Current Condotel Mortgage Rates
Navigating the unique world of condotels requires specialized expertise, and that’s where Makai Mortgage shines. Offering va robust selection of condotel financing options, we ensure that your investment dreams come to life seamlessly. Whether you’re a first-time buyer or an experienced investor, our tailored condotel loan solutions provide unmatched flexibility and affordability.
Current rates as of October 10, 2023
Type | Rates | Points | APR |
First-Home Buyer 5/6 ARM* | 7.750% | 1.625 | 8.625% |
Conforming 30yr Fixed** | 8.500% | 0.875 | 8.631% |
Jumbo 5/6 ARM*** | 8.875% | 1.125 | 9.405% |
To learn more or to get started on your application process, please contact one of our Mortgage Loan Originators.
Rates as of 10/11/2023 and can change without notice.
* Minimum 10.01% down up to $1,089,3000 loan amount. No prepayment penalty.
** Minimum 30% down. For investors add 0.375% to the rate. No prepayment penalty.
*** Minimum 25% down to up to $1,500,000. Minimum 30% down for investors.
For information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Your actual rate, payment, terms, and costs could be different. Your rate, fees, and terms may differ based on various factors such as: when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, loan to value ratio, etc.