Get More Out of Your Real Estate Equity Today

Property investment is a lucrative investment opportunity whether it’s your core business or just a way of putting your money to work and creating a secondary income line. Regardless of your portfolio size or investment goals, you will be able to expand more quickly and raise the value of your properties more consistently when you can move equity between them. Traditional loans are not built with cash-out refinancing in mind, even when they allow it. Stated income commercial real estate loans, on the other hand, are built with the idea that cash-out financing should be easy.

How Stated Income Loans Work for Real Estate

These loans use the income a property brings in as the basis for valuing it, not the resale value on the current market. That means they’re more like business loans in the way they depend on your financial history and projections. Since you can put the funds to use any way you want, it’s easy to get a stated income loan on a building that’s paid off or nearly so, then use the money to buy a new property. That way, you use the existing income of one property as a hedge against the performance of the other.

Program Parameters

When you borrow from Nations Capital Financing, your loan package will include the following features:

  • Approval for borrowers with a FICO of 600 or higher
  • W-2 or self-employment verification possible
  • Funding up to $5 million
  • Terms up to 25 years
  • LTVs range between 65 and 75% depending on property type
  • Flexible interest rates based on your credit rating

In addition to these parameters, borrowers need to understand that stated income loans are not available for owner-occupied properties of any kind. That means you’ll need a more traditional financing package if you live on site or you’re buying a building to use as facilities. For more information, contact our team and let them know you want to ask questions about stated income commercial real estate loans.