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Hotel Permanent Loan Program

Permanent loans are used to Purchase or refinance existing hotels with stabilized cash flow. We offer hotel financing that can help your hospitality business achieve a higher degree of success in the competitive marketplace.

Our team can help provide the most practical and effective solutions for all your ongoing hotel lending needs.

Nationwide Financing

* Loan Amount: $5 million to $50 million * Rate: 4.50% to 6.50% * LTV: Purchase or Refinance up to 75% LTV or 80% LTC (up to 95% by adding mezzanine and preferred equity to the capital stack) * Term: 5,7, or 10 years * Amortization: 20 - 30 years * Origination: 1 or 2 points * Recourse: Non-Recourse with standard carve out exceptions * Credit Score: 680+ (620 + for Bridge loan program) * Experience: Borrower must have experience on title with similar size hotels in the last 3 years * Borrower Liquidity: 5% of loan amount and cash to close * Prepayment: Varies * Lien Position: 1st * Funding Timeframe: 4 to 8 weeks * Foreign Nationals: OK * Upfront Fees: NO UPFRONT FEES