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Condotel Finance Programs
Condotel Mortgage Information
Jim Hill can arrange financing for condotels with no square footage minimum and without a kitchen (a.k.a. lodging unit) up to 85% LTV.
The following are the programs available for condotel financing.
- 30 Year Fixed (interest Only option for 1st 10 years)
- 15 Year Fixed
- 3/5/7/10 Year ARM's
- Full Documentation
- No Income Verification / Verified Assets
- Stated Income / Stated Assets
If structured as a second / vacation home purchase, the above products are also available with an "interest only" option.
Whether you are an individual borrower, realtor or marketing firm, call Jim Hill at 856-906-4095 for a free consultation and / or pre-approval for your condotel purchase.