Hotel Loans 2008 Hotel Loan Packages

Welcome To Hotel Loans 2008's Loan Programs - The Best Hotel Loans in America!

Welcome to Hotel Loans 2008!. Thank you for considering Hotel Loans 2008 for the acquisition or refinance of your commercial hotel property. Hotel Loans 2008, an affiliate of First Flagler Mortgage and Finance, has been a mortgage banking firm since 1997. Due to our high volume and our many lending channels we are able to offer wholesale rates to mortgage brokers and principal borrowers throughout the country.

Hotel Loans 2008's Loan Products are Segmented into five programs:

Conventional Loans--Hotel Loans

Hotel Loans 2008 is proud to offer up to 75% Loan-to-Value and up to 75% "cash out" Loan-to-Value on Hotels through our conventional loan program. Approval is quick and streamlined to expedite the process to approval and funding.

• Rates are extremely competitive and fees are minimized for your benefit

• Loan to Value is up to 75% of appraised value

• Free rate locks for 3 months

• Cash-out up to 75% of appraisal value

• Closing cost are much less than under an SBA Loan Program

• We offer many different terms and amortizations to meet your specific needs.

• Max loan amounts up to $50 million

• Minimum is $1,000,000. Smaller loans on a case by case basis.

• Rates fixed and floating are available

Mezzanine and Private Funding available.

SBA Lending Programs for Hotels

There are 2 types of governmental SBA loans available. First is the 7a program for financing of $2 million or less. The second is the 504 program for purchases between $1 million to $10 million. Each has its strengths and specific requirements. Contact us so that your specific questions can be answered immediately. Start the process today.

WHAT SBA SEEKS IN A LOAN APPLICATION

Under the 7a hotel loan program the ability of repayment from the cash flow of the business is a primary consideration in the SBA loan decision process but good character, management capability, collateral, and owner's equity contribution are also important considerations. All owners of 20 percent or more are required to personally guarantee SBA loans. CLICK HERE TO HEAR MORE ABOUT THE 7A HOTEL LOAN PROGRAM

Typically, a 504 Hotel Loan includes a loan secured with a senior lien from Hotel Loans 2008, covering up to 50 percent of the project cost, a loan secured with a junior lien from the CDC/SBA covering up to 35% percent of the cost, and a contribution of at least 15% percent equity from the small business being helped. CLICK HERE TO HEAR MORE ABOUT THE 504 HOTEL LOAN PROGRAM

Advantages of SBA Loans

• Smallest down-payment from borrower

• Very Low Interest Rates on CDC/SBA Loan

• Hotel loans 2008 rates can be fixed or floating

• Prepayment options

• Fully assumable loans

We are also experts in these following commercial lending services:

Apartment /Multi Family Programs

Program 1: The Apartment /Multi Family Program at Hotel Loans 2008 is the most competitive in the country. Hotel Loans 2008 specializes in funding apartment building loans in the $500,000 to $5,000,000 sector. Hotel Loans 2008 will consider other loan amounts on a case by case basis. (click here)

Conduit /CMBS Programs

Program 2: The Conduit /CMBS Program at Hotel Loans 2008 provides borrowers with extremely attractive pricing on most income producing properties starting at $1,000,000 - $100,000,000. Due to Hotel Loans 2008’s relationships with more Wall Street investment banks than anyone in the industry we can offer pricing starting at 90 bps over the 10 year treasury. (click here)

Mobile Home Park Programs

Program 4: The Mobile Home Park Program at Hotel Loans 2008 is directed towards borrowers wanting to refinance or acquire a new investment. Hotel Loans 2008 has funded mobile home parks from $500,000 to $5,000,000 in all 50 states. (click here)

HOTEL LOANS 2008's Private-Hard Money Loan Division Programs

Program 5: Hotel Loans 2008 is a private lending institution providing short-term commercial loans with speed and creativity. We understand that opportunities in commercial real estate are abundant, and often quick action is necessary to take advantage of these opportunities. Our team of professionals will respond immediately to your client's needs. We find fast, creative solutions to all non-conforming financing needs. (click here)

Self Storage Loans

Self Storage Loans, click here for more info

Please take a minute to fill out our on line application or simply call 877-300-9995 to speak with one of our seasoned mortgage professionals.