determine which program meets your specific need.  Please contact us  with any questions or possible deal scenarios at 908-722-9217 or toll-free at 800-327-0123.