Hotel Loan Rates are set specific to each loan and are determined by various factors. They are as follows:
• Hotel Management Experience
• Cash Flow Coverage
• Flagged or Non-Flagged Hotel
• Equity Injection (cash down)
• Location of prospective Hotel
• Personal Credit Score
• Total amount financed for Hotel
• SBA or non-SBA loan
Hotel Loan Interest Rates can be pegged to a variety of Indexes
• Prime Rate
• 30-day commercial paper
• 30 or 90 day LIBOR
• 5,7,10 Year Treasury Swap Rates
• 2,5,7 year FHLB-Seattle
• 5 or 10 Year US Treasury Note
Hotel Loan Specifics:
• Floating rates are indexed to Prime Rate, 30-day commercial paper or LIBOR.
• Fixed rates are indexed to US Treasury, Treasury Swap Rates, or FHLB-Seattle for 2, 5, 10, 20, or up to 25 years.
3, 6, 9, 12 month rate locks are available under certain terms & restrictions
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 >