• Amounts:             $1,000,000 - $150,000,000

• Term / Am:          25 year term with 25 year amortization

• Loan to Value:      90% Purchase 75% maximum for refinance

• Origination Fees:  1 point nationally, 2  points internationally, 3 points for an          international construction project. 

• Rates:                   See above or call 800-620-7964

• Commitment Letter: Within 7-14 days of receipt of complete loan package.

• Funding:    30 to 90 days from Letter of Intent.

• NOTE:         Value based on lower of purchase price or appraisal, if purchase.        Borrower must be experienced or hire recognized hotel management company.

Non-flagged hotels and motels are still considered a large component in the hospitality industry, but generally at a different competitive level. With our industry knowledge and expertise we feel we are more capable of understanding the non-flagged world of hotels and motels vs. other lending alternatives. Our valuation assumptions are based on facts that are relative to the property in question. Sources of revenue for non-flagged hotels and motels may include food and beverage areas, conference rooms, banquet rooms and daily room rentals. Room revenue may also include weekly or monthly rentals that are typically not allowed in flagged hotels. This semi-permanent style of occupancy may be considered undesirable to some, but we recognize that certain properties compete at different levels. Again, the economics of supply and demand dictate the value. 

We offer financing to build hotel/motel/resorts nationally and internationally.