Medical Office Building Financing News + More: High school on Oracle's campus turns education on its head + MORE 10/30/2016

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Tax Returns versus Stated Income!

Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.

Bay Area high school students will soon be able to attend school on a tech campus, with a curriculum that turns traditional education on its head.

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1. Earnings season continues: It"s a big week for the media industry. Time Warner, 21st Century Fox, Facebook and other media giants will release their third quarter results.

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