Vacation Rental Loans2024-04-14T09:53:23-04:00

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.

Vacation Rental Loans

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 1.05
Property Condition No rehab needed
Minimum Experience None
Minimum FICO 660
Loan Amount $50,000 to $2 million
Minimum Property Value $135,000
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.

Apply for Loan

Upload required documents to our secure online loan portal

Underwriting reviews the file


Frequently Asked Questions

What are your Vacation Rental Loan fees?2022-08-13T12:17:33-04:00

We believe in transparency, not hidden fees. Please refer to our Vacation Rental Program overview for a list of fees.

How are your STR loans different from your long-term rental loans?2024-04-14T09:52:51-04:00

Maximum LTV/LTCs are slightly lower for STRs due to the potential volatility of income for vacation rentals.

Do you use the actual STR income to qualify the property?2024-04-14T09:50:51-04:00

We use the market rent for a typical long-term rental in the DSCR calculation.

What are vacation rental loans?2022-05-22T18:19:21-04:00

Green Block’s vacation rental loans are 30-year loans for properties used for short-term rentals (STRs) or vacation rentals. These loans can be used to purchase, refinance, or cash-out properties to be used with such services as AirbnB, VRBO, and others.

Who can borrow?2022-05-22T18:24:24-04:00

Our loans are for real estate investors looking to purchase, rehab, refinance, cash-out, or build investment properties. We lend only to legal business entities such as LLCs, LPs, or Corporations domiciled in the United States. We do not lend to individuals.

Do you lend on STRs where rooms are rented out separately?2022-07-03T16:49:09-04:00


My vacation rental is located in a rural area. Can you lend on it?2022-07-03T16:50:11-04:00

Green Block is unable to lend on any property designated as rural on the appraisal. Designation is up to the discretion of the appraiser. A good rule of thumb is that if a property is listed as being in a rural or underserved area per the Consumer Finance tool located at, Green Block will be unable to lend on it.

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