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 5/20/2026DSCR investor loan for short-term rental properties, allowing up to 80% LTV for purchase and rate-term refinances with no limit on financed properties.
DSCR Loan for Investment Properties
confirmed 5/14/2026A 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.
Bank Statement Loan
confirmed 5/10/2026Flexible 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.
DSCR Loan for Investment Properties
confirmed 5/13/2026Investor-focused DSCR program for residential properties, including non-warrantable condos and multi-unit properties, with no income ratio requirements.
Bridge Loan for Investors
confirmed 5/20/2026A 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.
DSCR Loan for Investment Properties
confirmed 5/20/2026A 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.
DSCR Loan for Investment Properties
confirmed 6/8/2026DSCR loan program for investment properties with specific broker-focused underwriting.
DSCR Loan for Investment Properties
confirmed 6/8/2026DSCR loan program for residential 1-4 unit, multifamily, and mixed-use investment properties.
DSCR Loan for Investment Properties
confirmed 5/18/2026A 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.
DSCR Loan for Investment Properties
confirmed 5/15/2026DSCR-based financing for mixed-use (2-8 units) and residential (5-10 units) investment properties with loan amounts up to $3M.
Non-QM Investor Loan
confirmed 5/17/2026A specialized loan program for non-warrantable condominiums, including projects with active litigation, high non-owner occupancy, or commercial use.
Jumbo Investor Loan
confirmed 5/13/2026Jumbo loan program for primary, second, and investment properties with loan amounts up to $3 million, available for purchase and refinance.
Non-QM Investor Loan
confirmed 5/11/2026An investment property loan program offering flexible income documentation options including bank statements, 1099s, and alt-doc for self-employed borrowers and investors.
DSCR Loan for Investment Properties
confirmed 5/10/2026A 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.
Non-QM Investor Loan
confirmed 5/10/2026An investment property loan program that now permits condotels and offers updated guidelines for non-warrantable condominiums.
DSCR Loan for Investment Properties
confirmed 5/12/2026A 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.
Bridge Loan for Investors
confirmed 5/12/2026Short-term bridge financing for investors to acquire or refinance distressed or non-warrantable condo units.
Non-QM Investor Loan
confirmed 5/9/2026Financing 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 5/15/2026Jumbo loan program for primary, second, and investment properties with loan amounts up to $3 million, allowing non-warrantable condos.
Bank Statement Loan
confirmed 5/10/2026A 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.
Non-QM Investor Loan
confirmed 5/19/2026A 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.
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 live Nevada pricing
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