Stated income commercial mortgage loans. Closings in two to three weeks. Most commercial property types along with residential investment property (One to four family). Loan to values up to 80% (restrictions apply). For more information on a stated income commercial mortgage loans contact RSA Funding at 855-475-FUND(3863). www.rsafunding.com via https://rsafunding.tumblr.com/post/174952374589
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There are many reasons why an investor may want to use stated income commercial mortgage loans. One reason would be to refinance out of a hard money or bridge loan. We at RSA Funding are seeing many more requests for stated income commercial mortgage loans in the last few months. Our customers have been purchasing property with a fix and flip or rehab loan. This type of financing generally has a one year term. If they want to rent the property after the rehab work is completed they will need to refinance generally three to seven years. The rates for these stated income loans are more attractive than bridge or hard money loans as well. Loan to values can be up to 80% depending on credit, property type, and type of transaction. Because there are no tax returns required, closings can take place as quickly as two to three weeks. For more information on how stated income commercial mortgage loans can help you: Contact RSA Funding at 855-475-FUND (3863) RSA Funding 34-3 Shunpike Dr. #223 Cromwell,Ct. 06416 855-475-FUND (3863) The post Stated Income Commercial Mortgage Loans appeared first on RSA Funding. from http://rsafunding.com/stated-income-commercial-mortgage-loans-4/ via https://rsafunding.tumblr.com/post/174917160439 Stated income commercial mortgage loans. Closings in 2-3 weeks. Most commercial property types along with residential investment property (one to four family). Loan to values can be up to 80% (depending on credit and property type). For more information on a stated income commercial mortgage loan contact RSA Funding at 855-475-FUND(3863). www.rsafunding.com via https://rsafunding.tumblr.com/post/173798236054 RSA Funding is the right choice for stated income commercial mortgage loans throughout the United States.We are a nationwide commercial mortgage broker with over 15 years in the commercial mortgage business.Stated income loans are now becoming a widely used product for those borrowers that are self employed or business owners. Now you don’t have to worry about your bank turning you down because you don’t show enough personal income. Our stated income commercial mortgage loans don’t require tax returns or W2’s. Program Highlights: Loan size from 100k to 5Million. Loan to values can be up to 80% depending on credit scores and property type. Property types include 1 to 4 family residential investment, multi-family dwellings of 5+units, office, retail, and warehouse to name a few. Closings can be done quickly with general turn time of 3 weeks with a minimum of paperwork. For more information contact: RSA Funding 34-3 Shunpike Dr. #223 Cromwell,Ct. 06416 855-475-FUND (3863) The post Stated Income Commercial Mortgage Loans appeared first on RSA Funding. from http://rsafunding.com/stated-income-commercial-mortgage-loans-3/ via https://rsafunding.tumblr.com/post/173782493349 RSA Funding Sees An Increase In Requests For Stated Income Commercial Mortgage Loans Nationwide commercial mortgage broker offers stated income commercial mortgage loans through it’s wholesale channels. Cromwell, CT (PRUnderground) February 20th, 2018 RSA Funding, the always innovative nationwide commercial mortgage broker has seen a great increase in requests by clients for stated income commercial mortgage loans. According to Rob Shea, owner of RSA Funding, “We have seen a lot more requests for alternative financing options by commercial real estate owners and investors.” Most commercial property types will qualify ( along with one to four family non owner occupied properties). Loan to values can be as high as 80 percent ( depending on borrower credit and property type). Minimum loan size can be as low as 100k. Rates can start as low as 7.0 percent and loan closings can take place in as few as two to three weeks. Shea also added, ” I believe the reason for the surge in requests for these types of programs is because these programs are ideal for self employed business owners and property investors many of whom have excessive write offs or business expenses. Thus they need loan underwriting to be flexible without the paperwork and time needed for a conventional loan product. These products are also competively priced in between conventional financing and more prohibitive bridge loans or “hard money” loans.” To inquire about RSA Funding’s stated income commercial mortgage program and any of their other innovative commercial financing products contact Rob Shea at 855-475-FUND (3863) or www.rsafunding.com About RSA Funding RSA Funding is a nationwide commercial mortgage broker that skillfully links borrowers and lenders to facilitate financing for commercial real estate transactions.
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The post Stated Income Commercial Mortgage appeared first on RSA Funding. from http://rsafunding.com/stated-income-commercial-mortgage-3/ via https://rsafunding.tumblr.com/post/171168779269 RSA Funding is a nationwide commercial mortgage broker offering stated income commercial mortgage loans throughout the United States. Our stated income programs are perfect for the self employed or business owners. Highlights of the programs are: Loan Amounts: $100,000 to $5,000,000. Property Types Include: 1-4 family residential investment, investment condos, multi-family, mixed use, retail, office, hotels and motels, warehouse, and more. ( If you property type is not listed please inquire). Ineligible Property Types Include: Raw land and gas stations. Loan to Value: Maximum can be up to 80% ltv ( depending on transaction type, property type, and credit score). Credit Score: 650 minimum ( but can be lower on a case by case basis). Rates: Fixed rates from 7%. Amortization over 25 to 30yrs. Fixed terms from 3 years up to 8 years. Prepay: Step down prepay depending on how long the fixed period is for. Closings: Generally closings can be in 3-4 weeks ( depending on how quickly the necessary documents are provided). For more information contact: RSA Funding 34-3 Shunpike Dr. #223 Cromwell,Ct. 06416 855-475-FUND (3863) The post Stated Income Commercial Mortgage appeared first on RSA Funding. from http://rsafunding.com/stated-income-commercial-mortgage-2/ via https://rsafunding.tumblr.com/post/170550459919 Stated income commercial mortgage loan. Closing in 2-3 weeks. Most commercial property types along with residential investment property (1-4 family). Loan to values up to 80% (restrictions apply). For more information on a stated income commercial mortgage loan contact RSA Funding at 855-475-FUND(3863). www.rsafunding.com via https://rsafunding.tumblr.com/post/170045347889 A stated income commercial mortgage loan may be the answer for investors that are looking to get cash out of their property.Many property investors and business owners want to get cash out of their properties for various reason, such as improving the building or money for a down payment for a new purchase.Unfortunately many investors don’t attempt to refinance their property for cash out for a numbers of reasons. The most common reason for the reluctance is that they believe the transaction will take too long. A Stated income commercial mortgage loan can generally be closed in 2 to 3 weeks. Another thing that may inhibit people is a perception that too much paperwork is required. Depending on the situation, only an application, credit report, and bank statement may be required for your transaction. This is in stark contrast to a conventional or SBA loan which requires much more paperwork and may take 2-3 months to close. Many others believe that the interest rates for a stated income commercial mortgage loan will be very high. While the interest rates will be slightly higher than a conventional loan they will still be much lower than a bridge or hard money loan. A hard money or bridge loan will generally only have a one year term. A stated income loan can start at a 3 year term and in certain situations can be up to a full 30 year fixed term. For more information on a stated income commercial mortgage loan contact RSA Funding today at 855-475 FUND (3863) or at www.rsafunding.com Contact Info: Rob Shea RSA Funding 34-3 Shunpike Rd. #223 Cromwell,Ct. 061416 855-475-FUND (3863)
The post Stated Income Commercial Mortgage Loan appeared first on RSA Funding. from http://rsafunding.com/stated-income-commercial-mortgage-loan/ via https://rsafunding.tumblr.com/post/170043917994 Stated income commercial mortgage loans. Closings in 2-3 weeks. Most commercial property types along with residential investment property (1-4 family). Loan to values up to 80%. For more information on stated income commercial mortgage loans contact RSA Funding at 855-475-FUND(3863). www.rsafunding.com via https://rsafunding.tumblr.com/post/167768985689 Many business owners and property investors are now choosing stated income commercial mortgage loans to finance their properties. There are many reasons for this. One of the main reasons is that most business owners and commercial property owners write off all or most of their income . This makes it very difficult to qualify for a conventional type of loan with a bank. In the past the only option was a hard money or bridge loan. Obviously the rates and short length of term for these loans are very prohibitive. Now investors can use a stated income commercial mortgage loan to buy or refinance a property with a longer term than a bridge loan. Rates will fall between a conventional bank loan and a hard money or bridge loan. Another advantage of stated income commercial mortgage loans are that unlike a bank loan they can be closed in 2-3 weeks. They only require a minimum amount of paperwork as no tax returns are required. Property types include ( but are not limited to) 1-4 family non-owner, multi-family 5+units, retail, office, hotel, mobile home parks, and warehouses. Loan to values are generally up to 75% ( possibly up to 80% depending on credit, property type, and transaction type). For more information about stated income commercial mortgage loans contact RSA Funding at 855-475-FUND(3863) or www.rsafunding.com RSA Funding Rob Shea 855-475-3863 The post Stated Income Commercial Mortgage Loans appeared first on RSA Funding. from http://rsafunding.com/stated-income-commercial-mortgage-loans-2/ via https://rsafunding.tumblr.com/post/167768210579 |
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