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Stated Income Apartment Loans

To get stated income apartment loans, you don’t need personal or business tax returns, personal financial statements, and has no monthly or annual reporting requirements. Stated income apartment loans provide competitive financing to borrowers requiring a reduced document or stated income option for the refinancing requirements. Don’t look for anywhere else than ALB Commercial Capital if you want flexible stated income apartment loans quickly. Call on 800-510-2214 and schedule a meeting with our experienced loan advisors to help you personally. http://albcommercialcapital.com/anatomy_of_deal.php

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Stated Income Apartment Loans

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  1. Stated Income Apartment Loans WELCOME Albcommercialcapital.com

  2. Things to Know about Stated Income Apartment Loans For many commercial real estate investors, getting adequate financing can be challenging. Many traditional lending channels, such as banks, have requirements designed to preclude independent commercial real estate investors. In order to solve this problem, many local investors and property developers are turning to stated income apartment loans. A stated income apartment loan is a type of mortgage for borrowers who are unable to provide tax returns or pay stubs to prove their income. Since the lender can’t verify your stated income, a higher credit score and down payment may be required to compensate for the risk being taken by your lender. Stated income apartment loans have been popular for years. The only true stated income apartment loan where no documentation is required is a hard equity loan where the value of the property is considered the prime source of repayment. Albcommercialcapital.com

  3. Why Use Stated Income Apartment Loans? • Traditional lending institutions have prohibitively high requirements in place to access financing. Traditional lenders want to see an established financial history, excellent credit ratings, and proof of enjoyment with a regular salary. The last part is usually the deal breaker with most commercial real estate investors. Many independent property investors bring in revenue when they sell houses, which rarely happen on a weekly or even bi-weekly basis. If the investment properties are rentals, then the revenue comes from tenants, and that amount is rarely consistent. Stated income apartment loans resolve the issue of salary. Albcommercialcapital.com

  4. How Stated Income Apartment Loans Work? • Stated income apartment loans don’t follow the usual requirements of bank loans, instead of proof of salary, they are structured around, as the term implies, a statement of income. Now, before anyone gets the idea that anyone was walk into a lender’s office, claiming to be a billionaire, that is not how stated income apartment loans work. Stated income apartment loans are typically accompanied by bank statements and tax records, as proof to support the claims. Albcommercialcapital.com

  5. Who Uses Stated Income Apartment Loans? • Stated income apartment loans are used by independent commercial real estate investors and property developers who want to sidestep the red tape and rejections of traditional lending institutions. Investors use stated income apartment loans for acquisitions ranging from houses for fix and flip projects, on up to larger transactions such as apartment complexes, shopping centers, and office space. Independent property developers even use stated income apartment loans for building expansions and even ground up construction. Albcommercialcapital.com

  6. If you are looking for commercial real estate financing solutions, and you are tired of the high requirements of banks, contact ALB Commercial Capital. We will work with you to create a tailored stated income apartment loans program to help you reach your goals. Contact our office today to learn more on below given address details: ALB Commercial Capital Email: info@albcommercialcapital.com Mailing Address: 2476 Lake Ave. Altadena, CA 91001 USA Tel: (626) 296-7777 for office Toll-Free No: (800) 510-2214 Fax: (626) 296-7771 Website: www.albcommercialcapital.com Albcommercialcapital.com

  7. Thanks For Visit Albcommercialcapital.com

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