Medical Office Building Financing News + More: Brides panic as Alfred Angelo stores close across the country + MORE 07/16/2017

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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.

1. U.S and China officials meet: The Trump administration will sit down with Chinese officials this week to hammer out their important economic agenda.

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NPR and the SAG-AFTRA labor union have finally landed a tentative contract deal.

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In one of the biggest box office battles of the summer, it was apes over spiders.

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That galaxy far, far away is about to get a lot closer for “Star Wars" fans.

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Wedding planning is tough. For hundreds of women, it just got a lot tougher.

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