National Commercial Property Loans have the experience you need for Hotel/ Motel funding for both flagged and non-flagged properties.
FULL DOCUMENTATION LOANS ONLY
- Purchase
A. Purchase existing operating property
i. May include:
• Land
• Building
• Equipment
• Operating Capital
• Existing business
B. Up to 90% CLTV
i. SBA loan
C. Requires a Star Report
- Refinance
A. Rate and term
B. Cashout
C. Requires a Star Report
- Construction
A. Land purchase
B. Construction cost
C. Equipment
D. Interest only
E. One time close – construction to permanent loan
F. Requires a Star Report and Feasibility Study
National Commercial Property Loans have the experience you need for hotel funding. If the property you wish to purchase or refinance is flagged or has verifiable standing in the industry, we can be your lending source advantage for hotel/motel property.
If these basic conditions are met, getting a hotel/motel loan for
a property is possible:
1. Property
is well located and has a well known flag
2. A profitable
operating and occupancy history
3. Property
has strong management and sponsorship
Please Call
to Discuss Details
877.837.6489