Stated Income Refinance Loans for Self-Employed Real Estate Investors Nationwide
We help self-employed borrowers and real estate investors access a stated income refinance when traditional lenders say no. At MKK Capital, our team understands that not every investor has W-2 income or tax returns that reflect true earning power. Many business owners keep more money in the business. That makes qualifying for a conventional loan difficult, even when their properties perform well.
The real estate market rewards investors who move fast. Waiting months for bank approval is not always an option. Our team offers stated income refinancing as a practical solution for investors who need to unlock equity now. We fund based on the asset, not the paperwork trail.
What Is a Stated Income Refinance Loan?
A stated income refinance loan lets borrowers qualify without providing tax returns or pay stubs. Instead, we evaluate the property value, your credit score, and your equity position. This type of loan works well for business owners, freelancers, and real estate investors.
Our team reviews each deal individually. We look at the strength of the collateral and your overall financial picture. This allows us to say yes where conventional lenders often say no.
Who Qualifies for a Stated Income Refinance?
The core requirements are straightforward. Borrowers need a credit score of at least 640 to 650. A healthy equity position of 25 to 35 percent is also required. Most applicants are self-employed borrowers or active real estate investors.
Beyond those basics, some programs require cash reserves. These reserves act as a cushion for the life of the loan. Our team walks you through what each program requires before you commit.
Stated Income Refinance vs. Conventional Financing
Conventional loans depend heavily on tax returns and debt-to-income ratios. A stated income refinance takes a different approach. We focus on the asset and your ability to sustain the loan.
This makes stated income a better fit for investors who write off significant business expenses. Many of our clients report strong cash flow but low taxable income. Our team structures loans around real-world financial performance, not just what the IRS sees.
Property Types We Finance
Our team works with a wide range of property types. These include single-family residences, multifamily apartments, and commercial real estate. Rental properties and investment portfolios are among our most common deals.
We also work with mixed-use buildings and non-owner-occupied properties. Each property type may carry slightly different terms. Our team helps you identify the right program for your asset class.
Interest Only Options and Loan Terms
Some of our stated income refinance programs offer interest-only payment structures. These options lower the monthly payment and improve cash flow on rental properties. Investors who plan to sell or refinance again within a few years often prefer this setup.
Rates vary by program, credit score, and loan-to-value ratio. Some programs offer rates that compete closely with conventional financing. Our team works to match you with the lowest rate your profile qualifies for.
The Stated Income Refinance Process
Our process starts with a simple conversation. We collect basic details about your property, your credit, and your goals. Then our team identifies the best program from our network of stated income lenders.
From there, we move into underwriting. Unlike conventional loans, stated income deals do not require mountains of financial documentation. This keeps the timeline lean and the process clear. We keep you updated at every step.
Cash-Out Refinancing for Business Owners
Many of our clients use a stated income refinance to access cash from their property. This is a smart way to fund a new investment, cover business expenses, or consolidate debt. Your property becomes a source of working capital without selling it.
Our team helps you calculate how much equity is available. We also walk you through the tax implications and long-term effects of a cash-out strategy. Our goal is to make sure the numbers work for your situation.
Nationwide Stated Income Lending
Our team lends across the country. We are active in California markets including Los Angeles, San Diego, Orange County, the Bay Area, and throughout Southern and Northern California. We also work with investors in other states.
Distance is not a barrier. Our process works remotely, and our team is responsive throughout. We do not charge upfront fees to start a conversation or begin the process.
FAQ
What is a stated income refinance loan and how does it work?
A stated income refinance loan allows borrowers to qualify based on property value and credit rather than tax returns. Lenders evaluate the asset, your equity, and your credit score instead of traditional income documents. This makes it a practical solution for self-employed investors.
How do I qualify for a stated income refinance?
You typically need a credit score of 640 or higher and an equity position of 25 to 35 percent. Some programs also require cash reserves. Our team reviews your full profile to match you with the right program.
What are typical stated income refinance interest rates?
Rates depend on your credit score, loan-to-value ratio, and the specific program. Some programs offer rates that are competitive with conventional financing. Our team works to find the lowest rate available for your situation.
Can I use a stated income refinance to pull cash out of my rental property?
Yes. A cash-out stated income refinance lets you access equity in your investment property without selling it. Many investors use this strategy to fund new purchases or cover business costs.
What property types qualify for a stated income refinance?
Single-family homes, multifamily properties, apartments, and commercial real estate all qualify. Non-owner-occupied and investment properties are among the most common. Our team helps you confirm eligibility for your specific property type.
MKK Capital is a direct private lender offering stated income refinance loans, California hard money lending, California bridge loans, and commercial financing nationwide like DSCR loans. Our team serves real estate investors across California and beyond with no upfront fees and competitive rates. Call us today to discuss your next stated income refinance or investment property loan.