Showing posts with label Hotel And Motel Construction Lending. Show all posts
Showing posts with label Hotel And Motel Construction Lending. Show all posts

Monday, December 20, 2010

Hotel And Motel Construction Lending

TRTY         Nationwide
AMNT        $7M - No Max
LTV           96% LTC to 71% ACV
                 4% given by 2nd investor
INT           12%
PTS           6 + 2 = 8 (All Rolled Into Loan)
TRM          12 - 36 months
CRDT        None
PPP          6 month guarantee

No Up Front Fees
Lending For Oil & Gas, Lender will pay for reserve report
Lending on Energy Projects includes: Wind, Bio Diesel, Solar, Etc.