What To Expect Traditional real estate loans are slow-moving with very strict requirements for borrowing. It can seem like there is a mountain of paperwork to submit for only a slim chance of getting a loan. Curiously, most traditional approval processes barely consider the value of the property in question. A stated income loan works a little differently. The approval process is greatly simplified because the real estate takes center stage. Rather than evaluating your ability to repay the loan, we look at the building’s income potential. If it can generate enough value to cover the mortgage, taxes and insurance, there is a high chance you will be approved. This is a faster and easier process. Key Details If a stated income loan from WCK Financial Lending seems like a good fit for you, we are excited to discuss the possibility with you. These are a few details that you need to know.

• Available for all types of buildings including warehouses, apartments, offices, restaurants and more
• Qualifying credit scores as low as 600
• Loan amounts up to $500,000
• Loan-to-value ratios up to 75% for multifamily and mixed-use properties with at least five units
• Fixed rates
• 25-year, amortized loans
• Funds can be used for a variety of business purposes
• Only W-2 or self-employment documentation needed