Hotels/Motels:

With our industry knowledge and expertise, we feel we understand the non-flagged world of hotels and motels & Flagged hotels and motels better than most lenders. Our valuation assumptions are based on facts relative to the specific property.

For Resort Funding and Major Flag Hotels- Go to Home page 


 

LOAN LIMITS

$100,000 – $3,000,000

PROPERTY

TYPES

  • Hotel / Motel
  • Flagged / Non-Flagged
  • Interior / Exterior Corridor
  •      <125 units
  • Newer Properties preferred (less than 20 years old)

LOAN TYPES

  • Purchase
  • Refinance
  • Cash Out Refinance

MAX LTV

  • 85% Owner Occupied Purchases (SBA 504)
  • 65% Purchase (Non-SBA, up to 85% CLTV)
  • 65% Refinance / 60% Cash Out Refinance

LOAN TERMS

  • 25 years fully amortized
  • 20 years fully amortized

MIN FICO

  • 650

AVAILABLE

PROGRAMS

  • 5 YR Fixed       
  • SBA 504
  • Adjustable
  • Conversion

THE
CMP Commercial
DIFFERENCE

  • No Balloon Payment
  • Referral source 100% protected
  • Flexible Underwriting
  • No Lender Points
  • Quick Closings
  • Simple Documentation
  • Rate locks available at no cost


 

 

 

 

 

 

 

 

 

 

 

 

 

 

CALL US FOR MORE INFORMATION
1-954-559-6144
OR SUBMIT YOUR LOAN SCENARIO BELOW!

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