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Posted about 15 years ago

Hotel Financing

It appears some hotel lenders are coming out of the shadows. Some of the intial loan paramaters  I am seeing are as follows:

 

85% LTV on purchases via SBA

65% LTV on  conventional loans for purchases

60% LTV on  conventional refis

60% LTV on  conventional construction

80% LTV on SBA construction

 

5-20 year rate horizons, that reset every five years.

 

Given the times, these arent bad terms on hotels.

 

 


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