Condotels
Condotels
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
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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
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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.”