Stated Income Loans

Stated Income Loans Commercial & Multifamily Rental Properties

NATIONWIDE Stated Income Investor Rental Unit Mortgage Loans
– Loan Amounts up to $5,000,000
– Loan Purpose Purchase, Refinance, Cash Out
– Property Types: Non-Owner Occupied Single Family Residence and 2 – 4 Rental Units
– Debt Service Ratio 1.20x
– Loan to Value Max 70%
– FICO 650 mid score
– Fixed Period 3 & 5 year options, see below for adjustable info
– Terms 30 year fully amortizing / 30 year loan

Stated Income Small Commercial Lending – Nationwide
– Loan Amounts up to $5,000,000
– Loan Purpose Purchase, Refinance, Cash Out
– Property Types
Class I: Multifamily (5+ Units) & Mixed-use
Class II: Office, Retail, Warehouse, Self-Storage, Automotive Services
– Debt Service Ratio Class I: 1.20x / Class II: 1.25x
– Loan to Value Class I: 70% / Class II: 65%
– FICO 650 mid score
– Fixed Period 3 & 5 year options, see below for adjustable info
– Terms 30 year fully amortizing / 30 year loan

Adjustable format
– WSJ Prime + 4%, Caps 2% first adjustment then 1% per period
– 2% yearly max – 6% life cap over start rate

Highlights of Program

  • No Tax Returns
  • Loan turned down by other lenders
  • Perfect for self-employed
  • Common sense underwriting
  • Permanent financing, No balloons
  • Quick Closings

Let us put our experience and expertise to work for you. Call us (310) 356-6500