CONDOTEL LOAN PROGRAM

Flexible financing solutions for hotel-style condominium properties

Loan Programs

Condotel Loan Program

A flexible financing solution for hotel-style condominium properties, resort units, and eligible short-term rental scenarios.

Program Overview

The Condotel Loan Program is designed for borrowers financing condominium units located within hotel-style or resort-style properties. This program provides flexible options for eligible condotel, resort, Airbnb, and daily rental scenarios that may not fit traditional agency guidelines.

Program Features

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Financing available for eligible condotel and hotel-style condominium properties.

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Resort, Airbnb, and daily rental properties may be acceptable.

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Full Doc, alternative documentation, and DSCR options may be available.

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LLC or corporate closing may be available for eligible scenarios.

Why Choose This Program?

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Helps borrowers finance unique condo-hotel properties that may not fit traditional loan guidelines.

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A strong solution for resort, vacation, and short-term rental property scenarios.

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Provides flexible documentation paths for qualified borrowers.

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Gives loan officers a focused solution for condotel and non-traditional condo scenarios.

Who This Program Is Great For?

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Borrowers purchasing or refinancing hotel-style condominium units.

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Clients financing resort, Airbnb, or daily rental properties.

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Investors seeking flexible financing for unique condo-hotel properties.

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Borrowers who need an alternative to traditional agency condo financing.

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Clients with eligible non-owner occupied or investment property scenarios.

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Borrowers who want guidance on structuring a Condotel loan scenario.

Download Loan Program

Preview the loan program sheet and download the full program details instantly.

Co-Brand Loan Program

Access the co-branded version to share this program with your clients and referral partners.

Need Help Structuring a Condotel Loan?

Connect with a loan officer to review your scenario and explore the best financing strategy for your goals.

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Condotel FAQ

Condotel loan questions, answered

What buyers and investors should know about financing a condo-hotel unit.

What is a condotel?

A condotel is a condominium unit in a building that operates like a hotel, often with a front desk, daily housekeeping and an optional rental program that rents units to guests.

Why can't I get a conventional loan on a condotel?

Fannie Mae and Freddie Mac generally don't buy loans on condotel units, so financing comes from portfolio or Non-QM condotel programs instead.

Can I use a condotel as a second home or investment property?

Yes. Condotel programs commonly finance second homes and investment properties, and some allow participation in the building's rental program, subject to guidelines.

What do lenders review on a condotel?

Typically the unit itself, such as its size and kitchen facilities, the rental or management agreement, and the building's budget, insurance and occupancy. Requirements vary by program.

Can foreign nationals finance a condotel?

Many programs allow it, subject to guidelines. See our Foreign National Program and Non-Warrantable Condo Program.

Can mortgage brokers place condotel loans with TAG?

Yes. Licensed brokers can submit condotel files through TAG's wholesale channel in the states where TAG is licensed as a lender.

General information only, not a commitment to lend. All loans are subject to credit approval, underwriting, property eligibility and program guidelines. Programs and availability may change without notice. TAG Lending Group, LLC · NMLS #2329372 · Equal Housing Opportunity.