Condotel Loan

A condotel is a condominium project that is operated as a hotel with a registration desk, cleaning service, and more.

Funding Capacity

1

Term

1

Payment Schedule

1

Speed

1

Condotel Loan

A condotel is a condominium project that is operated as a hotel with a registration desk, cleaning service, and more. The units are typically individually owned. Unit owners also have the option to place their unit in the hotel’s rental program where it is rented out like any other hotel room to paying guests.

Condotels are typically sold as secondary homes rather than as primary residences.

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Loan request for…

Purchase or Refinance Residential Property

Purchase or Refinance Commercial Property

Business Lending

Pre-Qualification

Pre-Qualification will provide you with an initial quote with the following information:

  • Loan amount
  • Type of loan program
  • Loan to value (LTV)
  • Interest rate
  • Processing times.

 

Note: Pre-Qualification will NOT require credit to be obtained.

Loan Application

Please click on the Proceed bottom below to complete the Loan Application and create your account to monitor the loan process application.

Note: This process REQUIRES credit to be obtained.

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