Get a Stated Income Commercial Real Estate Loan with Subpar Credit

If you’ve ever attempted to get a loan and been turned down, we invite you to reach out to Fusion Alternative Funding. We have a wide variety of financing programs designed specifically for businesses with imperfect credit. If you’re trying to get funding to purchase a piece of real estate, you’re in luck. Our stated income commercial real estate program may be the perfect solution to your financing woes. Just make sure the property you’re looking to buy isn’t valued too low to qualify for financing.

What Makes a Stated Income Loan Unique

If you’re wondering why you should choose a stated income commercial real estate loan over another type of loan, here’s why. Stated income loans are based on property value instead of the quality of your credit. Although you do need to have a credit score of no lower than 600, most borrowers have an easy time meeting this requirement. Next, ensure that the property value of the piece you’re trying to purchase covers all associated costs (such as taxes, mortgage, etc.). If it does, your approval chances are great.

General Loan Information

When you apply for a stated income commercial real estate loan, be prepared to show us a W-2 or self-employment documentation. Here are some more loan details you should know about:

• Many of the loans we offer are as high as $500,000
• Up to 75% LTV
• Our loans are amortized, come with fixed rates, and offer terms of up to 25 years
• We finance all types of properties

If you think a stated income loan is the right type of loan for your real estate purchasing needs, we invite you to reach out to us. We can answer any questions you may have about this type of loan and help you through the application process.