We arrange competitive motel bridge loans (mortgages) for commercial real estate owners, builders, developers, investors or “borrowers” seeking bridge or hard money financing alternatives vs traditional bank lending options for the purchase or refinance of motel real estate.
We focus on helping borrowers secure a cost competitive and timely motel bridge loan through our network of private lenders.
Motel Bridge Loan Criteria:
Loans: $500,000 to $25 million
Terms: up to 30 years
Rates: as low as 6.99%
LTV: up to 75%
Closing: usually 14 to 30 Days
Location: USA only
Borrowers: All considered
Decisions: Based on Appraised Value/Purchase Price
PPP / Commitment Fees: Determined case by case