Hotel Construction Loans
- Nationwide (primary and secondary markets
- Loan amounts: $10 Million to $100+ Million
- Term: 3 to 5 years
- Rate: 7% to 10% fixed or floating
- Interest only
- Origination: varies
- Finance up to 80% LTC (hard + soft costs) to 75% ARV.
- Recourse and non-recourse (completion guarantee required)
- 1st position lien
- Funding in 4 to 8 weeks
- 680+ credit score
- Borrower must have experience on title building similar size hotels in last 3 years (may use General Contractor)
- Borrower liquidity: 5% of loan amount and cash to close
- Foreign nationals welcome for projects in USA
- No upfront fees. We are paid when your loan is funded at closing.
To get started, please click the blue Hotel Construction Loan Link for your PRE APPROVAL Term Sheet within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES to submit your online loan request. No credit cards, Social Security Numbers or credit checks required for PRE-APPROVAL.
