Property types
Condotel
A condo unit inside a hotel or resort that operates a rental program.
Why it is hard
Agency loans exclude condotels, so financing comes from a small set of portfolio and non-QM lenders with large down payments.
What to ask a loan officer
- Do you have a condotel program, and what down payment does it need?
- Does the rental program or front desk affect eligibility?
- Can the rental income help me qualify?
Also called
condotel, condo hotel, hotel condo, resort condo, condo-hotel
Find a loan officer
Ranked loan officers by state and city are coming soon. Agents can query now: /api/v1/loan-officers?specialty=condotel&state=FL or this specialty as JSON.