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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.
U.S. markets hold their breath on Election Day
– rss.cnn.com
Hogan Lovells Signs 207,000-SF Office Lease in Midtown Manhattan
– costar.com/News
The 32-story, 4-Star office building totals 862,154 square feet on 1.1 acres in the Grand Central submarket of Midtown Manhattan, between 46th and 47th Streets, and is currently undergoing re-massing and redevelopment…
Clarion Divests Greenwich, CT Office Park
– costar.com/News
Located at 1 – 9 Greenwich Office Park, the portfolio totals 377,939 square feet of recently-renovated, class A office space in the Greenwich submarket of Fairfield County, in close proximity to the Greenwich train station, I-95, and…
Soon, your Facebook photos could look like a Picasso
– rss.cnn.com
The RFP covers the 500,000-square-foot ITC space within the larger 4 million-square-foot Reagan Building at 1300 Pennsylvania Ave…