Stated income commercial loans are a type of financing that is designed to help business owners secure the funding they need without the need for extensive documentation of their income. These loans are also known as no-documentation or low-documentation loans because borrowers do not need to provide extensive financial documentation to be approved for the loan.
Stated income commercial loans are a type of financing that is designed to help business owners secure the funding they need without the need for extensive documentation of their income. These loans are also known as no-documentation or low-documentation loans because borrowers do not need to provide extensive financial documentation to be approved for the loan.
