Condotels

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A Condotel is a unique type of residential and rental property. They are typically units within a condo property that are sold to individual owners and have the amenities of a hotel. They are popular in touristy areas or where there is a high demand for hotel rooms and rental properties. We have flexible guidelines to help your clients get the financing you need for these unique types of investment properties.

A Condotel is a unique type of residential and rental property

  • Highlights

    – Owner Occupied, Second home and Non-Owner available
    – Full, Alt Doc, or DSCR
    – Up to 75% LTV for Purchase
    – Up to 65% LTV for Rate & Term and Cash Out
    – Loan amounts to $3,000,000
    – Short Term Rental: Airbnb, etc. for income

  • Parameters

    – Min. SQFT 500
    – Fully functioning kitchen
    – Bedroom required

Our Commitment

“Driven by a passion to see our clients succeed, we at Envision Lending go beyond the transaction. We’re committed to providing personalized, hands-on support to navigate the complexities of property lending. Because when you succeed, we succeed.”