Hospitality Loans

Ready Mortgage has the industries best loan programs available for either owner operators, or property owners of flagged and un-flagged properties. Our loan specialist will deliver the best rate and term available, but will also formulate the program to meet your short and long term goals while ultimately allowing your business to profit more and grow at a faster pace.


Loan Amounts

$250,000 to no lending limit.

Loan Term / Amortization
5, 7, 10, 15, and 30 years (Fully amortized loans are available)
Interest Rates
Fixed interest ratesavailable for 3, 5, 7, 10, 15, and 30 years
Debt Coverage Ratio

Minimum of 1.20 %

Loan to Value

Up to 80%

Origination Fee

0% - 2% of the loan

Prepayment Penalties

Range from 1.25% for the first 3 years to declining fees over 3-5 years.

  • Available for Purchase, rate/term refinance, and cash out refinance.
  • Unlimited cash out.
  • Non personal recourse available.
  • LLC, Corporations, Partnerships, all ok.
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