Mega Loan Funding

                Commercial loans and unsecured business lines of credit.

                     A world of commercial lending opportunities.  
 


MegaLoanFunding
11903 Middlebury Dr
Tampa, FL 33626

Tel:
1-800-879-0284

Fax:813-435-2349

Email

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Hospitality Industry Loan Products.

 

75% LTV Hotel purchase or refinance loan up $5M -$100M.

Reference Number:

H0 61103

Loan Type:

Fixed or adjustable rate loan for flagged property in major market.

Term:

5,7, or 10 years.

LTV:

Up to 75% depending upon DSCR and sponsorship.

Interest Rate:

5,7 or 10 year fixed or adjustable rate loan.

Spreads:

150 to 250 basis points over the corresponding index.

DSCR:

1.40

Loan Purpose:

Purchase or refinance.

Max. Loan:

$5,000,000 to $100,000,000.

Doc Type:

Traditional documents.

Area:

Nationwide.

Underwriting:

45 to 60 days after acceptance of application fee and deposit.

90% Flagged hotel purchase or refinance loan up to $115m 

Reference Number:

HO 61104

Loan Type:

Fixed purchase or refinance loan

Term:

5,7, or 10 years

Amortization:

15-30 years

LTV :

85% < $5million  90% > $5million

CLTV:

90% CLTV

Interest Rate:

Fixed low rate

DSCR:

1.2-1.5.

Loan Purpose:

Purchase or refinance.

Max. Loan:

$115 million.

Area:

Nationwide

Funding:

45 days after acceptance of application fee and deposit.

Assumability:

Yes.

Recourse:

Non-Recourse available.

90% Un-Flagged Hotel purchase or refinance loan up to $5million

Reference Number:

HO61105

Loan Type:

Purchase or refinance loan

Term:

5,7, or 10 years.

Amortization:

15-30 years.

LTV :

90% CLTV.

Interest Rate:

Fixed low rate

DSCR:

1.2x

Loan Purpose:

Purchase or refinance.

Max. Loan:

$5 million.

Area:

Nationwide.

Assumability:

Yes

Funding:

45 days after acceptance of application fee and deposit.

Recourse:

Non-Recourse subject to standard carve-outs.

 

 

 

Set up an appointment to discuss your loan requirements

 Set up a telephone appointment to talk to a processor who will prepare your loan application for you. 

See our complete loan process.

Our phone number is 1-800-879-0284 

Our Email address is Originator@MegaLoanFunding.com  

Introduce your self and receive updates on this site.

See Mat's list of choice commercial properties.

                   Broker Co-Op Policy           

Loan Products.

Construction.

Office Building

Multi Family.

Speed Loans and Hard Money.

Retail.

Land Development.

Automotive.

Assisted Living Facility.

Golf Course.

Mixed Use.

Warehouse.