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Friday, October 9, 2009

Condo Hotel Financing

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Condo Hotels are a new trend in second home and investment
ownership. Buyers can purchase a luxury vacation home at a
world class resort and receive rent revenue whenever they are
not using their residence, helping to offset the costs of
ownership.



What Defines a Condo Hotel?

* Condos that allow rental desk, daily maid service, &/or restaurant.
* Condos that allow Daily Rentals even if their is not an on site rental
desk.

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Non Warrantable Condo’s require a Portfolio Lending Product

I am a Licensed Mortgage Professional that has an established long term relationship with reputable Banks that lend money in Non Warrantable Condominium Projects.

NO CONDO QUESTIONAIRE REQUIRED