In response to the client’s request to reduce the debt service from the existing USDA B&I loan with a high adjustable rate pegged on PRIME index, Scientific Capital refinanced this 62-room Wyndham in Buckhannon, West Virginia with a $3.3 million conventional loan with 20 year term and amortization (loan is fully amortized for 20 years)  and market rate based on 3-Year Treasury, with soft prepay (no prepay if the hotel is sold). Conventional loans, if at reasonable rate and terms such as one arranged for this Wingate help increase the profitability of the hotel. Often, the loan with higher rate and debt service eats up all the profits, a refinance to a reasonable conventional loan will help realize profitability with the same level of income and expense.