An Alternative to Traditional Commercial Real Estate Loans

If your credit history has led to loan denial or you simply want to avoid the hefty paperwork that comes with loan approval, ClearPoint Capital Solutions has a solution for you. Our stated income commercial real estate loans are designed to help businesses achieve the following goals:

  • Improve property
  • Consolidate debt
  • Refinance
  • Purchase property
  • Boost Working Capital

Stated Income Commercial Real Estate Loans vs. Traditional Programs

The main benefit of a stated income loan when compared to a traditional loan is that it is focused on the piece of real estate rather than the borrower’s credit history. As long as the property value covers insurance, taxes and the mortgage, loan approval is possible. These loans also tend to have quicker approval processes since very little documentation is required to be approved. They can also be used to fund a wide range of businesses, including but not limited to the following examples:

  • Warehouses
  • Real estate
  • Restaurants
  • Apartments

Loan Requirements

Does your company qualify for a stated income commercial real estate loan? It could if it meets these requirements:

  • Self-employment or W-2 documents
  • Personal credit score that is 600 or higher
  • Almost any type of property

Benefits for Businesses

There are a number of benefits that you can realize from securing a stated income loan from ClearPoint Capital Solutions. Here are a few examples:

  • LTV ratio between 65 and 75 percent, depending on the type of property and the borrower’s credit score
  • Rates that are fixed
  • Amounts as high as $500,000
  • Funds that can be spent flexibly
  • Amortized 25-year loans
  • Closings in as little as two or three weeks

Whether you need to boost your company’s through a new purchase or want to consolidate debt, a stated income loan from ClearPoint Capital Solutions can help you get the job done.

Get in Touch

Our dedicated financial professionals welcome the opportunity to help your business with its financial goals. Call us today to discuss your needs.