Condotel Loans in Florida

Few locations can compete with South Florida if you are in the market for a condotel. With our warm, sunny climate, our beautiful beaches, and our booming economy, this is an incredible place to live full-time or part-time. Your condotel unit in or near Miami can serve as an investment, a second home, or even a primary residence.

What Are Condotels?

You can think of a condotel as a cross between a condo and a hotel. You purchase it with a loan, as you would any condominium unit. Nonetheless, the unit is located in a hotel. Condotel residents can make use of hotel amenities and enjoy the same luxurious location as all hotel guests.

Some people live in their condotel units full-time, while others may use them only as part-time residences. The rest of the year, there is the option to rent the unit to tenants or hotel guests to earn extra revenue.

Why Choose Us for Condotel Financing in FL?

  • We are experienced handling condotel loans, and are familiar with the obstacles which may come up when providing condotel financing in Miami. Working with us helps ensure a smooth loan application process and fast approval.
  • We emphasize the unique relationships we build with each of our clients. Through our consultation process, we get to know your specific needs so that we can help you achieve your goals.
  • With our wide network of lenders, we can offer a range of loan sizes and terms. No matter what you are in the market for, we can help you find a condotel loan that will be suitable for your purposes. Competitive interest rates help to keep your short- and long-term costs down so that you can maximize the value of your investment.

Ready to Apply for a Miami, FL Condotel Loan?

Condotel financing in Miami is one of our specialties here at Lending Bankers Mortgage. We would love to have a chance to connect you to a condotel loan which can serve your needs. Please contact us at (786) 220-1100 to set up your free consultation. Sooner than you think, you could be the owner of a beautiful condotel unit in Miami!

Translate »
Live Chat Software