HBC Lending Checklist Application Downloads
Thank you for considering HBC for your next SBA hotel loan request. We have specialized our checklist and forms to help expedite your loan request whether it be for a hotel purchase, hotel refinance or new hotel construction. Please see our checklist and forms below. If you have any questions please feel free to contact us at at 1-800-996-0794 and we can help you complete the forms.
Purchase Checklist Packet
A typical purchase transaction requires a down payment as low as 15%, the interest rates are excellent and are on a 25 year term and closing can occur commonly between 45-50 days.
Refinance Checklist Packet
A typical refinance transaction will allow for a loan amount up to 85% of the property value, excellent interest rates on a 25 year term and closing can occur commonly between 30-40 days.
Construction Checklist Packet
A typical ground up construction transaction will allow for a loan amount of 80% of the cost to construct the property, excellent interest rates on a 25 year term with an additional 18 months of interest only during the construction period. The closing of a construction loan can occur commonly between 75-90 days.