Hotel loans and hospitality mortgages

Hotel Loan - Hotel Mortgage

Hotel loan programs

In addition to our core programs we also offer commercial real estate government agency sponsored related programs for hotel loans including SBA-504, SBA 7(a), and USDA.

Hotel Building definition

A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms and air conditioning or climate control. Additional common features found in hotel rooms are a telephone, an alarm clock, a television, and Internet connectivity; snack foods and drinks may be supplied in a mini-bar, and facilities for making hot drinks. Larger hotels may provide a number of additional guest facilities such as a restaurant, a swimming pool or childcare, and have conference and social function services. Some hotels offer meals as part of a room and board arrangement.

Small Hotel Loan Programs

Hotel Mortgages from $1 Million to 5 Million

Small Wholesale Hotel Loans

  • Term - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Years
  • Adjustable rate available
  • Amortization: 20, 25, and 30 years
  • Prepayment: Multiple options
  • Loan to Value Ratios: 75% for most loans
  • Assumable
  • Recourse: Yes
  • Can be used with SBA-504 (> 51% owner occupied properties)

Learn more about our Small Wholesale Hotel Mortgages

Small Conduit Hotel Loans (non-recourse)

  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Prepayment: Multiple options
  • Loan to Value Ratios: 80%
  • Assumable
  • Recourse: Non-recourse

Learn more about our Small Conduit Hotel Mortgages

Mid Balance Hotel Loan Programs

Hotel Mortgages from $5 Million to $10 Million

Mid-Balance Wholesale Hotel Loans

  • Terms - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Year Loan Terms Available for Fixed Rate Products.
  • Term - adjustable rate: Maximum 5 Years
  • Amortization: 20, 25, and 30 years
  • Prepayment: Multiple options
  • Loan to Value Ratios: 75%
  • Assumable
  • Recourse: Yes

Learn more about our Mid Balance Wholesale Hotel Mortgages

Mid Balance Conduit Hotel Loans

  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Prepayment: Multiple options
  • Loan to Value Ratios: 80%
  • Assumable
  • Recourse: Non-recourse

Learn more about our Mid Balance Conduit Hotel Mortgages

Large Balance Hotel Loans

Hotel Mortgages over $10 Million to No Max

Large Balance Wholesale Hotel Loans

  • Loan Amount: $10 Million - $1,000 Million
  • Fixed Rate: 5, 10 Years
  • Amortization: 20 to 30 year schedules available on most transactions, subject to underwriting criteria. Fully amortizing loans are also available
  • Prepayment: Multiple options
  • Assumable
  • Recourse: Non-recourse with standard carve-outs
  • Property Types: Industrial, R & D Flex, Office, Retail, Manufactured Home Communities, Hotels, and Self-Storage
  • Loan to Value: up to 80%

Learn more about our Large Balance Wholesale Hotel Mortgages

Large Balance Conduit Hotel Mortgages

  • Pricing: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury
  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Prepayment: Multiple options
  • Loan to Value Ratios: 80%
  • Assumable
  • Recourse: Non-recourse

Learn more about our Large Balance Conduit Hotel Mortgages