Stated Income / Verified Assets
Stated Income / Verified Asset $75,000 – $3,000,000
| 3, 5, 7, 10 Years and Full Term Fixed |
| Up to 30 Years |
| Fixed Rate |
| Competitive interest rates available; call for current quotes |
| 5% for fixed period |
| Maximum 75% |
| Maximum 75% – Multifamily, Maximum 70% – All others |
| Retail, Office, Industrial, Multifamily, Manufactured Housing, Self-Storage and Hotel |
| Personal Guarantee required |
| Taxes, Insurance, Replacement Reserves (based on Property Condition Assessment) and TI/LC (if applicable) |
| Multiple permitted for fee of 1% of UPB |
| Appraiser paid COD – all other fees taken at closing |
| 21 to 45 days from application |
Needed For Submission
| 1. Submission Form |
| 2. A Complete 1003 |
| 3. Current Trimerge Credit Report (within 30 days) |
| 4. Color Pictures of Subject Property |
| 5. Rent Roll and Operating Statement (investment properties only) |
Don't hesitate to contact us!
Simply put...Commercial Loan Center is "the source" for all your financing needs!
Call (610) 990-6050 to get started or Email us at info@clcllc.net