Loan Request for Commercial loan in Waterford, NJ, 08004

Request #3763669 by Lender

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Date Posted

9/30/2025 1:05:06 AM

Property at

Waterford, NJ, 08004, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$3,100,000

Amount of Existing Loans

$300,000

Loan Request

$1,500,000

LTV

48.39 %

Credit Rating

680-699

Net Worth

$4,000,000 - $10,000,000

Loan Purpose

Refinance all

Purpose

3.6 acre land zoned for hotel development. Have Wyndham Microtel brand approval and also Marriot approved 120 rooms with swimming pool and a liquor license. Experienced builder and hotel management company fully committed to the project.

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Loan Request for Commercial loan in Waterford, NJ, 08004