Get the Facts about Stated Income Commercial Loans.



Stated income commercial loans work a little bit differently than other types of
loans in that there is no income verification for the borrower, there is still
income verification for the property. This type of loan program is basically
geared to help real estate investors, as well as self-employed people benefit
from commercial loans without having to jump through all the hoops that
traditional lending and banking institutions require. These loans are based on
an individual's stated or claimed income, which enables the lender to speed up
the process and avoid many of the hurdles and obstacles that face many
borrowers.

Griffin Capital can often provide pre-approvals within 24 to 48 hours, as well as
no application fees. Available in all 50 states, consumers are able to borrow in
the name of a corporation, limited liability company, trust, or their name
personally and enjoy a fixed rate.

Visit www.statedcommercialloans.com for more details.



Griffin Capitals programs are for a multitude of different commercial property
types including apartments, mixed-use properties, light industrial, hotels and
motels, retail centers, restaurants, convenience stores, warehouses, and many
more. Raw land is not permitted.



Borrowers can obtain a commercial loan for amounts between $250,000-$2,000,000.
A personal credit score of 650 or higher is needed as well as collateral in
approved commercial real estate.




Interest rates, loan to value, and loan amounts are approved based on credit, as
well as property types and situations. The higher your credit score, the lower
your rate - it's that simple. Griffin Capital offers loan to values up to 80%
and does not generally charge any points.



The stated income loan process for small properties is streamlined, and
individuals normally receive an approval or denial within 72 hours of
application submission. If approved, Griffin Capital will need to order an
appraisal from an approved company.



Stated income commercial loans offer businessmen and women that do not qualify
for traditional bank financing the ability to purchase commercial real estate or
pull cash out of commercial real estate.

Visit www.statedcommercialloans.com for more details.

Useful Links: Stated Income Loan, Stated Commercial Income Loan, Stated Income Loans.