Motel Loans and Hotel Loans - Size: $1 million minimum - $50 million maximum Fixed Interest Term: 5-10 years Amortization - 30 years Commercial Mortgage Rates: Ten year treasury plus 205 for hotels and 240 for motels above $3 million. SBA rates for loans below $3 million. Commercial Lender Features: Assumption with approval, Non-recourse Commercial Mortgage Requirements: Appraisal and Market Survey to support the project occupancy Real Estate Loan Fees: Borrower pays all application, inspection, underwriting, and third party costs . Hospitality Financing Matrix Mortgage uses four mortgage programs, some as a direct lender and some as a correspondent. (1) The first program has a maximum of 85% LTV for a wide variety of property types. The loan size range for this portfolio lender is $200,000 - $10 million. This SBA program lends nationwide and has a minimum FICO score of 625. The interest rates in this program are higher than in the other programs. The property types included in this program include hotel and motel properties. High Leverage Loans and SBA | 
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