Hotel Loan - Hotel Mortgage
Hotel loan programs
- Small Hotel Loan - hotel mortgage $1-5 Million
- Mid-Balance Hotel Loan - hotel mortgage $1-10 Million
- Large Hotel Loan - hotel mortgage > $10 Million
- Hotel Bridge Loan - hotel bridge mortgages > $3.5 Million
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in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms and air conditioning or climate control.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