Condotel Real Estate Mortgage, Condo Hotel; Condohotel condotel real estate mortgage, daytona condotel
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Pronunciation: "fi-n&n-'sir; f&-"nan-, "fI- Function: noun 1 : one who specializes in raising and expending public moneys; 2 : one who deals with finance and investment on a large scale.

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Investment Condotel Mortgage, Purchase, Refinance, CashOut

Whether you spell it Condotel, Condohotel, or Condo Hotel, this is what you've been looking for


This is the real estate loan we've all been looking for . . . up to 90% LTV and $650K on a Condotel Purchase coupled with COMMONSENSE UNDERWRITING and a FAST CLOSE ... could it be any better?


Specifics are:

Size
 
350 square foot condotel or larger, kitchen must have a cooktop.
Occupancy
 
Owner Occupied, Second Home, Investor
Interest Only
Option
 
Up to five (5) years interest only, then P&I for the remaining 25 years REQUIRES MI
LTV Limits
 
Owner Occupied, Second Homes, 90% NO MI
LOAN Limits
 
$1.25 Million
Credit Score
 
760
International Borrowers are eligible for this program @ 80%
bahama_bay_condotel_real_estate_

Close your Investment Condotel in an LLC
Requires Personal Guaranty;
Does NOT report to personal credit
unless there are lates or default


80% LTV for condotels if credit scores 640 - 759


No prepayment penalty


Up to 4 Investment Properties with 690 or above score

Up to 2 Investment Properties with less than 690 score


Full Doc over $1.25 Million up to $8 Million - 80% LTV


condotel_real_estate_mortgage
for all your condotel real estate
financing and mortgage needs

 

* Programs, Rates & Terms subject to change without notice; the market is extremely volatile right now.
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