What Is a Stated Income Commercial Loan?
A stated income commercial loan lets you qualify based on the property’s income or your bank statements — not your personal tax returns. Self-employed borrowers, investors with write-offs, and LLCs often show much less income on paper than they actually earn. Stated income fixes that problem.
Stated Income Programs in Texas 2026
| Program | Documentation | Min Credit | Max LTV |
|---|---|---|---|
| Bank Statement Loan | 12–24 months bank statements | 600 | 75% |
| True No-Doc | Property info only | 580 | 65% |
| DSCR (No-Income) | Rent roll + leases | 620 | 75% |
| Asset Depletion | Liquid assets / investments | 640 | 70% |
Who Uses Stated Income Loans?
- Self-employed borrowers with large write-offs on taxes
- Real estate investors with 5+ properties (conventional DTI limits)
- Foreign nationals with no US tax history
- Business owners whose company income doesn’t show on personal returns
- Commission-based earners with variable income
Is Stated Income Risky?
Stated income commercial loans have been standard in commercial lending for decades — they’re different from the “liar loans” of the 2008 residential market. The property is the collateral. If it generates income and has equity, the loan is low risk regardless of the borrower’s tax return.
Get a stated income quote — no tax returns, same-day response.