Single/Special Use Loans from $750,000+

Restaurant Hotel Motel Gas Station Loans

Select Commercial offers many commercial mortgage loan programs to the owners or purchasers of single use and/or special use commercial real estate. Single use properties are commercial properties that have a specific purpose geared to a specific industry, such as a gas station. These loans are not generally preferred by traditional banks and commonly rejected. This is a problem for small business owners and self-employed borrowers as these properties are often owned by small businesses. We have a special division that caters to these commercial real estate loans. Some examples of these property types include:


Hotels and Motels
We are actively lending on hotels and motels, including unflagged motels. Unflagged motels are motels that do not operate under a franchise agreement such as Holiday Inn or Marriott. Many lenders will not look at these types of properties.

Gas Stations
We are actively lending on hotels and motels, including unflagged motels. Unflagged motels are motels that do not operate under a franchise agreement such as Holiday Inn or Marriott. Many lenders will not look at these types of properties.

Restaurants and Bars
We are actively lending on hotels and motels, including unflagged motels. Unflagged motels are motels that do not operate under a franchise agreement such as Holiday Inn or Marriott. Many lenders will not look at these types of properties.

Other special-use properties
We are actively lending on hotels and motels, including unflagged motels. Unflagged motels are motels that do not operate under a franchise agreement such as Holiday Inn or Marriott. Many lenders will not look at these types of properties.

Our Benefits

Apartment Building Loan

Rates start as low as 3.99% (as of 4/21/17)
• No upfront application or processing fees
• Simplified application process
• Up to 80% LTV on apartments, 75% on commercial (90% with SBA)
• Terms and amortizations up to 30 years
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation

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