Home > Condo Conversion Loans / Condo-Hotel
Condominium Conversion Loans / Condo-Hotel Finance Loans
| Location: |
Nationwide |
| Type: |
We provide financing for acquisitions, refinances, and new construction of Condominium and Condo hotel commercial properties. |
| Loan Options: |
Adjustable interest only loans available with release clauses. |
| Amortization: |
Interest only |
| Term: |
1, 3 Years |
| Loan-to-Value: |
80% to 92% of costs based on Loan-to-Cost |
| Debt Service: |
DSCR on Condominium conversion real estate loans / Condo Hotel Resort Commercial properties is 1.25%, with some flexibility. |
| Collateral: |
Commercial and residential real estate lending property |
| Property Types: |
Condominium conversions and Condo hotel conversions from apartment, multifamily, office buildings and other acceptable commercial real estate financing. |
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