Begin Your Investing Journey With an Airbnb Loan

We Are the Top Airbnb Lender in the Country

What is an Airbnb Loan?

An Airbnb loan is a type of financing used to purchase a property for the purpose of being used as an Airbnb or short-term vacation rental. These types of loans typically require at least a minimum 15% down payment to purchase a property. As a leading lender in the country, we specialize in Airbnb loans and our expert staff can provide you with the details and benefits of investing in a short-term vacation rental. Our CEO, Brian Decker personally owns a large number of vacation rentals and is a great resource.

We can help you get the financing needed to purchase your Airbnb rental in Fayetteville, AR. There are many options for purchasing your Fayetteville Airbnb such as a home equity line of credit or a refinance with cash out from your primary home’s equity. Recently many homeowners secured a low-interest rate so if refinancing your primary home is not a good option, a home equity line of credit (a second mortgage) can be a good alternative. Start your application for a home equity line of credit (HELOC) today! The application process is simple and we’re here to assist if you need help. To help you meet your down payment needs, you can obtain a line of credit for up to 80% of the value of your current home. For example, if your primary home is worth $600,000 and you only owe $350,000, you can potentially qualify for a $130,000 equity line. If a HELOC is not an option for you there are additional options such as 401k, savings, stocks, cryptocurrency or RSUs.

We Are the Top Airbnb Lender in the Country

Air Bnb Loan Requirements

Obtaining financing for an investment property in Fayetteville, AR can require the following:

  • 680 minimum credit score
  • Debt to income ratio below 50% 
  • A 15% down payment for your first investment property and a 20% down payment for any additional home
  • No more than 10 mortgaged properties are allowed per borrower
  • An appraisal on the property must be completed by the lender to identify the amount the home would rent for as a long-term rental. This potential rental income can then be used to help a borrower qualify for a new mortgage.
  • Proof of 6 to 12 months of reserves in the bank AFTER the down payment. 1 month of reserves is equal to the total housing payment for the property (principal, interest, insurance and property taxes)

Why an Air Bnb Loan?

Unique Benefits We Offer Our Airbnb Clients:

We will provide a detailed AirBNB market analysis of Fayetteville, AR for any borrower that is pre-approved by Modern Lending for an investment property purchase. This will include the following:

  • The estimated profit the property will generate
  • Marketing Rating A-F
  • Estimated Occupancy based on historical averages for Fayetteville, AZ
  • A Monthly Rent Calendar: The amounts you can expect to lease out the property for every night of the year, based on the seasonality of Fayetteville, AZ
  • A list of top Airbnb properties listed in the Fayetteville market for you to mimic  
  • A comprehensive list of Airbnb services to signup for to help you manage the property. This includes everything from AirbnbSEO to Guesty
  • A personal phone call with CEO Brian Decker to go over any questions you may have about operating an Airbnb (15 minutes)

Learn how to secure your first Airbnb loan in Fayetteville, AR by downloading CEO Brian Decker’s PDF tutorial today!

Your Home Loan Could Be Fully
Funded 21 Days From Now

  • fixed rate
    mortgage

  • Adjustable Rates Mortgage
    (ARM)

  • Conforming
    loans

  • jumbo and super
    jumbo loans

  • FHA, VA, &
    USDA Loans

  • Terms from
    5 to 30 Years

Get Your FREE Air Bnb Loan Quote Now!

If you're interested in financing a second home, a short-term rental or Airbnb please click the link below to start your journey today!