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Short-Term Rental

A solution for investors who need permanent financing for their rentals listed on Airbnb and VRBO. This product allows DSCR to be calculated by using 12 months of operating history or AirDNA rents as market rent.

Lending Criteria

LOAN AMOUNT

$75,000 to $1.5 million. Loan amounts outside of this range considered.

LOAN TERM

30-year fixed rates; 5/1 + 7/1 ARM’s fully amortized

LOAN TO VALUE

Up to 80% Loan to value: up to 80% loan to value cash-out options

DEBT COVERAGE

Minimum 1.00 DSCR

PREPAYMENT PENALTY

Multiple PPP options available, including No PPP (depending on the state)

CLOSING TIMELINE

2-3 weeks

Mortgages are offered in Partnership with Deal Funding 360. This is not a commitment to extend mortgage credit. Mortgage products, programs , eligibility criteria, pricing, and terms are subject to change without notice and at the sole discretion of the lender. All data and information provided in this “as is” for informational purposes only, and may not be accurate and may be subject to change with or without notice. Unless otherwise communicated in writing, all data and information Lender provides is “as is” without warranty whatsoever. Additional disclosures and information, including state licensing of Lender is available at www.dealfunding360.com

Contact Us Today

Arrange a consultation with us today to delve into your real estate transaction. Discover how we can guide you seamlessly to the closing table.

Opportunity Enterprises: Guiding Your Real Estate Deals to a Seamless Closing.

Contact

Address:

4480H S. Cobb Dr. STE475, Smyrna, GA 30080

info@opportunityenterprises.com


This is not an offer to lend. All offers of credit are subject to due diligence, underwriting and approval. Not all borrowers will qualify and not all borrowers that qualify will receive the lowest rate or best terms. Actual rates and terms depend on a variety of factors and are subject to change without notice.

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