Hotel Financing and Refinancing
Hotel and Motel Financing
This is a type of commercial mortgage that liens a specific classification of hospitality property. US Trust Lends in This Space. Hotel/Motel projects can vary greatly, with factors like size, cost, timeframe, level of construction and many more dictating factors. Here are some types of hotels/motels interest rates and situations we lend on.
*10% down with 90% LTV for purchases
*Hotel bridge money/short term to 65% LTV
*Interest rates from 6.75% to 15% depending on credit and income quality.
*Nonrecourse-Cash out first and second liens
*Private money programs if your bank passed on your vision.
*Non bank and venture funding
*Acquisition & Development
*Properties that have slows cash flow
*SBA 7(a) and SBA 504 Loans
These hotel loans can be used for a variety of purposes including renovation costs, construction costs, and equipment purchases for your hotel or restaurant. We will help you find the best deal and negotiate a loan at the best rate possible. So, consider us as your next hotel financing lender. Deploying capital nationwide.