As for home appreciation, values have increased 5. Condotel financing, investment, vacation, and second home financing available for cash out and purchase. Gustan Cho Associates can get up to a 75% cash-out refinance loans for those Condotel unit owners who are looking to do a cash-out refinance on their second or vacation home Condotel unit. NMLS #5645 These programs are available to only qualified borrowSouth Carolina property manager licensing requirements include: Age: must be at least 18 to be a property manager, and 21 to be a property manager in charge. Borrowers can also email me at gcho@gustancho. In this article, we will discuss and cover condotel financing mortgage guidelines. Condotels at One Ocean Place: One Ocean Place Place Rocks!! - See 48 traveler reviews, 32 candid photos, and great deals for Condotels at One Ocean Place at Tripadvisor. Get your quote today! 800-297-6414View 2594 condos for sale in North Carolina. How. Applicability. I found Condotel Financing at competitive rates Types of Mortgages Available Principle & Interest Mortgage Options 30 yr 3/3 ARM @ up to 75% LTV (Lock for 3 Yrs. Mortgage rates for condos and other types of properties have been volatile in recent years. Gena: We’re using the term “condotel” to include a broad group of properties which typically have one or more “Hotel” type characteristics. 40% down payment, or 60% loan to value is required if. For current trends in South Carolina’s real estate investment market, visit Zillow or Trulia. Condominiums are usually divided. Make sure that the management and. Gustan Cho. Spartanburg, South Carolina 27 contributions 12 helpful votes. Over 75% of the borrowers of Gustan Cho Associates (Gustan Cho Associates) are folks who could not qualify at other lenders due. HomeSpring is the way to go when looking to finance your home. Condotels give you all the comfort of owning. Grateful in Advance - thanks!Condotels at Surfmaster: Surf Master in Garden City Beach, S. (305) 697-7667. Type Full Name Below: *. 5 Baths. 438. Generally speaking, these loans are hard to obtain. Industry-leading Bank Statement Program. 1% in 2019. In this second part of our blog series on condominiums and condotel financing, we will explore the ad. If you have any questions about the content in this article or need to qualify for an FHA loan in South Carolina, please contact us at 800-900-8569 or email us at gcho@gustancho. Or email us at gcho@gustancho. South Carolina Beachfront Condos & Villas For Sale listings have an average sales price of $342,818 ranging in price from $24,000 to $1,599,000. Condotel financing was totally unheard of. Safe area of Garden City , yet close enough for a quick drive to anything you could need or want. Building or project needs to be more than or equal to 50% for. “Below is a list of all of the buildings and condos that I have closed loans in recently that I know are already approved as true condos and meet all the. Find out the loan to value, credit,. 1 Beds. Once received, we will review your credit profile. For sale. FHA loan limits in many parts of California is $679,650. State. We now offer Condotel and Non-Warrantable Condo Financing which are portfolio loans with 25% down payment. Our company can help you find private lenders to meet all your funding needs. State. Elliott Beach Rentals has been specializing in professional management of beach homes and condos since 1959. The Team at Lending Network, LLC Is Available Seven Days a Week, Evenings, Weekends, and Holidays. Click here to get started or call our main branch (866) 418-9219 to speak to a CCNB mortgage specialist. This ground level 2-bedroom condo is located in the popular Seagate Village. Then there is an HO-6 policy, which is a small interior (walls in) policy you’ll. Financing is available when you are looking to purchase a unit in a condotel but it is often more limited than when looking. Or email us at gcho@gustancho. Submit your clients' mortgage applications through our secure online platform. Investment property loans Commercial & Residential Condo Hotel Loans. Condotels are typically multi-unit properties. 00, with the average rent median estimated to be $1,250. On January 1, 2022, the updated Fannie Mae condominium lending guidelines went into effect. North Myrtle Beach, SC 29582. It is similar to a hotel in that many times the building actually looks like a hotel, but each individual unit is. Warrantable condos are one that a homebuyer can finance using a conventional mortgage, after having been approved under a set of guidelines set by government-sponsored enterprises Fannie Mae and Freddie Mac. Gustan Cho Associates is one of a few lenders that offer condotel financing. 8999. Fidelity Home Group offers mortgages for warrantable, non-warrantable and condotel property types. I understand that the cost for the Condo Questionnaire will vary according to the requested Condo/Condotel Development, generally this fee charged is between $150. is an equal housing lender. Officials acknowledged their vote was tied to a $100 million “condotel” project proposed along 30th Ave. Condos for Sale: Condos for Sale • Little River Condos • Myrtle Beach Condos • Mt Pleasant Condos • Isle of Palms Condos • Wild. Condotels at Surfmaster: Surfmaster- ROOM 412 is the BEST! - See 13 traveler reviews, 8 candid photos, and great deals for Condotels at Surfmaster at Tripadvisor. More Details. Condotel financing is back. The following are the criteria in which properties would be allowed for condotel financing: The units need to have a full kitchen and a separate bedroom. These could have serious impacts on getting loans in South Carolina, especially in coastal beach towns like Myrtle Beach where highrise oceanfront condos are so integral to their economy. Have a least one bedroom. Auto Loans. 9% over the past year, and are expected to rise another 7. Two bedrooms, two baths, a pull-out couch in a large living room, a full kitchen, large balcony facing the beach, several ceiling fans, and three televisions truly made this a luxury lining place for. Advertisement. 877, s. Long-Term Fixed or ARM Rates. $379,500. For those who need condotel financing, please contact us at Gustan Cho Associates at 262-878-1965 or text me on my cell for faster response at 800-900-8569. Condotel financing is one of the things you need to be considering even as you consider taking on this business. The condotel unit needs to be at least 500 square feet. The condos range in size from 1,800 to 2,800 square feet. Brokered by Dunes Real Estate. MORTGAGE CALCULATOR. We’ll point out important items to help you understand what’s on your credit profile. 5% down payment for a home purchase. CONDOTEL. Or email us at gcho@gustancho. to. You can potentially have quite a bit of money left over for the things that make a house comfortable and specific to your vision. 991 38th ave n, myrtle beach, sc, 29577. Main Office: 1320 Airlie Road | Wilmington, NC 28403 910. What Are the Mortgage Guidelines And Requirements For Condotel Financing? Capital Lending Network, Inc. Qualification based on Property Income, Not Your Income. If you are interested in a condotel purchase loan or a condotel refinance mortgage loan please contact us at Non-QM Mortgage Brokers at 800-900-8569 or text us for a faster response. CONDO FINANCING. View property. Investment property loans Commercial & Residential Condo Hotel Loans. Finance; Get Social. Borrowers can also email me at gcho@gustancho. This article was provided by Oren Orkin of Capital Funding Mortgage Company, LLC, a residential and commercial lender that can provide financing for condo hotel units. 3910 Highway 17 South. Fidelity Home Group offers mortgages for warrantable, non-warrantable and condotel property types. Step 3: Confirm the Condo Project Insurance Requirements. There was a time for the past three years that not a single mortgage lender would touch a Condotel unit. For your protection, do not email your Account Number (s) or Social Security Number. A&D Mortgage. At least 50% owner-occupancy. Loan amounts up to $6 Million. C. Rental Income. Condotels often have the same features you would find at a regular hotel, such as concierge, valet, front desk services, and other amenities. 810 3rd Ave S Corner 3rd Ave South and Poplar Drive South. Stay in touch with us at 843-999-0575 or email directly to aaron@aaronmillerinsurance. Gustan Cho Associates has lending relationships with over 210 wholesale mortgage lenders. (1) "Commission" means the South Carolina Real Estate Commission. We offer a variety of mortgage options: Conventional Mortgages. Was approved for $80k to purchase a beach rental property to come and find out that the loan cannot be used to finance a condotel. In this third installment, we will delve into the crucial process of assessing risks and returns associated with condotel investments. Department of Housing and Urban Development | 451 7th Street S. 0. Condotel and Non-Warrantable Condo Financing. More finance insights;. Therefore, they should work to earn your business. Second-home financing requires a 10% down payment. Coral Beach is an award winning oceanfront resort with excellent rental income! This oceanfront one bedroom has. My husband and I are looking to purchase some 1 bed 1 bath economy condotels. Condotels Golf Colony Resort, Myrtle Beach: See traveler reviews, candid photos, and great deals for Condotels Golf Colony Resort, ranked #36 of 99 specialty lodging in Myrtle Beach and rated 3 of 5 at Tripadvisor. Here are some additional details about Ocean Blue Resort: The resort has 12 floors and 120 units. Answer 1 of 3: Business travelers, looking for recommendations for good hotel or condotel for extended stay for worker in Columbia, SC near BCBS / I-20 for 1 to 3 months stay, perhaps longer. com. Step 2: Follow the Condo Project Review Type Requirements. Condotels; Project Reviews; PERS Submissions . Look for oceanfront villas, condos, townhomes and condo hotels including luxury condos in places like Myrtle Beach, SC; Cocoa Beach, FL; Oak Island, NC and more. He holds a Bachelor’s in Journalism and Mass Communications from the University of South Carolina. Several financial pros come with retiring in South Carolina. We offer a range of financing solutions for condominiums, so you can find the mortgage you want – minus the hassles and stress you don’t. The team at Gustan Cho Associates is available 7 days a week, on evenings, weekends, and holidays. Reed is the Principal of Myers Capital, a twenty-year old mortgage lending company located in downtown Honolulu, Hawaii and Greenville, South Carolina. 5x or brings in 50% more money than it pays out. Financing condominiums in Myrtle Beach can be a very tricky process. COMMERCIAL. A short term loan used to finance the construction of your dream home that once built you can refinance. During the pandemic, rates on 30-year fixed mortgages fell below 3 percent. Ripley's Aquarium of Myrtle Beach. Condotel And Non-Warrantable Condominium Mortgage Underwriting Process. We can finance condotels in Florida, Alabama, Georgia, North Carolina and South Carolina. A condotel essentially is a condo that can be rented either by the night, the week, the month or multiple months, and is similar to that of a resort as the building has a front desk where people can walk up to book or rent a unit. Unfortunately, your hometown lender is not going to. North Myrtle Beach, SC 29582. If you are staying at a resort, you pay $20 per day. Wells Fargo Bank. Non-Warrantable Condo and Co-Op financing for. Condotel Financing. *All loans subject to credit approval. A condotel essentially is a condo that can be rented either by the night, the week, the month or multiple months, and is similar to that of a resort as the building has a front desk where people can walk up to book or rent a unit. CONDOTEL FINANCING No State Limitations $100,000 - $1,250,000 Loan amount depending on the program Starting at 680 FICO 70% CLTV Purchase, Rate-Term 65% CLTV Cash-Out Highlights:Book Condotels at One Ocean Place, Garden City Beach on Tripadvisor: See 48 traveler reviews, 32 candid photos, and great deals for Condotels at One Ocean Place, ranked #2 of 10 specialty lodging in Garden City Beach and rated 4 of 5 at Tripadvisor. Reed is the Principal of Myers Capital, a twenty-year old mortgage lending company located in downtown Honolulu, Hawaii and Greenville, South Carolina. Subscribe now. ; PBX phone system; high-level guest services such as 24. 114. on 47 acres between 29th and 32nd avenues south,. The units are located within a building that has the amenities of a hotel, including a front desk as well as a cleaning staff. Otherwise, it is $30 p/d. Owner Financing available for qualified buyers. NMLS #5645 ǀ AZ Lender #BK-0906866 #MLB5645 On Q Financial, Inc. Condotel Unit buyers interested in getting qualified for Condotel Financing, please contact Gustan Cho Associates at 800-900-8569 or text us for a faster response. Minimum loan amounts commonly fall in the range of $75,000 to $150,000 for most lenders. ) § 47C-1-102. 1025 Highway 17 South. Short title. Coral Beach Bldg. are experts in condotel financing and originating non. Destin Florida Condo Financing. 91% for a 30-year fixed mortgage and 7. When a project as a whole, functions more like a vacation rental resort, the building is ineligible for. Homeowners who own a personal residence, the new Condo-Hotel unit can be classified as a second home which requires 25% down payment. If you need a Condo Hotel purchase mortgage loan or a Condo Hotel refinance mortgage loan, please contact us at Gustan Cho Associates at 1-800-900-8569. - Condo for sale. It’s a type of living space similar to an apartment, but can be sold separately. Industry-leading Bank Statement Program. Condotel financing was totally unheard of. However, the cost of building a barndominium in South Carolina is much less. 386 sqft. St. The minimal down payment is 3% for a primary residence, and grants are available to borrowers who qualify. Condotels at One Ocean Place: Great Stay - Garden City Realty Is Top Notch - See 48 traveler reviews, 32 candid photos, and great deals for Condotels at One Ocean Place at Tripadvisor. Get a quote Or, call 1-855-347-3939. The project must have at least five units. Condo for Sale in North Carolina, NC: Discover convenient living in this 2-story, end unit condo in the Riviera community of Ballantyne, just moments from the South Carolina border. Up to 103 LPC Non-Owner Occupied. Points. Condotel Financing Florida Mortgage Rates; Today's Condotel Florida Mortgage Rates; Live Condotel Mortgage Rates. The Best Condotel Mortgage Lender. A condotel is a short-term rental unit in a condominium project generally found in resort-zoned and specific apartment-zoned areas. If you need a Condo Hotel purchase mortgage loan or a Condo Hotel refinance mortgage loan, please contact us at Gustan Cho Associates at 1-800-900-8569 or text us for a faster. com (800) 697-4371 facebookAverage home values in the state are currently about $158,900. PRIVATELY-OWNED condominiums with a tourist market hungry for accommodations that offer top-of-the-line amenities, condotels are as much a part of the. When this occurs, we can offer. A 10% down. (866) 803-2853. Stretching 60-miles along South Carolina’s coast from Little River to Georgetown is the Grand Strand. Restaurants near Condotels at One Ocean Place, Garden City Beach on Tripadvisor: Find traveler reviews and candid photos of dining near Condotels at One Ocean Place in Garden City Beach, South Carolina. 100% online, 100% easy, 100% safe. Home Spring Mortgage is the the largest non-qm (non-qualified) mortgage lender in South Carolina, providing diverse mortgage loan options for borrowers to achieve their dream of homeownership. Condotel Financing Program Features Offering conventional and portfolio loan options Available for second home and investment properties Team of condotel specialists that. Known for an endless array of restaurants, shopping, entertainment, and miles of sandy beaches, the Grand Strand is a major tourist destination with more than 14 million visitors flocking to Myrtle Beach, its primary city, each year. with a major in real estate will also qualify. Each condotel is a part of a large-scale property that operates similar to a. LuciaThe average rent price in Myrtle Beach, SC, is $1,319. As for home appreciation, values have increased 5. If you are considering investing in a condotel and wondering whether now is a good time, this is the best advice we can give those who are looking for a condotel mortgage in South Carolina. Beach is very clean, no trash, no seaweed even! Waves are crazy!! The undertow can be very strong, but there is a lifeguard from about 9-5 daily. 1. 32 days on Zillow. Not many traditional lenders will allow condotel mortgages due to their increased risk. A Condo-Hotel, also known as a Condotel, can be a great investment for those who are looking for vacation second homes; Investment condotel units are also gaining popularity due to the comeback of condotel financing Condotel unit buyers and commercial real estate investors who have any questions on Condotel Financing and/or commercial loans, please contact us at 800-900-8569 or text us for a faster response. Print . Portfolio Lenders can finance these types of Condos; Not all lender wants to take a risk for these types of Condos; What is a Minimum Down Payment For Condo. 75% of a refinance mortgage on a manufactured home. Check NC real-estate inventory, browse property photos, and get listing information at realtor. Let’s assume that the cost to purchase a condo is $250,000, in order to break even the hotel would need to charge $250 per night for your condo and rent out at least 60% of the time. This is a unique option because rather than selling the loan to Fannie Mae, we fund and service the loan, meaning you will receive your monthly mortgage statement from us, and make payments to us. This ground level 2-bedroom condo is located in the popular Seagate Village. Text us for a faster response. Loan Amount up to $5,000,000; Purchase Up to 70% LTV; Cash Out Up to 65% LTV. A condotel is just what it sounds like—a cross between a condominium and a hotel. Call ☎ (800) 697-4371Myrtle Beach condotel financing guidelines made easy Our flexible options and expert guidance ensure a seamless experience. Morant Properties, the developer, hopes to help with that growth. 106 Condos For Sale in Charleston, SC. 1105 S Ocean Blvd. Condotels at One Ocean Place, Garden City Beach: See 48 traveler reviews, 32 candid photos, and great deals for Condotels at One Ocean Place, ranked #2 of 10 specialty lodging in Garden City Beach and rated 4 of 5 at Tripadvisor. Financing for Condotels in Hoboken, NJ – Serving California, Colorado, Connecticut, Florida, Georgia, Illinois, Maryland, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, and Washington D. Established in 1985, Barefoot Rental Management provides residential property management services in Myrtle Beach as well as Surfside, Garden City, Murrells Inlet, North Myrtle Beach, Conway, Carolina Forest, and Little River. View property. Get ongoing access to funds with a home equity line of credit by itself or combined with a first mortgage. 4051 Houses 40 Townhouses 92 Condos 201 Multi-Family 103 Land. To qualify for condominium mortgage loans, please contact us at Gustan Cho Associates Mortgage Group at 800-900-8569 or text us for a faster response. There is no maximum loan size on Condotel Financing Mortgage Loans. In the example used above, the property brings in $1,500 monthly with a monthly payment of $1,000. 788%. CONDOTEL. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. 201 South Ocean Blvd. A “condotel” is a portmanteau of “condominium” and “hotel. FLORIDA CONDOS. A new modern luxury condo hotel is now being offered on the tree-lined shores of serene Lake Austin, with access to a local resort with…. Fast Closing and Flexible Underwriting. Condotel financing is back. Condotel purchase on the beach - Myrtle Beach User Name: Remember Me: Password : Myrtle Beach - Conway area Horry County Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. Condo hotel mortgage loans also known as condotel and financing is offered aby portfolio lenders with 25% down payment on owner occupant. In the same respect, if the location of the condotel goes through a period of unpopularity, then your rental rates can suffer as well. 18, 2009. Atlantic Beach currently faces one of the highest tax. Condo hotel mortgage loans also known as condotel and financing is offered aby portfolio lenders with 25% down payment on owner occupant. Compared to the rest of the country, SC has comparatively low property taxes, and social security benefits are exempt from taxation, offering attractive deductions on retirement income for residents. Or email gcho@gustancho. A list of local lenders and contacts who can provide traditional financing for condos and condotels in South Carolina, based on the type of loan and the characteristics of the property. Wow! I did. Show all. Myrtle Beach condotel financing guidelines made easy Our flexible options and expert guidance ensure a seamless experience. Reach out or visit a. South Carolina. Highlights include: • Up to 75% LTV (loan to value) • One-bedroom or larger – No square footage restrictions South Carolina Condo Hotel Financing. Senior homeowners may qualify for a homestead exemption that allows the first $50,000. Borrowers can also email us at gcho@gustancho. repeat 0. It’s complicated (but we can make it easy for you). Coral Beach Features and Amenities. How it works: LendSure’s Bridge Financing Program pays off the existing lien while providing the cash out needed for down payment on the new home. com. Call ☎ (800) 697-4371Condotels at One Ocean Place: The nicest place that we have yet to stay at Garden City SC. Up to 75% LTV on bridge loan loan amounts between $1,000,000 to $1,500,000. 1% in 2019. Learn more about how these rates, APRs and monthly payments are calculated. Minimum Credit Score: 575. )We can be contacted several ways to help answer any questions you may have: Call us at toll free at 888 259 2257. Since DSCR equals income divided by payment ($1,500/$1,000=1. $101,000. A list of local lenders and contacts who can provide traditional financing for condos and condotels in South Carolina, based on the type of loan and the characteristics of the. Owning a condotel is popular in Myrtle Beach, SC due to them offering unique services that you do not receive when purchasing a condo. 2 bedrooms. Condo Hotels are very popular in the state of Florida. 1 bath 400 sq ft 201 74th Ave N #2636, Myrtle Beach, SC 29572 (843) 492-4030 Owner Financing - Myrtle Beach, SC Home for Sale OWNER FINANCING AVAILABLE!!!!! No. Conway, South Carolina 590 contributions 307 helpful votes. All of these amenities are managed and operated directly by the complex — usually a reputable hotel chain. $194,500 and up - Condo Hotel. However, to be able to find a lender who offers you a loan for building a condotel, you need expert supervision from Commercial Real Estate Loan Pros of Key West. Also, if you’re a real estate. $242,900. Raleigh South. FHA loan limits in many parts of California is $679,650. Available financing for vacation and 2nd homes up to 85% loan to value to $3,000,000. . com so that we can make sure your policy is always working for you! Wondering if you need condo insurance in Myrtle Beach? Here's everything you need to know about this type of coverage, what it covers and how much it costs. Contact Gustan Cho Associates at 800-900-8569 or text for faster response. 1040 South Federal Highway, Hollywood, FL 33020. com®. The price per square foot is about $126. SEARCH OUR SITE. Are you considering real estate investment in a vacation…Navigating Financing Challenges for Condotel Investments Aug 21, 2023. Ocean front condos are known by lenders as a "Condotel. Both the primary and proposed second home mortgage payments will be used to qualify debt to. Typically, these condotel buildings offer amenities such as a check-in desk, on-site cleaning services, water parks, and more, while individual units are separately owned. Alpha Mortgage is licensed in North Carolina (L-113831), Virginia – Licensed by Virginia State Corporation Commission (MC-4927), South Carolina (#93265), Florida (MLD1700), Georgia (#93265), and licensed in Texas – SML Mortgage Banker Registration. Listed By Owner, douglas fournier. Purchase, Rate Term and Cash-Out Refinance options available. You now are aware of some of the advantages and drawbacks of investing in a condotel. Nicely updated unit! Many amenities!. NUMBER OF ROOMS. View property. 2023. Financing and finding a South Carolina vacation home loan is much different that financing a primary residence. The price tag for a vacation home in a popular resort area can be astronomical. Condotel unit buyers do not own a home and rent and are purchasing the Condotel and that Condotel is the only property that can have it. Reviewed August 20, 2018. Toll Free: 1-888-667-1772. Navigating financing challenges in condotel investments requires creativity, diligence, and a thorough understanding of the market. 212 reviews. Condotels at One Ocean Place: Nice view, pool and hot tub - See 48 traveler reviews, 32 candid photos, and great deals for Condotels at One Ocean Place at Tripadvisor. 2. Florida Condo Mortgage, Florida Condo Mortgage Rates, Non-Warrantable Condo Mortgage, Condotel Mortgage Financing, Florida Condo Loans. Are you pet friendly! Answer from Doug M. com (800) 697-4371 facebookCondotel financing in Miami is one of our specialties here at Lending Bankers Mortgage. All you need is a credit check and either a down payment or refi equity. The average cost of condo insurance in South Carolina is $579 a year or $48 a month with $1,000 as deductible, $60,000 in personal property coverage, and liability coverage of $300,000. Orlando’s newest condo hotel is minutes from Disney’s theme parks and numerous other attractions. Cash-out refinance mortgage loans on a manufactured home requires a loan to value. For a list of condo hotels in Miami and Miami Beach, please. 207 28th Ave N #25, North Myrtle Beach, SC 29582. The minimum loan size for both condotel and non-warrantable financing is $100,000. Share: 19 Properties in Myrtle Beach from $119,000. 1,210 sqft. Brokered by Keller Williams Innovate South. 1. Condotels at One Ocean Place: Never Again! - See 48 traveler reviews, 32 candid photos, and great deals for Condotels at One Ocean Place at Tripadvisor. Condotels at One Ocean Place: 902 One Ocean Place is Excellent! - See 48 traveler reviews, 32 candid photos, and great deals for Condotels at One Ocean Place at Tripadvisor. When your ready to get started on our foreign national loan, we are experts to guide you through the entire process, the first step is getting you pre-approved. 1,700 sqft. Enjoy all the. Hopefully, now you understand why your regime fees will easily be $400 to $1500 a month (depending on what condo development) you own. Mortgage rates on investment home financing are about. Meredith, NH Office. Atlantic Beach currently faces one of the highest tax. By the way, if the condo you are purchasing is not a condotel, It’s still best to. Condo-hotels buyers are usually required to put a minimum of 20% down payment although a higher down payment could be required on a larger purchase price. First Last. Purchase loan-to-values (LTV) (down payments) are identical for a primar residence. Caravelle is an Oceanfront Condo Complex in Myrtle Beach, SC. Article 1. No minimum square feet. Condotels at One Ocean Place: One Ocean Place One Fantastic Place - See 48 traveler reviews, 32 candid photos, and great deals for Condotels at One Ocean Place at Tripadvisor. Condo For Sale In Myrtle Beach, South Carolina. Get a condo insurance quote online or call for advice. A condotel is a condo unit that is operated as a hotel. two years W-2s. Encompassing six buildings with 380 units, this contemporary property includes amazing…. Please call us at (786) 220-1100 or email [email protected] loan: A traditional fixed-rate or adjustable-rate mortgage (ARM) with assigned monthly payments and term periods. Email Agent. . Pawleys Island,. Great Myrtle Beach Oceanfront Location on South Ocean Blvd. Beaufort, Beaufort County, SC . Up to 75% LTV for Purchase Loans. ”. Minimum down payment of 15%. 05:59. Homes are listed on the market for around $244,990, and are closing for about $173,400. , A151 Myrtle Beach SC 29575 Listed By CENTURY 21 The Harrelson Group. S Unit 816, Myrtle Beach — Coral Beach $170,000. Home Spring Mortgage offers non-QM condotel loans with.