Stated Commercial Lending is back

[Richard Scholtz]

Recently been focused on providing "Stated Income" commercial loans funded by hedge funds since the banking crisis and regulatory changes of 2007-2008. Nice to see three (3) new hedge funds are now serving the Northwest with combination Rehab and Fixed 30 year takeout - Combination loans. Since they are one lender it saves on costs and no surprises.... Since they are Stated Income they serve the LLC's and Investor market well. They say as things change they stay the same... My experience includes Fifteen years structuring and negotiating loans from origination to funding....