Medical Office Building Financing News + More: Trump's old Ferrari sells at auction for record $270,000 + MORE 04/03/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Options Available

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.

1. Jobs report: On Friday, the U.S. Labor Department will release its March jobs report. It"s yet another glimpse at President Trump"s key promise: “Jobs! Jobs! Jobs!" as it put it in a tweet last week.

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The White House has made public the financial disclosure forms of about 180 staffers.

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A Ferarri once owned by President Trump was sold at auction this weekend at a record $270,000.

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If Bill O"Reilly weren"t the biggest star at Fox News, would he still have a job at Fox News?

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Commercial Real Estate Financing News + More: Fox braces for fallout from Bill O'Reilly scandal + MORE 04/03/2017

Medical Office Building Financing – Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Debt Service Coverage Ratio!

The most flexible approach to Debt Service Coverage Ratio for a commercial property loan will require a Debt Service Coverage Ratio in the range of 1 to 1.2, with exceptions permitting a Debt Service Coverage Ratio less than 1.
It is not unusual to encounter a minimum commercial real estate loan requirement of $500,000 to $1,000,000.
Many traditional banks require three to nine months to close a commercial mortgage. A more action-oriented commercial lender will close commercial real estate loans in 45 to 60 days.

If Bill O"Reilly weren"t the biggest star at Fox News, would he still have a job at Fox News?

Continue Reading On rss.cnn.com »

1. Jobs report: On Friday, the U.S. Labor Department will release its March jobs report. It"s yet another glimpse at President Trump"s key promise: “Jobs! Jobs! Jobs!" as it put it in a tweet last week.

Continue Reading On rss.cnn.com »

A Ferarri once owned by President Trump was sold at auction this weekend at a record $270,000.

Continue Reading On rss.cnn.com »

The White House has made public the financial disclosure forms of about 180 staffers.

Continue Reading On rss.cnn.com »