Hotel-Motel Financing

First & Last Name:

Contact Number:

Email Address:

Full address including city, state, zip & county: (Where you currently live)

How long have you lived at this address?

Address Type:

Own

Rent

How much you pay per month in rent or mortgage?

Date of Birth:

Social Security Number: (We must pull your credit)

Estimated Credit Score:

Borrower Race:

List the names and ages of all dependents. (If none, put N/A)

Requested Loan Amount:

Enter the full address of the subject property including the City, State & Zip:

AS IS Value:

Total Square Footage:

Total room/unit count:

Annual Taxes:

Annual Property Insurance:

Is this a Refinance?

No, this is a purchase (Skip this page)

Yes, I will complete this page

Month and Year of purchase:

Original Purchase Price:

Current Mortgage Balance/Payoff:

Upload payoff here:

Monthly Mortgage Payment: (If Free & Clear, put Free & Clear)

Upload Appraisal Report OR Color Photos here:

Is this a Purchase?

No, this is a refinance (Skip this page)

Yes, I will complete this page

Purchase Price:

Upload Sale's Contract here:

Seller 2nd amount or percentage:

Employment Status:

Employed - W2

Employed - 1099

I run the hotel

I lease out the hotel

The next 10 QUESTIONS is for Employment: (Put N/A if you don't work) 1. Full Name of Employer or Business Name:

2. Full address including City, State & Zip:

3. Contact number:

4. Job Title:

5. Start Date:

6. Monthly Income:

7. Enter the state of Incorporation your company is registered in:

8. Company's Website:

9. EIN:

10. List all Owners and percentage of ownership: (Must equals to 100%)

Do you currently have a Liquor License?

Yes

If yes, upload the license here:

Provide a full scenario of what you want to do and include any special situations or concerns:

Exit Strategy: (In detail & at least 4 paragraphs)

There will be a one-time Tri-Merge Credit Report fee of $57 per borrower & you’ll be re-directed to the site pay after completion of this application. PhoneOps has to pull your credit to see what you qualify for. Do you understand?

Yes, I will pay $57 after completing this application

NOTE 1: If your credit is lock, you must unlock your credit from all 3 Credit Bureaus after you pay your invoice & keep it unlocked until we pull your credit to avoid paying another Invoice Fee of $57 per person. Do you understand?

Yes, all 3 Credit Scores are Unlocked. PhoneOps may pull my Credit

NOTE 2: A non-refundable LOI fee of $15,000 is payable to PhoneOps Funding LLC upon acceptance of loan terms. The full amount of this fee will be credited toward your closing costs at the time of funding. Do you understand?

Yes, I understand and would like to proceed with my loan request

Enter the name of the person that sent you to this site to place your file as "Priority".

Checking this box means you agree to our terms which are: 1: You willingly applied online to one of PhoneOps mortgage loan programs and will complete the 3-Step Process for potential loan approval. 2: You agree that PhoneOps must pull your credit. 3. You agree that your credit is unlocked. 4. You agree that the one-time Tri-Merge Credit Report fee of $57 and the LOI fee of $15k is NON REFUNDABLE.

Human Check

6 + 5 =

HOTEL/MOTEL FUNDING

ATTENTION POTENTIAL CLIENTS!

You were invited to our website to get approved for our Hotel Program. PhoneOps Hotel Program is designed for:

Income Producing Hotels

Fast Funding

Standard Documentation

Vacant Hotels

Seller 2nds Allowed

Cash Out Allowed

If you fall into one of the above, then our Hotel program is great for you. KEEP IN MIND: The SBA is closed, they are not giving out any more funds so PhoneOps Hotel Program is the best option and we close FAST!

PHONEOPS HOTEL PROGRAM IS AVAILABLE NATIONWIDE!

GUIDELINES:

This program has standard guidelines. View below:

Loan Amounts:

$100k to $50M

Term:

1yr to 2yrs

FICO: 625+

(lower FICO is acceptable)

LTV: Occupied

Up to 70%

LTV: Vacant

Up to 55%

Funding:

As soon as 15 days

Download the full Guidelines to better understand if your project is a good fit:

MINIMUM REQUIREMENTS:

* Must show proof of funds for fees & closing cost

* A Tri-Merge Credit Report fee of $57

* A valid Driver’s License or State ID

* Must have a Checking Account

* A Social Security number

* LOI Fee of $15,000

Hotel Funding – Online Application

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