AIRBNB FINANCING MADE SIMPLE

Fuel your investment strategy with our dedicated Airbnb Financing program. With loan limits up to $3 million and a painless, streamlined process, we make investing in short-term rentals easy.

The Airbnb market presents a lucrative opportunity for investors. The number of short-term rentals has increased by 105% in the last three years, and in some cities, investors are making almost $7,000 per month on just one property.

The only catch? Qualifying for a traditional mortgage on these ventures can be difficult. Without a lease in place or proof of the property’s annualized income, most lenders won’t finance a rental — leaving investors like you scrambling for funds.

Luckily, we’re not like other lenders. We know how to assess the viability of a short-term rental property, and we offer dedicated financing for just such investments.

OUR SHORT-TERM RENTAL LOANS

At Kram Capital, we offer short-term rental financing to investors across the country. Ideal for purchasing single-family homes, condos, duplexes, and other properties intended for Airbnb or VRBO use, our loans are flexible, affordable, and simple to apply and qualify for.

Benefits:

No W-2s or tax returns required Loans up to $3 million
New investors welcome Flexible loan terms
Fast closings Low, fixed interest rates

AIRBNB FINANCING MADE SIMPLE

Unlike other lenders, we don’t make you jump through tons of hoops to secure your loan. We make the process simple, streamlined, and painless. We also require no personal income, no investor experience, and no lease agreements. We keep the paperwork to a minimum and the efficiency at full-speed as we process your loan.

The details:

● Property types allowed: Single-family homes, condos, townhomes, duplexes, triplexes, quadplexes

● Locations available: All states except Idaho, Hawaii, Michigan, Montana, North Dakota, Nevada, South Dakota, Vermont, and Wyoming

● Loan term options: 5/1 ARM (no balloon note), 15-year fixed-rate, 30-year fixed-rate, 30-year amortization

● Loan sizes: $100,000 to $3,000,000

● Interest rates: Starting at 5.71%

QUALIFYING FOR OUR SHORT-TERM RENTAL FINANCING

We know that no two investors are alike, so we proudly offer flexible Airbnb financing options to fit a variety of scenarios.

Our qualifying standards vary by credit score and loan amount, but our minimum requirements are as follows:

• Credit score At least 680
• Loan-to-value ratio Max 75%
• Down payment Minimum of 25% down
• Minimum loan amount $100,000

We also consider your property value when evaluating your application for financing.

AIRBNB FINANCING FAQ

Why do I need Airbnb financing to fund my purchase?

Unlike other lenders, we don’t make you jump through tons of hoops to secure your loan. We make the process simple, streamlined, and painless. We also require no personal income, no investor experience, and no lease agreements. We keep the paperwork to a minimum and the efficiency at full-speed as we process your loan.

How do you determine if my property is eligible for financing?

Your property plays a big role in your ability to secure short-term rental financing. We’ll use a professional appraisal, as well as local rent data, to assess your property’s viability as an investment. We want to ensure your purchase can still be profitable should you seek long-term tenants down the line.

Can I use my Airbnb income to qualify for my loan?

We actually don’t require proof of income for our short-term rental loans. However, we are working on a product that would allow borrowers to use short-term rental income to qualify for both rate-and-term and cash-out refinancing.

Do you finance Airbnb rental arbitrage projects?

Kram Capital only finances the purchase or refinance of income-producing real estate. We do not finance arbitrage projects.

How can I improve my chances of qualifying for a short-term rental loan?

Your best bet is to boost your credit score as much as possible. Though we require a 680 at minimum, a higher score will increase your chances of approval and, in some cases, lower your interest rate. Making a larger down payment can also help you get approved more easily.

Can I refinance my short-term rental loan later on?

Yes, you may refinance your short-term rental loan should you want to change your interest rate, terms, or access your property’s equity down the line. At Kram Capital, we offer both rate-and-term and cash-out refinancing.

Can I live in my short-term rental?

Our short-term rental loans are designed for investment properties only. They cannot be used to finance a property you intend to live in, even temporarily. To purchase a property you would like to inhabit, you’ll want a traditional, owner-occupied mortgage.

What other options are there for financing an Airbnb property?

There are other investment property loans out there, but many come with high interest rates and strict qualifying standards. They also require income and employment verification, which is sometimes hard for investors to come by. Our Airbnb financing options are more flexible, allowing you to qualify using just your credit, bank statements, and the right property.

How can I make sure my Airbnb is allowed?

Many cities have regulations that dictate how short-term rentals can be operated in the area, and some also require specific licensing. In some places, short-term rentals are banned altogether. To make sure you’re purchasing an investment in a viable market, check with your local municipality or building department.

What insurance will I need as an Airbnb investor?

If you’re listing your property on the Airbnb platform, you’ll enjoy the company’s built-in “host protection” insurance. In addition to this, you’ll also want a separate insurance policy for the full replacement cost of the property just in case.

Get the Airbnb Financing You Need Today

Kram Capital understands the unique challenges that investors face when building their short-term rental businesses. Our lending platform aims to simplify Airbnb financing and make growing your portfolio easier, faster, and more flexible. Whether you’re looking to purchase a new property or refinance an existing one, we’re here to help.

Contact us now to learn more or apply for your Airbnb financing today.