Stated Income Commercial Loan
We provide Real Estate Financing for the purchase of industrial, office, retail or mixed-use properties in 13 major US Markets.
While tax returns aren’t required, the property must be able to demonstrate the ability to service the debt (DSCR) at a specific loan amount and the sponsor(s) must meet minimum financial capacity and credit requirements
- No personal tax returns
- No business tax returns
- No 4506-T
City Capital Realty will look to verify the property’s ability to service the new loan payments by obtaining the following documents for the subject property.
- Two most recent years income and expense statements
- Year to date income and expense statement
- Current rent roll
- Sampling of leases
- Tax bill