Stated Income Commercial Loans Texas
Get approved based on your property’s income — not your tax returns. Ideal for self-employed borrowers, business owners, and investors with complex financials.
Qualify on Property Income, Not Personal Income
Traditional banks require 2 years of personal tax returns — a problem for investors who write off everything, business owners with paper losses, or anyone with irregular income. Stated income commercial loans solve that problem.
Instead of verifying your personal income through tax returns, these programs qualify you based on the property’s cash flow (DSCR), bank statements, or a simple income statement. If the property pays for itself, you qualify.
No Tax Returns
Qualify without providing personal or business tax returns — ideal for self-employed borrowers.
Bank Statement Option
12–24 months of bank statements used to demonstrate income instead of tax forms.
DSCR Qualification
Property qualifies on its own cash flow — debt service coverage ratio of 1.0x or better.
Fast Approval
Less paperwork means faster decisions. Many loans pre-approved within 24–48 hours.
Who This Program Is Built For
Self-Employed BorrowersBusiness owners whose tax returns show losses or minimal income due to deductions.
Real Estate InvestorsInvestors with multiple properties — qualify on the deal, not your personal income.
Foreign NationalsNo U.S. tax history required — qualify on property income and assets.
Recent Business OwnersIn business less than 2 years? Many bank programs require 2+ years — we have alternatives.
Cash-Heavy BusinessesIncome hard to document? Bank statements and asset statements often qualify.
Borrowers Denied by BanksIf a bank said no due to income documentation, stated income may be your answer.
Property Types That Qualify
Stated income commercial loans are available for most income-producing commercial property types in Texas:
Multifamily (5+ Units)
Apartment buildings, small apartment complexes — qualify on rent roll.
Retail & Strip Centers
Leased retail space qualifies on tenant rents with minimal personal income documentation.
Industrial & Warehouse
Industrial and flex space eligible with DSCR qualification.
Mixed-Use & Office
Owner-occupied and investment office and mixed-use properties welcome.
Frequently Asked Questions
What exactly is a “stated income” commercial loan?
It’s a loan where you declare your income but aren’t required to verify it through tax returns. The lender instead relies on the property’s income, bank statements, or assets to underwrite the loan. Also called “no-doc” or “lite-doc” programs.
What’s the minimum DSCR to qualify?
Most lenders require a DSCR of 1.0x–1.25x. That means the property’s net operating income needs to cover 100–125% of the annual debt service. We’ll calculate your DSCR for free before you apply.
Are the rates higher than conventional loans?
Stated income programs typically carry slightly higher rates than fully-documented bank loans — often 0.5%–1.5% higher. However, for self-employed borrowers who don’t qualify for bank programs, it’s often the only viable option.
Do I need good credit to qualify?
A score of 600+ is typically required. Some programs go lower if the LTV is conservative (below 60%) and the property cash flow is strong.
How fast can I close?
With less income documentation to verify, closings often happen faster than conventional loans — typically 2–4 weeks from application to funding.
Denied for Income Documentation? We Have a Solution.
Get a free consultation. We’ll review your property and situation and tell you exactly which program you qualify for — no obligation.
Get Pre-Qualified Free
Talk to a Loan Officer
📞 (877) 895-3634