Condotel Loans in Nevada

Nevada - Las Vegas specifically - is one of the densest condotel markets in the country. Strip-adjacent and Resort-zoned properties (Trump, Vdara, Signature, Mandarin Oriental, MGM Signature) operate as branded residences with active rental programs. Specialty investor lenders are familiar with the Vegas project review process.

Top Nevada markets for condotel

  • Las Vegas Strip (Trump, Vdara, Signature, Cosmopolitan): Top-tier branded residences; strongest condotel pricing.
  • Las Vegas off-Strip resort condos: Mid-tier condotels; broader inventory.
  • Lake Tahoe: Smaller condotel inventory at major resorts.

Nevada quick facts

  • Densest condotel market in the West
  • Strip-adjacent branded residences
  • No state income tax
  • Specialty lenders familiar with NV HOAs

Active programs available in Nevada

DSCR Loan for Investment Properties

confirmed 5/20/2026

DSCR investor loan for short-term rental properties, allowing up to 80% LTV for purchase and rate-term refinances with no limit on financed properties.

FICO 620+LTV up to 80%

DSCR Loan for Investment Properties

confirmed 5/14/2026

A non-QM DSCR program for investors, including first-time investors, that allows for negative cash flow properties and offers flexible qualification options like asset utilization.

FICO 620+LTV up to 85%

Bank Statement Loan

confirmed 5/10/2026

Flexible income qualification options including bank statements, 1099s, and tax returns for primary residences, second homes, and investment properties with loan amounts up to $3.5M.

LTV up to 90%

DSCR Loan for Investment Properties

confirmed 5/13/2026

Investor-focused DSCR program for residential properties, including non-warrantable condos and multi-unit properties, with no income ratio requirements.

FICO 620+LTV up to 85%

Bridge Loan for Investors

confirmed 5/20/2026

A short-term bridge loan with terms ranging from 12 to 24 months, designed for investors with at least 2 years of experience. This program does not require a DSCR calculation and offers up to 80% LTV.

FICO 700+LTV up to 80%

DSCR Loan for Investment Properties

confirmed 5/20/2026

A 30 or 40-year fixed-term bridge loan for investment properties that requires a DSCR of at least 0.80. This program allows for up to 80% LTV and is available for single-family homes, 2-4 units, non-warrantable condos, and condotels.

FICO 660+LTV up to 80%DSCR 0.8+

DSCR Loan for Investment Properties

confirmed 6/8/2026

DSCR loan program for investment properties with specific broker-focused underwriting.

DSCR Loan for Investment Properties

confirmed 6/8/2026

DSCR loan program for residential 1-4 unit, multifamily, and mixed-use investment properties.

DSCR Loan for Investment Properties

confirmed 5/18/2026

A business purpose DSCR loan for investment properties that does not require personal income documentation or a mortgage license. The program allows for up to 85% LTV on purchases and rate-term refinances with a minimum FICO of 620.

FICO 620+LTV up to 85%

DSCR Loan for Investment Properties

confirmed 5/15/2026

DSCR-based financing for mixed-use (2-8 units) and residential (5-10 units) investment properties with loan amounts up to $3M.

FICO 720+LTV up to 75%DSCR 1+

Non-QM Investor Loan

confirmed 5/17/2026

A specialized loan program for non-warrantable condominiums, including projects with active litigation, high non-owner occupancy, or commercial use.

Jumbo Investor Loan

confirmed 5/13/2026

Jumbo loan program for primary, second, and investment properties with loan amounts up to $3 million, available for purchase and refinance.

FICO 660+LTV up to 80%

Non-QM Investor Loan

confirmed 5/11/2026

An investment property loan program offering flexible income documentation options including bank statements, 1099s, and alt-doc for self-employed borrowers and investors.

LTV up to 85%

DSCR Loan for Investment Properties

confirmed 5/10/2026

A non-QM loan program for condotel properties, offering flexible financing options for purchase, rate-term, and cash-out transactions for both primary residences and investment properties.

LTV up to 85%

Non-QM Investor Loan

confirmed 5/10/2026

An investment property loan program that now permits condotels and offers updated guidelines for non-warrantable condominiums.

FICO 720+LTV up to 60%

DSCR Loan for Investment Properties

confirmed 5/12/2026

A 30-year fixed DSCR loan program for 1-4 unit investment properties, including condos and PUDs, requiring no tax returns and offering up to 80% LTV for purchases.

FICO 660+LTV up to 80%

Bridge Loan for Investors

confirmed 5/12/2026

Short-term bridge financing for investors to acquire or refinance distressed or non-warrantable condo units.

Non-QM Investor Loan

confirmed 5/9/2026

Financing solutions for condo projects that do not meet standard Fannie Mae or Freddie Mac guidelines, including those with litigation, high commercial space, or investor concentration.

Jumbo Investor Loan

confirmed 5/15/2026

Jumbo loan program for primary, second, and investment properties with loan amounts up to $3 million, allowing non-warrantable condos.

FICO 660+LTV up to 80%

Bank Statement Loan

confirmed 5/10/2026

A non-QM bank statement program for service and tip industry workers that uses 12-24 months of bank deposits to calculate income without requiring tax returns.

FICO 600+LTV up to 90%

Non-QM Investor Loan

confirmed 5/19/2026

A closed-end second lien mortgage program available for owner-occupied, second home, and investment properties with fixed-rate terms of 10, 20, and 30 years.

FICO 660+LTV up to 90%

Nevada Condotel FAQs

Trump Las Vegas - typical lender review?

Specialty condotel programs handle Trump LV regularly. Project review focuses on rental program participation, HOA reserves, and master insurance. 30-day close typical.

Are NV condotels rental-pool mandatory?

Mixed. Some branded residences require rental program participation; others allow opt-out. Read project documents carefully.

General condotel questions

Why won’t conventional lenders finance condotels?

Fannie Mae and Freddie Mac require condo projects to pass a warrantability checklist that excludes daily rentals, front-desk hotel services, mandatory rental pools, and projects with high commercial space ratios. Most condotels fail at least one of these tests.

What rate premium should I expect on a condotel loan?

Condotel pricing typically runs 0.5–1.25% above a comparable single-family DSCR rate. Lenders price the additional risk of a non-warrantable, hospitality-driven asset.

Can I qualify using projected short-term rental income?

Yes. Most condotel DSCR programs use a 12-month projection from AirDNA, an existing rental program statement, or a market-rent appraisal addendum.

See all Condotel guidelines and FAQs →

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