Stated Income/Stated Asset Loan Program

This program provides a fast, easy, and flexible commercial loan process, with reduced documentation requirements and rapid closings. Commercial Lending Services is now offering a new option to help small business owners obtain commercial financing. Our Stated Income/Stated Asset loan program is available for both the purchase and refinancing of commercial property. With this program, Commercial Lending Services is able to provide financing to those who find it difficult to qualify for a bank loan such as the self-employed, cash businesses, and those seeking to purchase investment properties. The financing is driven by the value of the commercial real estate and the crditworthiness of the borrower. Since this program requires limited documentation and no income verification, Commercial Lending Services makes the process fast and easy.

Program Features

Like most small business and commercial property owners, you may assume that a bank is the only place to go when your business needs cash. You may also have experienced the frustration that can result from the extensive documentation requirements and other red tape that characterize the typical bank lending process. Unlike most bank programs, our stated income/stated asset does not require the full-documentation paperwork, and this means more flexibility and faster turnaround times.

• No tax returns required
• No income verification
• Unrestricted cash-out
• Loan amounts to $1,000,000
• LTV to 80%, CLTV to 90%
• Secured on properties such as Multi-family, Mixed-use, Warehouse, Office, Retail, Industrial, Automotive, Special use, and others.
• Owner occupied or investor properties
• Fast pre-approvals, streamlined underwriting, quick closings
• Subordinate financing allowed

Applying is Quick and Easy

You don't need to submit massive amounts of paperwork to apply for a loan. We can usually gather all of the information needed to get started over the phone, and if you qualify a pre-approval can be obtained in 48 to 72 hours. From there, we will structure a loan that works for you, and handle all arrangements with third-party service providers to move toward a rapid closing. Give us a call today, or submit your proposal on-line using the button on this page.