Vacation Rental Loan Overview
Whether you are a seasoned real estate investor enhancing your portfolio or your just starting out purchasing your first short term rental property, a vacation rental loan is the perfect solution for your acquisition.
Vacation Rental Loans
 | Interest Rate: | Starting at 6.625% |
| Origination fee: | 1-2% |
| Loan To Value: | Up To 80% |
| Loan To Purchase Price: | Up To 80% |
| Minimum DSCR: | .75% |
 | Days To Close: | 15-30 Days |
| Term: | 30 Year-Fixed |
 | Minimum Loan Amount: | $75,000 |
| Maximum Loan Amount: | $5,000,000 |
 | Minimum FICO Score: | 680 |
 | Property Type: | AirBNB/VRBO Or Similar |
| Short Term Rentals: | Yes |
ADVANTAGES OF RENTAL LOANS FOR REAL ESTATE INVESTORS
 | Perfect For Short Term Rental Investments |
| Unlimited cash out refinance |
| Ten Year Interest-only payment option available |
| As little as 20% on down payments |
| No limit on the number of properties owned |
| Close in the borrower’s name or an LLC |