Commercial Properties Can Back Your Loan

If your credit history has disqualified you from loans in the past, Vista Capital Solutions has a program you should look into. Our stated income commercial real estate loans look at your business property for qualification. This financing is great for refinancing, building working capital, building improvement and property purchasing.

What Makes This Different From a Traditional Loan?

There are many ways we tailor our stated income loans to be the best possible. Our loans look more closely at your commercial property than your credit history. This means there is not as much paperwork as with a traditional loan, and you can usually start your application with a W-2 or self-employment documents. Some other terms we use include:

  • Fixed rates come standard
  • Amortization for 25 years
  • Loans up to $500,000

Computing Loan-to-Value (LTV) Percentages

The value of your loan partially depends on the type of commercial property you own. Most LTV ratios range between 65% and 75%. Here are some examples.

  • Mixed use properties with over 4 units can earn 75% LTV, often requiring a credit score of 700 or higher
  • Non-owner occupied investment properties with 1 to 4 units can earn 70% LTV
  • Office, retail, auto, self-storage and warehouses can earn up to 65% LTV

How Does Your Property Qualify?

Most properties will be considered when you apply for a stated income commercial real estate loan with Vista Capital Solutions. We look at real estate properties such as restaurants and warehouses, and the building types discussed in our LTV examples. After verifying the type of property you have, we check its value against current taxes, mortgage and loan insurance.

Get In Touch Today

To learn more about our stated income commercial real estate loans, contact our office. One of our financial advisors can answer all your questions. After you qualify, your funds can arrive within two to three weeks.