Minimum Hotel Loans is 1,000,000 to $75 Million
Credit Score 650 and up
Rates Start at 5%
Up To 85% LTV
Purchase, refinance, fix-and-flip, construction
Available in all 50 States + D.C.
Fully Amortizing Loans and Interest Only Available
Debt Restructuring services is available
Conventional, Government Insured, and Private Money Loans
Loan Size: $2 million minimum, no maximum
Loan Terms: 5-10 year fixed-rate terms with amortizations of 25-30 years
Eligible Properties:
Both branded (“flagged”) and unbranded properties eligible
Full service hotels and limited service hotels/motels eligible
Properties typically should be in strong markets, and have a good history of financial performance
Management should ideally be both effective and experienced
Leverage:
Flagged/branded properties: 75% maximum LTV/1.40x DSCR
Non-flagged/unbranded properties: 70% maximum LTV/1.50x DSCR
Pricing: Typically based on LTV and DSCR
Flagged/branded properties: Typically start at 150 bps over U.S. Treasury rates
Non-flagged/unbranded properties: Typically start at 180 bps over U.S. Treasury rates
Assumability: Hotel loans are typically fully assumable, though a fee may apply
Prepayment Penalties: Defeasance or yield maintenance
Recourse: Typically non-recourse with standard bad-boy carveouts
Third Party Reports:
Full Property Appraisal
Phase I Environmental Assessment
Project Capital Needs Assessment (PCNA)
ALTA Land Survey
Are you a business owner or real estate investor in urgent need to save your investment property?
Our Hard and Private Money Lender specializes in Pre-Foreclosure Commercial Real Estate Loans
Terms and Rates vary by loan type and risk level.
Property must hold enough equity to decrease risk of transaction
Full, partial, and NO Docs loan programs
For more information send an email to Debora to: debora@solutionfinancialgroup.com
Please include:
Brief summary of your loan scenario
Your full name
Valid email and phone number
Property type
Property address
Past due amount
Loan amount