Financing Hotel Purchase with 80% Conventional Loan
in West Virginia
Red Roof Inn
Many hoteliers automatically rush to the SBA loan programs becuase it is easier to source the SBA loans. This buyer contacted Scientific Capital through our website and our informaiton and sample conventional hotel loans. With time running out, we were able to jump in at the last minute, package the loan, and source a conventional lender at 80% loan to value and fixed fixed low rate. When receiving a loan request, we examine all possibilities and will arrange a conventional loan if the market and the nature of the hotel transaction is suitable for this type of loan.
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Our Other Projects With This Client
Finance the purchase and conversation PIP from Townplace to Mainstay at 75% LTV
Finance the purchase and PIP on projection basis at 80% LTV