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"Your search is done! 400Bankers.com has over four hundred approved Commercial Bankers"
FINANCE STATED DOC OWNER OCCUPIED 50%+
Stated Income/Stated Asset Commercial Loan Program (USA). That means little or no documentation required – and you enjoy greater flexibility and faster turnaround times.
-Loan from $100,000 to $2,000,000 USD
-No tax returns required
-No income verification
-Fixed or adjustable rates
-15-year to 30-year amortization
-Loans to corporations, partnerships, and trusts ok
-Must be owner occupied 50%+
-Minimum score 680
-Loan available in USA
| STATED INCOME / STATED ASSETS / LOW DOC |
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Loan Criteria |
Program guidelines |
| Loan Size |
$100,000 to $2,000,000 USD |
| Lending area |
USA - All 50 states |
| Type |
Purchase |
| Loan-To-Value |
Max 70% LTV
Up to 100% financing if appraised value 70% or less.
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| Seller financing |
Allowed |
| Property Type |
* Mixed Used, Office, Retail, Warehouse, Ligh Industrial, Self Storage, Bed & Breakfast
* Industrial, Automotive, Funeral Home, Flagged Hospitality
* Health Care, Day Care, RV Park, Unflagged Hospitality, Restaurant, gas station, Other Special Purpose
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| Interest Rate |
7%+ |
| Term |
up to 30 years |
| Amortization |
30 years |
| Credit Score |
Minimum middle credit score 680 primary borrower
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| Closing Time |
Quick closing - 30 to 45 days |
| Lender Fee(s) |
Up to $1,000 |
| Origination Fee(s) |
1% to 2% |
| Debt Coverage Ratio |
1.10 |
| Closing Costs |
$5,000 - $10,000
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| Prepayment Penalty |
yes up to 5 years |
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Ineligible properties include:
Adult entertainment
Agricultural purpose
Church/Religious
Education
Heavy industrial
Hospitals
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About 400Bankers.com
400Bankers.com in an online database that has over four hundred approved loan consultants, lenders, and private investors. When you apply online your loan request will be matched with the right loan professional who fits your loan criteria. No more shopping around! We have access to the best!
Through 400Bankers.com you will never pay more than 1% broker fee and Our loan professionals will beat any interest rate you've been quoted.
We function as a retail outlet for some well known banks, lenders, and private investors.
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