Commercial
Hotel Loans
Secure the funding you need to capitalize on the growing hotel industry with CMRE's Hotel Loans. We offer tailored financing solutions for both flagged and independent hotels, with competitive rates starting at 8.5%. Let CMRE be your partner in success, providing the capital to acquire, refinance, or improve your hotel property.
Program Benefits
Competitive interest rates starting at 8.5% for qualified borrowers.
Financing available for both franchised (flagged) and independent (non-flagged) hotels.
Flexible loan terms to suit your specific investment strategy.
Expert guidance from experienced commercial real estate professionals.
Streamlined application process for efficient loan approval.
Unlock the potential of your hotel property with strategic financing solutions.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
N/A
Loan Amount Range
$500K - $20M+
Amortization Options
Eligible Properties
- Flagged Hotels
- Independent Hotels
- Motels
- Boutique Hotels
Program Requirements
Income Documentation
- •Detailed historical income statements for the hotel.
- •Projected income statements based on market analysis.
- •Franchise agreements (if applicable).
- •Occupancy rates and average daily rate (ADR) data.
Asset Verification
- •Appraisal of the hotel property by a qualified appraiser.
- •Balance sheets for the borrowing entity.
- •List of all assets owned by the borrowing entity.
- •Proof of funds for down payment and closing costs.
Insurance & Title
- •Property insurance policy with adequate coverage.
- •General liability insurance policy.
- •Business interruption insurance policy.
- •Flood insurance (if applicable).
Property Requirements
- •Minimum FICO score of 640.
- •Credit report for all principals of the borrowing entity.
- •History of on-time payments.
- •No recent bankruptcies or foreclosures.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
Hotel loan terms typically range from 5 to 25 years, depending on the lender and the borrower's preferences. Shorter-term loans may have lower interest rates but higher monthly payments, while longer-term loans may have higher interest rates but lower monthly payments.
The maximum LTV ratio for a hotel loan typically ranges from 65% to 75%, depending on the lender and the specific circumstances of the transaction. A lower LTV ratio may result in more favorable loan terms.
Hotel loans can have either fixed or variable interest rates. Fixed-rate loans provide stability and predictability, while variable-rate loans may offer lower initial rates but are subject to fluctuations in the market. The choice between fixed and variable rates depends on the borrower's risk tolerance and market outlook.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
