Condotel Financing

       Financial Services of America

Direct Lender- All 50 States Tel 631-451-7400

 

condotel financingList Of Products That Will Interest You

By Jim Pendleton - Mr Mortgage

This is where you Can find a list of appropriate condotel financing products.

We have full documentation - good credit financing starting at $100,000

Maximum $3,000,000.

We can to property and/ or term exceptions for the right client and situation.

Most financing requires the basic minimum:

600 square feet - separate bedroom (no studio's). full kitchen ( not just a hot plate).

Tip: If you are a strong client, we can make exceptions. These are currently the guidelines, subject to, and/or board recommendations of, particular portfolio products, don't be afraid to ask them for a 'any reasonable exception'. This means that in return for your the exception you offer a reasonable solution. This is a crucial part of negotiations and can have a marked impact on your approval.

  We also do Foreign Nationals condotel financing

  cash out condotel financing for some condotel properties.

Call for details. 631-451-7400

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