Stated Commercial and Residential Loans to meet the need of Small Business owners and CRE Investors.
Lending Solutions Overview
Stated Loan Programs Nationwide
- Product Description:
- Permanent financing for stabilized income producing properties.
- Loan Amounts Minimum: $75,000
- Maximum: $5,000,000
Funding available nationwide, except the following states:
- South Dakota
- North Dakota
- New Hampshire
Income Producing Commercial, Residential and Multifamily types considered.
- Minimum Debt Service Coverage Ratio (DSCR)
- 20x Multifamily and Mixed-Use – Class I
- 25x Commercial – Class II (based on lower of market or existing rents)
- Amortization: Fully Amortizing up to 30-Years
Prepayment penalty is required on all loans. Multiple prepayment penalty options available. Ability to prepay up to 20% of principal within any rolling 12-month period without prepayment premium.
Assumable Yes, assumption is subject to borrower’s credit qualification and approval by Stated Income Group and Partners.
Hybrid: initial fixed-period of three or five years, which adjusts to the relevant index plus margin on the first change date and every six months thereafter, consistent with the term of the index.
Six-Month LIBOR (average of London Interbank Offered Rates for six-month U.S. dollar deposits in the London market, based on quotations of major banks) and/or Wall Street Journal Prime Rate (WSJP).
Margin / Caps For current rates, margins and interest rate caps, consult Stated Income Group Permanent Rate Sheet Matrix. Floor All loans are floored at the start rate.
Experience our Financial Platform by Getting Your Term Sheet in Less than 5 Minutes
Loan Submission Form, 1003 (residential application) and Credit Report is required.
Leader in the Small-Balance Commercial Mortgage Industry
Choose an experienced and proven leader in the market to help you achieve your goals.
Stated Mortgage Loans for Commercial & Residential Properties Nationwide
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Faster, Easier, Simpler
That’s Stated Income Group Loans Our company provides unique mortgage solutions for the underserved real estate investors of commercial and residential investment properties nationwide. We understand the importance and value of Stated Income Lending Programs for non-conforming borrowers and property types.
Our Core Expertise Stated Income Unlike traditional lenders, we specialize in real estate investment capital. Our success is built on our ability to provide professional financing services to Realtors and Mortgage Brokers. We can guarantee you the most competitive mortgage products available in the marketplace today.
Commercial and Residential We offer loans from $75,000 to $5 million nationwide on multifamily, mixed-use, office, retail, warehouse, self-storage and Residential Investment Properties ranging from SFR to Fourplex units. Financing for almost every purpose: purchase, refinance and cash out refinance.
Stated Income Group Loans
Residential – Up to $2 MILLION | Commercial – Up to $5 MILLION