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Stated Income Loan Programs
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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.
It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Los Angeles, New York City, Chicago, Milwaukee, Seattle / Puget Sound, San Diego, Phoenix / Tucson, Northern New Jersey, Detroit / Grand Rapids, South Florida, San Francisco, Greater Toronto Area, St…
Most conservative House members list tax reform demands
– rss.cnn.com
Some of the most hardline fiscal conservatives in the House on Friday made clear that for all their distaste of debt, they could live with tax cuts that add to it.
The Trump administration has fired back at an ethics group that sued the president over his business interests.
Lloyd Blankfein tweets again, but no emojis. Sad.
– rss.cnn.com
We promise we won’t write about it every time Lloyd Blankfein tweets. But, please, humor us for now.
In a blockbuster merger of two top players in the increasingly competitive data center sector, Digital Realty (NYSE: DLR) has agreed to buy DuPont Fabros (NYSE: DFT) in a transaction valued at $7.6 billion including debt.
Shareholders of Washington, DC-based DuPont Fabros will receive just over half a Digital Realty share per DuPont Fabros share in a stock deal totaling $4…
Shareholders of Washington, DC-based DuPont Fabros will receive just over half a Digital Realty share per DuPont Fabros share in a stock deal totaling $4…
James Comey’s testimony was must-see TV for a wide swath of the country, but the ratings weren’t off the charts.
