No Doc/Stated Income Loans

MCC offers No Doc/Stated Income Loans from $250,000 to $2,000,000. Interest rates can be variable, 2, 5, 30 year fixed with a 30 year term. Once we have your authorization to check your credit, you can apply right over the phone in just ten minutes. Please contact us for more information on our No Doc/Stated Income Loans at info@mercantilecc.com or 1.866.MCC.4504.

Our Ideal Client for this Program:

• Owner-occupant (plans to occupy a minimum of 25% of the building)
• Average FICO score of all guarantors ≥ 660
• Looking for up to 90% loan-value financing (conventional or SBA)
• Management/ownership experience within the industry
• Established operating company for 2 years
• Company has been renting for previous 12 months or owned for previous 2 years
• Property types:
  
  • Office
  • Office/warehouse
  • Office condo
  • Retail
  • Mixed use (commercially zoned)
  • Auto repair/industrial
  • Dry cleaners
  • Convenience store (no gas)
• Purchases, refinances, cash-out refinances
• Loan amounts up to $2,000,000
• Acquisitions

We sincerely look forward to helping you and your business. Please contact us with any questions or concerns you may have.