Hotel-Motel Funding

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?

Marital Status:

Date of Birth:

Social Security Number: (We must pull your credit)

Estimated Credit Score:

Borrower Ethnicity:

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:

Transaction Type:

AS IS Value:

Total Square Footage:

Total room/unit count:

Annual Taxes:

Annual Property Insurance:

Do you currently hold all required licenses?

Own funds invested in this project as of today: (Including EMD if purchase)

Borrower's years of experience:

Who will run the Hote?

I will run the Hotel

I will lease out the Hotel

If leased, enter the total monthly lease amount. (If not leased, enter N/A.)

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:

Do you currently have 10% down payment plus closing cost? (More down payment will be required if there's no seller participation)

Employment Status:

Employed - W2

Employed - 1099

Don't work

The next 6 QUESTIONS is for Employment: (Put N/A if you don't work) 1. Full Name of Employer:

2. Full address including City, State & Zip:

3. Contact number:

4. Job Title:

5. Start Date:

6. Monthly Income:

Borrower Business Information: Entity Name:

Entity's Website:

EIN Number:

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

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)

NOTE 1: There will be a one-time Tri-Merge Credit Report fee of $88 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 $88 after completing this application

NOTE 2: 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 fee of $88 per person. Do you understand?

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

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

Human Check

2 + 2 =

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?

Marital Status:

Date of Birth:

Social Security Number: (We must pull your credit)

Estimated Credit Score:

Borrower Ethnicity:

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:

Transaction Type:

AS IS Value:

Total Square Footage:

Total room/unit count:

Annual Taxes:

Annual Property Insurance:

Do you currently hold all required licenses?

Own funds invested in this project as of today: (Including EMD if purchase)

Borrower's years of experience:

Who will run the Hote?

I will run the Hotel

I will lease out the Hotel

If leased, enter the total monthly lease amount. (If not leased, enter N/A.)

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:

Do you currently have 10% down payment plus closing cost? (More down payment will be required if there's no seller participation)

Employment Status:

Employed - W2

Employed - 1099

Don't work

The next 6 QUESTIONS is for Employment: (Put N/A if you don't work) 1. Full Name of Employer:

2. Full address including City, State & Zip:

3. Contact number:

4. Job Title:

5. Start Date:

6. Monthly Income:

Borrower Business Information: Entity Name:

Entity's Website:

EIN Number:

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

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)

NOTE 1: PhoneOps must pull your credit. If your credit is locked, you must unlock your credit from all 3 Credit Bureaus & keep it unlocked until we pull your credit. Do you understand?

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

NOTE 2: A non‑refundable Write-Up fee of $5,997 will be due upon submission of this application. If the loan amount exceeds $5,000,000, the remaining $9,003 of the $15k LOI Fee will be due upon acceptance of the loan terms. The full amount of this fee will be credited toward your closing costs at settlement. No other lender provides a full credit of fees at closing. Do you acknowledge and agree to these terms?

Yes, I agree to these terms and ready to proceed

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

Human Check

7 + 1 =

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:

2yr to 30yrs

FICO: 625+

(lower FICO is acceptable)

LTV: Occupied

Up to 70%

LTV: Vacant

Up to 55%

Funding:

As soon as 7 days

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

MINIMUM REQUIREMENTS:

* Must be able to show proof of income

* A valid Driver’s License or State ID

* Must have a Checking Account

* A Tri-Merge Credit Report

* A Social Security number

Hotel – Online Application

Hotel (Wholesale)

$100K to $5M

No AZ, CA, ID, MN, ND, SD, NV, OR, UT, VT

Hotel (Retail)

$5M to $50M

Nationwide