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Wilshire Quinn finances hotel loans nationwide up to $20 million. As a private money lender, we are able to underwrite your hotel or motel loan fast and get a pre-approval letter within 24 hours and fund the deal within about 5-7 days. Wilshire Quinn realizes the complexities of financing hotelss and motels. Our successful track record is closely linked to our ability to make immediate lending decisions based on our highly disciplined underwriting approach. The emphasis on in-house loan origination allows our borrowers to move forward with confidence in our hotel loans program.
– Time to Close 5 – 7 days
– Up to 60% LTV and 60% of ARV for rehab, not to exceed 90% of the purchase price.
– Loan Term: 3 – 24 months
– Lending Areas Nationwide, in metropolitan and coastal areas.