Your Property Value Could Get You the Financing You Need

If your credit history prevented you from getting a loan in the past but you own property, then you may qualify for a stated income commercial real estate loan from JPL Capital Funding Solutions. Our financing options cover a wide variety of properties and business models. Here is what you need to know.

Main Differences Between Stated Income and Traditional Loans

Your property is more important than your credit when it comes to a stated income commercial real estate loan. One main qualifying factor is the value of your property, which much be sufficient to cover costs including taxes, insurance on the loan and mortgage.

This reduced requirement means less paperwork and approving your loan quicker. JPL Capital Funding Solutions works with many different qualifying properties, including warehouses, real estate, apartments and restaurants.

Loan-to-Value Ratios

When determining how much you stand to gain from your property, it is important to know how large it is and what you use it for. Loan-to-value (LTV) ratios range from 65% to 75% based on the following criteria:

  • Retail, auto service, office, storage and warehouse properties can earn up to 65% LTV
  • Non-owner occupied investment properties with 1 to 4 units can earn up to 70% LTV
  • Mixed use and multifamily properties with 5 or more units can earn up to 75% LTV

Other Loan Basics

Stated income loans are great for a variety of uses, such as refinancing a loan, renovating, buying or improving property and much more. Here are some of the basics you need to know.

  • Fixed rates
  • 25-year amortization
  • Loans up to $500,000
  • Qualifying credit score of 600
  • Nearly all properties welcome
  • Use the money however your business needs

Make your property work for you by using it to qualify for a commercial real estate loan. A financial advisor from our office can answer any questions you have about our process.