Commercial Mortgages Direct Commercial Hotel Loan Financing

Hotel / Motel Financing

Loan Program Features $1 Million and up with no Maximum

Flagged and non Flagged, Chains or Multiple Locations Preferred

Loan Term Fixed Rates for 1,3,5,7,10 years

Ammortization 15 - 30 years

Loan-to-Value up to 85% ( with MEZZ CAP )

Debt Service Ratio 1.35 or more

Closing Time 30 - 60 Days

Rate Lock Period 60 Days

Reserves 5%

TI / LC 5%

Vacancy 25%

Management 5%

Prepayment Options Defeasance-Yield Maintenance

Recourse NO -All loans are non-recourse with the exception of required carve outs ( Recourse Loans Available )

Application Fee $1,000

Initial 3rd Party Fees $15,000 to $25,000

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HOTEL LOAN APPLICATION

Condo - Hotel Loans Also!

Call 866-372-FLAT

Today for a list of documents required for Hotel or Motel Commercial Loan Submission

The preferred loan source for low rate,fixed rate, long term financing is a Conduit (CMBS) Loan

Hotel Motel Rates on the Rise

Hotel Recovery in Full Swing

Mortgage Calculator:

Sales Price:		$
Down:		%
Interest Rate:		%
Term:		yrs

Monthly payment:		$

3 Minute Executive Summary

Fast Response-Same Day Pre-Approvals-No Social Security #
No Point Loans - Professional Service - 30 Day Closings
Customer Service Contacts You Directly After Submission

PLEASE GIVE US AS MUCH INFORMATION AS YOU CAN, THE MORE
WE GET THE MORE ACCURATE YOUR QUOTE.

Property Information

*Purchase or Refinance:
*Property Value:
*Property Type:
*Loan Amount:
Loan to Value%:
Can you submit details today?:
*City, State:
Property Description and address:
Requested Rate:
Requested Closing Date?:
Number of Units:
# of Units Occupied:
Gross Income:
Expenses:
Net Operating Income:
Loan Terms Requested:
*Name:
Borrower Name:
*Contact Phone:
*E-mail:
Fax:
Contact Me When & How?:
Contact Mailing Address:
Interest Only Option?:
Low Closing Cost Option?:
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