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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.
Far out: VW plans an electric hippie bus
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Feeling lucky? There's a $535M Powerball drawing tonight
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Office Properties in Prime Suburban Districts are Getting a Second Look
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As office prices and rental rates rise in the nation’s CBDs, certain “urban-suburban” districts may offer investors opportunities at lower prices, according to CBRE, noting…
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– costar.com/News
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