Short-term / Vacation Rental Loans
Financing for AirBnBs and other Short-term rentals
With the rapid growth of AirBnB, VRBO, and other short-term rental (STR) platforms, vacation rentals can be extremely lucrative. Green Block’s Vacation Rental Loans help investors purchase, refinance, or cash-out on their short-term rentals. These 30-year DSCR rental loans are based on the income produced by your the property* rather than your personal Debt-to-Income, and provide the funds you need to capitalize on this new rental opportunity.


High LTVs

Fast Funding

Non-QM Loans
Short-term/Vacation Rental Loan Details
Loan Types | Purchase, Refinance, or Cash-out. |
Property Types | Non-owner occupied 1-4 units, condos, townhomes. Single room STR not permitted. |
Loan to Value (LTV)** | Purchase: Lesser of up to 70% of the as-is value or up to 70% Loan-to-Cost (LTC)
Refinance: Up to 70% of the As-Is Value Cash-out: Up to 65% of the as-is value |
Term | 30 years |
Amortization | Fully amortized, fixed rate 5, 7, 10-year Interest-Only Options available |
Prepayment Penalty | 0 – 5 year step-down options available |
Rates | Starting at 7.5% |
Cashflow Determination* | Long-term market rent based on appraisal |
DSCR Minimum | 1.10 |
Property Condition | No rehab needed |
Minimum Experience | None |
Minimum FICO | 660 |
Loan Amount | $50,000 to $2 million |
Minimum Property Value | $100,000 |
Borrower Type | US-based business entities. Foreign National guarantors permitted. |
* DSCR calculation and underwriting is based on market rent.
** Max LTV based on factors such FICO, experience, property type.
Rental Portfolio Loan Application Process
Our loan process is simple – designed to help you close quickly and seamlessly. We know that time is money and our team’s goal is to help you move fast.