Also known as vacation rental loans, our short term rental property loans are designed to help you buy your dream property at the destination of your choice and run it as short-term rentals at Airbnb, Bookings, VRBO, etc.
This loan offers you the easiest way to build your equity – and wealth – through mortgage payments and rental income. An easy-to-secure home loan product, the mortgage is underwritten on the basis of the property income or the market value of the property, rather than the borrower’s income. That means no Tax Returns, DTI, W2s, or personal income are required to qualify for the loan – making the entire process quick, simple, and hassle-free.
- A common sense underwriting process
- Loan amount up to $2.5 Million
- No tax stubs required
- Up to 75% LTV financing on a Purchase
- Needs a minimum FICO of 640
- Interest-only options available
Borrowers who want to buy a rental or investment-worthy property at popular vacation spots