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Stated income loans; where stability meets simplicity.
At Greenbridge Loans, we specialize in providing innovative financing solutions that align with your unique investment needs. Our Stated Income Loans for Commercial Real Estate are designed to offer investors like you a streamlined path to securing funding, without the hurdles of traditional lending processes.
Less restrictions, fast funding.
No income verification
We believe in your investment, not just your credit history. Our commercial hard money loans are designed with your needs in mind, focusing on the value of the assets rather than your credit score. This approach ensures that more investors have access to the financing they need, when they need it.
30-Year Fixed Rates
Stability is key in any investment, and our Commercial Stated Income Loans come with 30-year fixed rates. This provides you with the predictability and security you need to plan for the future, ensuring that your financing costs remain consistent over time, no matter how the market fluctuates.
Ultimate flexibility
Flexibility is the name of the game when it comes to the Commercial Stated Income Loan program. Credit score requirements are low, no DTI ratios, first-time investors are eligible, and no minimum DSCR for loan amounts under $750,000.


Stated Income Loan Program
Basic Guidelines & Qualifying Criteria
Choosing Greenbridge Loans means partnering with a lender that believes in your properties potential as much as you do. Our Stated Income Loan Program is designed to provide you with the financial agility necessary to seize opportunities swiftly and confidently. We're here to facilitate your success, offering not just loans but also guidance, insight, and the assurance that comes from working with a dedicated financial ally.
Dive into the details of our basic guidelines and qualifying criteria to see how our Stated Income Loan Program can align with your commercial real estate goals. At Greenbridge Loans, we're committed to transforming your investment dreams into tangible realities with financial solutions that understand and address your needs.
$250,000
$6,000,000
75%
Minimum Loan
Maximum Loan
Maximum LTV
≥ 600
≥ 75%
1 year min.
Credit Score
Occupancy Rate
Prepayment Penalty
8.99% +
30-Years
Fully Amortized
Fixed Rates
Terms
Payments
Lending Territory
The commercial stated income loan program is currently available in 35 states, each listed below. We prefer major metro areas and their surrounding suburbs, however, we will consider all property locations as long as they meet one of two population requirements. For a property to be eligible, the municipality must have a population of at least 25,000. If less than 25,000 then the subject property must be located within 25 miles of a city with at least 100,000 in population.
Approved States
Alabama
Arkansas
Colorado
Connecticut
Delaware
Florida
Georgia
Indiana
Illinois
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Mississippi
Missouri
New Hampshire
New Jersey
New Mexico
New York
North Carolina
Ohio
Oklahoma
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas
Virginia
Washington
Washington, D.C.
West Virginia
Wisconsin


How does the funding process work?
Pre-qualify
The first step is the most important, discovering if your unique scenario qualifies for a Commercial Stated Income Loan. This can be done in under 3 minutes right here on our website without any sensitive information; our main focus will be on the property. You can call us toll-free at 888-860-3612 to discuss your scenario with a Loan Advisor.
Loan Approval
Once you've been prequalified you'll receive a detailed quote, along with your loan application. After completing and e-signing your loan application you'll receive access to our loan portal where you can upload all required documents necessary to pre-underwrite and approve your loan.
Appraisal
Once we've issued your loan approval, the next step is a property appraisal. While we wait for the completed appraisal report, we're still actively working on preparing your loan for funding. We use this time wisely, and to our benefit, by working to clear any final conditions, such as updating your property insurance policy.
Funding
The big day! The good news is that we make closing simple and straightforward. Just pick a day, time, and location that works best for you and the closing attorney or title company will send a settlement agent to meet you with your closing package. We make sure that your Loan Advisor will be available during closing in the event you have any specific questions.
Ready for your Commercial Stated Income Loan quote?
Pre-Approval will not impact credit.
QUICK QUOTE: Stated Income Loan
Please complete all required fields below to generate your Quick Quote. There is no sensitive information required to receive initial loan pricing and terms. To ensure accuracy, please answer all questions to the best of your ability as it will directly impact loan pricing.
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What credit score is required for a stated income loan?Options are available for applicants seeking no minimum credit score, and it will depend on the loan-to-value (LTV) ratio and property type. There is no minimum credit score required if the LTV is 50% or less. For LTVs between 50.01% and 60%, a minimum credit score of 600 is needed. If the LTV exceeds 60%, a credit score of 650 is required.
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What types of commercial properties are eligible for stated income loans?Commercial: multifamily (5+ units), mixed-use buildings, office spaces, retail properties, warehouses, and self-storage facilities.
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What does “stated income” mean?Stated income loans allow borrowers to qualify without providing traditional income verification documents.
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What is the minimum loan amount for stated income loans?For commercial real estate there is $250,000 minimum loan amount. For residential investment properties we have a $75,000 minimum loan amount.
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What loan terms are available?Loan terms can be up to 30 years, with both fixed rate and interest-only rate options.
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Is there a maximum loan amount for stated income loans?The maximum loan amount is $6,000,000 for commercial real estate.
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What is the loan-to-value (LTV) ratio for stated income loans?The maximum LTV is 75%. The maximum combined loan-to-value (CLTV) is 90%, which only applies if you have, or will have, a second mortgage.
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Do you have a minimum occupancy rate?Yes, at least 70% of the units must be rented. For example, a 20-unit multifamily building would require at least 14-units (70%) to be currently rented to tenants.
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What documents are required to apply?We offer light documentation. Standard documents include a completed loan application, photo ID, proof of property insurance, and lease agreement(s). Additional documentation may be required depending on the specifics of your scenario.
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Are stated income loans available for self-employed individuals?Yes, self-employed individuals often benefit from this program since no tax returns are needed.
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How long does it take to get approved?Approvals can be issued within 48 hours, with funding timelines varying based on loan conditions.
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Can I use a stated income loan for commercial properties?Yes, these loans are a great option to finance commercial properties. Fixed rates allow for stability and predictable cash flow.
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Are there prepayment penalties?Prepayment penalties may apply depending on the loan terms.
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What industries are eligible for stated income loans?Any borrower meeting the credit and property requirements can qualify, regardless of industry.
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Can I refinance with a stated income loan?Yes, stated income loans can be used for refinancing.
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Do stated income loans require a down payment?Yes, down payment requirements vary based on the LTV and credit score.