Stated Commercial Real Estate Loans Can Help Your Business

Taking out a loan can be daunting, but is a smart business move that can provide many benefits, from consolidating debt to giving you access to funds that grow your business. But traditional loan applications can be tedious, leaving you without the money you need for weeks at a time. And if the loan board decides you have a low credit score or insufficient income, you can be denied altogether.

This is why RAM Capital Solutions Inc. offers stated income commercial real estate loans as a streamlined alternative to the traditional loan application process. In order to understand how your business could benefit from a stated income loan, you must first know how the process differs from normal loan applications.

Property Value

When applying for a traditional loan, a loan officer will analyze your income and credit history to determine if you qualify. Our stated income loans only look at the value of your property. Almost any business can qualify for a stated income loan if the real estate value can cover the loan amount, property taxes and insurance.

Loan Basics

If your property meets this qualification, here are a few things you can expect from our stated income loans.

  • A qualifying credit score of 600.
  • Most property types allowed.
  • W-2 and self-employment documentation.
  • Fixed 25-year rates.
  • Loan amounts as high as $500,000.

We also offer flexible loan-to-value rates depending on the property:

  • Up to 65% LTV for retail, office and self-storage properties.
  • Up to 70% LTV for non-owner occupied properties between 1 and 4 units.
  • Up to 75% LTV for mixed-use or multifamily properties with 5 or more units.

Just looking at the stated value of the property allows the application process to move quickly, meaning you get access to funds more quickly, allowing you to more easily consolidate debt or purchase property.

Contact us today to take advantage of this opportunity!