A Quick Loan Alternative for Commercial Real Estate
Securing a traditional loan to finance the purchase of commercial real estate can be a challenge. At ARTIS COMMERCIAL CAPITAL we take the hassle out of the process with our stated income commercial real estate loans that make it simple to get the capital you need for expenses such as these:
- Purchase commercial real estate
- Obtain working capital
- Renovate a property
- Consolidate or Refinance existing obligations
Our stated income loans require significantly less paperwork, close much more quickly, and can be used to purchase or remodel commercial properties such as multi-family residential units, industrial buildings, dining establishments as well as mixed-use properties.
What Is a Stated Income Loan?
Standard bank loans require you to file reams of paperwork, you’ll need excellent credit to get approved and the processing time can stretch out into weeks or even longer. A stated income loan is given based on the value of the property you intend to purchase rather than on your personal credit score. This makes these loans a viable option for investors and real estate professionals that may not have a perfect credit record. It also alleviates the need for excess paperwork and streamlines the approval process. If approved for our commercial real estate stated income loans you could have your funds in hand in as little as two weeks.
What Does it Look Like?
To apply for a stated income loan you’ll only need a credit score of 600. If approved you’ll get terms such as these:
- Financing up to $2 Million
- LTV up to 75%
- Fixed interest rates
- Full amortizations
- Terms up to 25 years
Get In Touch Today
Reach out to one of our loan specialists to find out if a commercial real estate stated income loan from ARTIS COMMERCIAL CAPITAL could be the financial solution you’ve been looking for.