Condotel Loans

Condotel Loans

Primary Residence 20% Down
2nd Home 25%
Rental 30% Down

• Minimum 500 square feet
• 1 separate bedroom required
• Down payment % depends upon credit score
• No rental pools
• No fractional ownership (timeshare)

Kitchen minimum requirements:
• 14 cubic feet fridge
• 2 burner cook top stove
• Oven and sink


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