Would You Benefit from Stated Income Commercial Real Estate Loans?

If you are a real estate investor working on growing a stable portfolio of income-earning properties, you would probably benefit from using stated income loans for your properties. At least for some of them. Different real estate loans serve different purposes, after all, and there is a time for everything. Stated income commercial real estate loans are most useful when you need to get money out of a property that earns a steady income stream, especially if you expect its income to be stable for the predictable future.

How Stated Income Loans Work

Since stated income loans value the property according to its earning power and not its resale value, they do not come with a lot of the same restrictions you find other real estate loans are burdened with. That means you can use the working capital you get from refinancing to work on other investment properties, to improve the one the loan is attached to, or even to fund the purchase of new properties.

Used correctly, stated income loans provide you with a great opportunity to hedge your risks, because you can use properties with high income potentials to fund new ventures. Then, when your new ventures are up and earning, you can easily make them the asset for a new loan so you can keep expanding.

Gateway’s Stated Income Commercial Real Estate Loans

Here are the parameters of our stated income loan program:

  • Credit rating of 600 or higher
  • W-2 or self-employment verified
  • Cash out refinance, refinance, or purchase
  • Up to 75% LTV for 5+ unit residential properties
  • Up to 70% LTV for 1-4 unit residential properties
  • Up to 65% LTV for commercial space
  • No owner occupied properties

For more information about the program, get in touch with us today. Our associates are happy to answer questions about the program or to help you start your application.