Commercial Loans Blog

Commercial Stated Income Options Continue To Expand!

June 18th, 2018 2:59 PM by Karen Schimpf

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Commercial Stated Income Options Continue To Expand!

There is a lot of money available right now, and when there is more money available then good deals to fund, lenders move further out the risk spectrum. Such is the case now as stated income commercial loans have come back and are continuing to expand with new players entering the space.

For investors and business owners of commercial real estate (5+ units, warehouse, office building, daycare, mobile home park, etcetera), this can be a blessing and an opportunity to get property that you may not get otherwise. The latest expansion in stated income loans involves CREDIT SCORES AS LOW AS 550! That's right, no tax returns or bank statements, and a 550 credit score and you can purchase or refinance and even refinance with cash out up to 75% LTV (65% on Self storage and mobile home). WOW!

Now the rate on such a deal will be above 8% but it should end up less than 10% and with a 30 year amortization, the payment is not that bad. And the better the credit, the better the rate so a 650 credit score may get a rate as low as 7%. These are 5,7,and 10 year fixed loans with a 30 year amortization. Maybe you were thinking you would have to go private money and get rates above 10%, well maybe this program can save you thousands with a much lower rate and low points. This is just one of multiple stated income lending options we now have if you are struggling because of the income you show on your taxes or because of derogatory credit that is hurting your ability to get a commercial loan, you should give us a call at 512-650-8630 or e-mail me at karenschimpf at . It costs nothing to call me and let me pre-qualify you and see what is available for you. Whether you own property now and want to refinance or pull cash out or you are looking to buy new property for investment or to house your business, the time is right to get financing-rates have been heading up but they are still historically low and so time is of the essence. Give me a call today....Commercial Capital, we are the place to go when the banks say no!

Wishing You the Best,

Karen Schimpf
Commercial Capital, Ltd.
p: 512-650-8630
e: KarenSchimpf at
website: www.

P.S. Who do you know needs a commercial loan? I specialize in Small Business Administration Loans (SBA), Private Money Loans, and Commercial Loans. I help entrepreneurs attain financing for their business or project. I BRING COMMERCIAL MONEY FROM AROUND THE COUNTRY TO LOCAL MARKETPLACES INSURING THE MOST LIKELIHOOD OF CLOSING. The key is placing the borrower with the lender that most suits that borrower's strengths. I do it better than anyone. Give me a call today at O:512-650-8630 to get your loan closed.

p.s. Conventional rates are still in the 5's on most products and can still get into the 4's for agency debt on multi-family, so rates are still low. With the prime rate going up and SBA 7A floating rates going up, now may be the time to lock down fixed rates before the rates go up any more. Give me a call today and I can crunch the numbers and see if it is worth it. It costs nothing to call and see, call me today at 512-650-8630 or e-mail me at

KarenSchimpf at Have a blessed week!

Posted in:General
Posted by Karen Schimpf on June 18th, 2018 2:59 PM


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