Save Time and Get More Money With a Stated Income Loan

A stated income commercial real estate loan is ideal for any business seeking to avoid mountains of paperwork or looking for funding after being turned down elsewhere. At Aztec Funding, we provide loans of this type to get you moving on whatever your business needs, such as debt consolidation, property purchases, refinancing or building capital.

Basics of Our Loan

Our goal is to get you the funding you need with as little hassle and paperwork as possible. Part of that is offering great benefits, including the following:

  • Fixed rates
  • 25-year amortization
  • Loans up to $500,000
  • No prepayment penalties
  • Funds arrive quickly

Stated Value Verses Traditional Loans

A traditional loan requires digging into your credit history and a year or more of financial data. At Aztec Funding, we look at the value of your property. If it has enough value to cover certain costs, such as the mortgage and taxes, then there is very little else we need to know. This means you can get approved quickly and with less paperwork than a traditional loan.

Our Loan to Value Rates

We work with many building types and scale the value of your stated income commercial real estate loan depending on the property. Here are some examples of how we break up the most common range of LTV rates.

  • Up to 75% LTV for mixed use and multifamily properties of five or more units
  • Up to 70% LTV for non-owner-occupied properties with one to four units
  • Up to 65% LTV for auto service, office, retail, self-storage and warehouse properties

Learn More When You Contact Us

A stated income commercial real estate loan is a great way to qualify for the funding you need without a lot of paperwork. Contact our office to ask questions or get started on an application. We will work hard to get you closing as quickly as possible.