Condo Hotel Mortgages

• No cap on investor concentrations

• Up to 80% LTV.

• A single entity may own above 10% of the units in a project.

• Projects with a lot of space for non-residential purposes may be capped at a lower LTV.

• Min. credit score 620.

• 3/1, 5/1 or 7/1 ARMS available.

• Portfolio loans with good rates.

• Foreign National are allowed.

• No maximum loan size, LTV subject to change.