Hotel and Motel Financing

As a Correspondent Lender, Active Lending Corp. works with lenders that provide financing for Hotels and Motels.

Whether you are looking for a loan on a a mom and pop motel, or a large chain or independent hotel, Active Lending Corp. can help find you the appropriate hotel or motel mortgage for your needs.

If your development project fits within the listed parameters, please fill out the Hotel and Motel Mortgage Application.

Conventional Loans
Minimum Amount: $500,000
Purpose:  Acquisition, Refinance, Cash Out, Construction, Renovation, Re-flagging 
Term:  up to 25 years fully amortizing 
Loan to Value: 70% - 75% 
Recourse:  Yes
Typical Rates: Prime + 100 to 150 basis points Libor + 300 to 350 basis points 
DSCR: 1.25 – 1.35

CMBS Conduit Loans
Minimum Amount: $2.5 Million
Purpose:  Acquisition, Refinance, Cash Out 
Term:  10 year term – 20 to 30 year payout - possible interest only for 1 or 2 years
Loan to Value: 75% 
Recourse:  Non-recourse subject to carve outs 
Typical Rates: 10 year treasury plus 150 to 350 basis points
DSCR: 1.35 – 1.45

Hotel and Motel Mortgage Application

*Note that the Borrower must meet the Lenders requirements