Stated Income Loan Programs
Call BRT Financial @ 904-551-6090
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.
The total level of capital available to fund managers has been climbing over recent years, from a low of $136 billion at the end of 2012 to $237 billion at the start of…
With Fund X, Rockwood’s strategy is to balance risk across the value-added spectrum with a focus on “speed-to-income.”
The value-added fund will target office, residential, retail and hotel assets in urban and “suburban core” mixed-use environments in the United States…
The December ABI score was 55.9, up sharply from 50.6 the previous month and signifying the largest monthly increase in design services of 2016, according to the American Institute of Architects (AIA), which compiles the monthly…