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 refers to a type of financing that is used to purchase a property to be used as an Airbnb or short-term vacation rental. Typically, for these types of loans, at least a minimum 15% down payment is required to purchase a property. As a leading lender in the country, we specialize in Airbnb mortgage loans and our knowledgeable staff can provide you with the benefits of investing in a short-term vacation rental. Our CEO, Brian Decker owns a large number of vacation rentals personally and is a great resource.

When looking to finance your Airbnb rental in Scottsdale, AZ, we can help you get the financing needed for your down payment. Options for purchasing your Scottsdale Airbnb include a home equity line of credit or refinancing your primary home and cashing out the equity. Many homeowners were able to secure a low-interest rate so if refinancing is not a good option, a home equity line of credit (a second mortgage) is a good alternative. We can help you start your application for a home equity line of credit (HELOC). The application process is not complicated and 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 to assist in meeting your down payment needs. There are other alternatives to HELOCs if this is not an option for you. Additional options include 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 Scottsdale, AZ usually requires the following:

  • 680 minimum credit score
  • Debt to income ratio below 50% 
  • A 15% down payment for the 1st investment property and a 20% down payment for an 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 Scottsdale, AZ 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 Scottsdale, 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 Scottsdale, AZ
  • A list of top Airbnb properties listed in the Scottsdale 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 Scottsdale, AZ by downloading CEO Brian Decker’s PDF tutorial today!

Your Home Loan Could Be Fully
Funded 21 Days From Now

  • fixed rate

  • Adjustable Rates Mortgage

  • Conforming

  • 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!