Stated Income Commercial Real Estate Loan
Your direct stated income loan lender for Commercial Real Estate.
No tax return & No W-2’s required. Get an easy low document loan
in the shortest period of time.
940+
Loans
854+
Clients
$4.5M+
Funded Loans
Commercial Stated
Income Loans
One of the most popular options in commercial real estate financing is the stated income loan, which is generally easier to obtain than traditional financing. That’s because stated income commercial lenders do not require tax returns and W-2s.
You probably already know that banks strictly require a long list of documents and proofs of income when investment properties are involved. This is why many CRE investors who can’t produce supporting documentation are unable to qualify for bank loans.
Loan Amounts range $1 Million to $50 Million
Minimum Credit Score 650+
No Tax Returns
No W-2’s
Easy Qualify
No Checking Account Statements Needed
At Private Capital Investors, we make it easier for you to secure commercial real estate financing without having to provide your personal or business tax returns. Our stated income commercial lenders won’t ask you to sign Form 4506-T, which authorizes us to request your tax records from the IRS. We also won’t calculate or verify your personal income or personal debt-to-income (DTI) ratio.
However, you still need to show us how you plan to repay your loan. Your commercial property must generate enough income to cover its debt payments, which we measure using the debt service coverage ratio (DSCR). You’ll also need to meet our minimum credit and financial requirements as a borrower or sponsor.
To help our stated income commercial lenders evaluate your property’s financial performance, you’ll need to provide:
- Income and expense statements from the past two years
- Year-to-date income and expense statement
- A 12-month operating budget for recently stabilized properties
- Current rent roll
- Sample lease agreements
- Property tax bill
- Property appraisal
Eligible Commercial Properties:
Multi-Family
Office
Retail
Luxury Residential
Urban Land
Light Industrial
Self-Storage
Eligible Commercial Transactions:
Property Improvements
Working Capital
Refinancing
Debt Consolidation.
Conventional Commercial Real Estate Loan vs. Stated Income Loan
| Comparison Factor | Conventional Commercial Real Estate Loan | Stated Income Loan |
|---|---|---|
| Best For | Borrowers with stable income and strong credit | Self-employed investors or borrowers with irregular income |
| Income Verification | Typically requires tax returns and financial statements | May accept alternative income documentation, depending on the lender and loan program |
| Credit Score | Typically 680 or higher | May accept scores of 650 or higher, depending on the lender |
| Down Payment | Usually 20% to 30% | Typically 20% to 35%, depending on the lender and property |
| Interest Rates | Often lower | Typically higher due to the lender’s perceived risk |
| Loan Terms | May range from 5 to 10 years, depending on the loan structure | Varies by lender and loan program |
| Approval Process | Usually involves more documentation and a longer review | May require less income documentation and offer faster approval |
| Main Advantage | Potentially lower borrowing costs | More flexible income documentation requirements |
Why choose Private
Capital Investors?
We offer a wide range of loan options, including commercial stated income loans. We are verified direct lenders and have the power to provide you with flexible loan terms.
Our commercial mortgage loan team works closely with you to understand the pros and cons of commercial real estate property based on your unique situation and suggest the best CRE loan options that suit your needs.
Private Capital Investors is an established and well-known direct private commercial lender in the commercial real estate industry. We have a large number of private stated income commercial lenders in Dallas, Houston, Denver, Massachusetts, Miami, Phoenix, and Florida.
Rates as low as 7.59%
Nationwide Lending
24 – 48 Hours Approvals
Funding as little as 14 days
Stated Incomes, No Financials required
Excellent Customer Service
Common Sense Underwriting
Our Recent Closings
Industrial Property Acquisition
Honolulu, Hawaii | $1,875,000
Refinance 110 Acre Agricultural Land
New Cuyama, CA | $1,500,000
Multifamily Major Rehab
Westwego, LA | $21,000,000
Stated Income Commercial Real Estate Loans With Private Capital Investors
Overview and Why Investors Choose Private Lenders
Approval for stated-income loans is based more on the borrower’s capacity to run and maintain the property than on strict proof of income.
This concept provides a route to capital that traditional lenders frequently reject for self-employed borrowers, real estate entrepreneurs, and investors with variable income.
What are stated income commercial real estate loans?
These loans don’t require full income documentation.
You don’t need to hand over tax returns or W-2s. Instead, the lender evaluates the deal based on the property’s value and your equity. These loans fall under the broader category of “alternative documentation” loans, designed for situations where your actual cash flow isn’t well captured by traditional income docs.
How stated income loans work
You state your income (or present a simplified view of it), and the lender underwrites around:
the asset and requested leverage (LTV) cash-to-close and reserves the business plan and exit (refi or sale)
Eligibility and qualification requirements
Most stated-income CRE lenders still want:
- acceptable credit and clean background checks
- liquidity/reserves visible in bank statements
- a credible exit plan (refi or sale)
- a property that supports the requested LTV
Property types and loan-to-value options
You’ll see programs for multifamily, office, retail, industrial, storage, and mixed-use. But loan-to-value (LTV) ratios vary — better properties in strong markets get higher LTVs. If the property needs rehab or is in a less desirable area, expect a lower LTV.
Benefits of stated income commercial real estate financing
- Faster approvals
- Workable for self-employed/complex income scenarios
- Useful for transitional properties
Benefits for Investors
Investors are drawn to this kind of loan because it provides:
- Quick approvals
- Minimal requirements for documentation
- A workable option for borrowers who work for themselves or have irregular income
- Availability nationwide in a variety of real estate markets
Who can qualify?
Commercial real estate investors, those without standard income records, real estate entrepreneurs, and, depending on lender policies, foreign nationals are typical qualifying borrowers.
Basic Requirements
To begin, investors typically need to provide information on the property, its intended use, the loan amount, the results of a current appraisal, and asset verification to demonstrate their financial capacity.
Loan Features
Competitive interest rate ranges, loan sizes, LTVs up to private-lender limits, and both fixed and ARM structures are standard features of lending programs by Private Capital Investors. To help with early-stage cash flow, specific lenders could also provide interest-only terms.
Frequently Asked Questions
Can you get a loan with stated income?
Yes. It’s common in private/alt-doc lending. They’re used when full tax documentation doesn’t reflect the borrower’s real income or cash flow, which is common for self-employed investors or those with complex finances.
Are stated income loans illegal?
No. What’s illegal is lying on a loan application.
What is the difference between full doc and stated income?
Full doc relies on full income verification in the form of tax returns, W-2s, paystubs, and detailed financials. Stated income relies on reduced/alternative documentation. What you need to show instead is that you have enough cash to close and a solid plan to pay the loan back.
What if my credit isn’t perfect?
Our commercial stated income loans will still make you qualify with a mid-score of as low as 650.
Do you verify source income?
Usually, we perform only minimal verification. In a stated income commercial real estate loan, property value, borrower assets, and credit are prioritized over conventional income checks.
What disqualifies you from getting a stated-income/No-Doc commercial real estate loan?
A borrower may not be eligible for commercial stated-income loans due to poor credit, insufficient assets, or an undervalued property, all of which are key factors that stated income commercial lenders carefully evaluate.
Want to learn more? Get in touch with us today.
Our experienced team is ready to assist with your financing needs.
Address:
2101 Cedar Springs Road, Suite 1050, Dallas, TX 75201
895 Dove St Ste 394, Newport Beach, CA 92660, United States
Phone:
972-865-6205
949-340-1552
Email:
info@privatecapitalinvestors.com