Hotel Loans 2008 is proud to offer up to 80% Loan-to-Value and up to 75% "cash out" Loan-to-Value on hotels through our conduit loan program. Approval is quick and streamlined to expedite the process to approval and funding.
• Rates start as low as 200 BPS over the comparable "on the run" Treasury rates.
• Loan to Value is up to 80% of appraised value
• Rate locks up to 2 months
• Cash-out up to 75% of appraisal value
• Closing costs are market competitive
• We offer 5 and 10 year terms and 30 year amortizations to meet your specific needs.
• Max loan amounts up to $100 million. Larger loans on a case by case basis.
• Minimum is $1,000,000
• Rates fixed and floating are available
• No personal guarantee required
• Non-Recourse / Standard Carveouts
• Defeasance or YM PP
• 1.20 – 1.35 DSCR Requirements
2008 HOTEL LOAN RATES, BEST IN AMERICA:
5 year @ 5.45%
7 year @ 5.61%
10 year @ 5.83%
HOTEL LOANS LENDING and FINANCING is WHAT WE DO!!! And We Are THE BEST at HOTEL LOANS in the USA!!! Call TODAY
HOTEL LOANS & LENDING - IT'S WHAT WE DO!!
an affiliate of NMB Capital & BMC Capital
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BMC Capital Acquires NMB Capital to move into Palm Beach read the full story >