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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.
With Luxury Segment Projected to Perform Best Over Next Two Years, Hotel Brands Increase Focus on Affluent Travelers
– costar.com/News
Hyatt Hotels Corp. (NYSE:H) and Fairmont Hotels & Resorts both announced plans to pour money into their resorts categories and Four Seasons Hotels and Resorts and Ashford Hospitality Prime (NYSE: AHP) each laid…
Facebook is closing in on 2 billion users
– rss.cnn.com
CRE Leaders Optimistic About Continued 'Boom' in US Property Market Through 2017 and Beyond
– costar.com/News
A survey by KPMG LLP of senior U.S. real estate executives further finds that uncertainties over President Donald Trump’s tax and regulatory policies, rising interest rates and the threat…
