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.
CRE prices remained resilient in August as once again, the CCRSI equal- and value-weighted national composite price indices both advanced in the last full month of summer…
Commercial nonresidential debt grew by $34.6 billion last quarter. At that pace, it is likely to surpass its pre-recession peak this quarter…