State Income Loans For Commercial Real Estate
Traditional loans are not always the right fit for commercial real estate transactions. Prohibitive requirements and long processing times often cause commercial real estate investors to miss out on lucrative opportunities. At Global Funding Platform, we believe loans should be easy to access and processed quickly to meet the needs of commercial real estate investors. For these reasons and more we offer stated income loans for commercial real estate. Our stated income loans focus more on the real estate involved in the transaction, instead of your credit history, to provide a simple and efficient financing solution.
The Benefits Of Stated Income Loans From Global Funding Platform
Global Funding Platform works to reduce the red tape and documentation required to secure financing for commercial properties. If the income value of a commercial property can cover insurance, mortgage, and taxes, approval for our stated income loans is virtually guaranteed. The benefits of stated income loans from Global funding Platform include:
- Loan amounts ranging from $500,000 to $5 million
- Up to 75 percent LTV (up to 80 percent with seller held second)
- Cross collateralization allowed for higher LTV
- No upfront fees
- Full amortizations
- Terms up to 25 years
- Interest only financing available
- Purchase, refinance, and cash out options available for commercial properties
- Fast closings
Our stated income loans can be used for a wide range of commercial properties, such as:
- Office space
- 1 to 4 unit family rentals
- Automotive repair
- Self storage
Stated income loans can be used for property acquisitions, improvements and renovations, refinancing commercial properties with high interest rates, and even working capital.
Contact Global Funding Platform
Having a reliable financing partner can make all the difference in your commercial real estate business. Contact Global Funding Platform today, to get a stated income loan for your next commercial property transaction.