Dear Investors,
With two decades of mortgage experience I try and share only details that I feel will save you time, money and energy on your real estate investment goals and transactions.
We personally supported nearly 20 STR investors in the previous twelve months. The Top AIRBNB Mortgage Lenders for Conventional Mortgage Loans providing the most competitive rates in the past twelve months are:
Pennymac
Rocket Pro
Forward Lending
Provident
Pylon - Ask if you qualify!
The Top AIRBNB Mortgage Lenders for NON-QM Mortgage Loans providing themes competitive rates in the past twelve months are:
JMAC
NewRez
Advancial
Angel Oak
Pennymac
☑️ For simplicity we shop 240+ Lenders including all of the above to find you the rock bottom rate and program for your AIRBNB purchase or refinance needs.
🤝Our strategic Lending Parter
With 20+ years in the mortgage industry under my belt there isn’t too much in the space that can surprise or impress me. One group that has and who I currently hang my license with is Loan Factory.
Truly tech forward company that both I and my referred clients have all had an exceptional experience with. Since I don’t work ‘both sides’ of any real estate + mortgage transactions - I refer my AIRBNB and STR investors to the first person I recruited into the industry 2004 - Mr. Chiofalo with Loan Factory.
🎯 What We Like
Accurate mortgage pricing tool that does not require a credit check (provided the inputs are accurate so are the terms displayed).
Self Revise Pre Quals. In the STR business there are often pressures that do not accompany standard real estate transactions. I like the ability to adjust Pre Quals on the fly without a request from the mortgage broker.
LOTS of lenders that provide rock bottom rates. There has not been a loan scenario referred that was not doable or highly competitive. In most instances that my investors shop, they come back to Loan Factory because the terms were that much stronger. Also if there is a quirky requirement (like closing in or transferring to an LLC) they’ve found a home for the loan.
Convenience and transparency. The platform itself is very user friendly and the teams behind the scenes are nothing short of outstanding. My clients know where they are in the process and what they need to provide and each has received the terms promised at inception.
For a quick quote or to schedule a AIRBNB Mortgage consultation to qualify or compare terms visit us below!
⬇️ Some of the AIRBNB, STR & DSCR Loan Programs we offer:
NON-QM (Alternative income & asset verification) Spotlight: Asset Depletion & DSCR
Fixed Second Lien Programs up to $500K (Primary, Second, Investment)
JUMBO ARM Specials
Weekly Program & Rate Highlights
👏🏼 With 40+ years of combined lending experience and the power of our 240+ Lenders - we dare you to compare!
📊 MORTGAGE PROGRAMS
💰Asset Depletion Qualification Loans
Did you know that you don’t have to sell your portfolio or assets to utilize them to qualify? Instead - borrowers can use their money market or retirement account funds as ‘income’ to qualify. Here’s how: Multiply the proposed payment by two-ish (40% DTI) then take 70% of the value of the portfolio and divide it by 60-84 months. If the balance is sufficient to cover the ‘proposed’ payment, high-asset borrowers can qualify for near conventional loan rates (MUCH BETTER THAN DSCR!)
🥈Closed-End Second Liens are the perfect way to turn built-up equity into opportunity—whether your clients need funds for home improvements, debt consolidation, or new investments.
Credit Score down to 680
Max LTV Up to 90%
Max Loan Amount $750,000
Max Loan Amount up to $350,000 on DSCR
Max Combined Loan Amount $3.5 million
Full Doc, Bank Statements, P&L, WVOE and DSCR
Primary, Second Homes or Investments
Loans up to $750,000 with a minimum of $150,000
Cash-out or rate-term refinance
Owner-occupied, second homes, and investment properties
12 or 24 months’ business bank statementsFull doc (2 years’ tax returns and YTD P&L, or 2 years W-2’s with YTD pay stubs for non-self-employed)
Rates are 30-year fixed, 20-year fixed, 15-year, or 10-year fixed
Up to 50% DTI, depending on LTV
On 1-Unit SFR with a loan amount of $250,000 or less, 2055 exterior appraisal with AVM can be utilized in lieu of full appraisal. AVM must have a high or medium confidence score.
Why Investors Love It💚
• Keeps the first mortgage intact — no need to refinance
• Fixed-rate stability and predictable payments
• Loan amounts up to $500,000
• Available for primary, second homes, and investment properties
• Fast approvals with common-sense underwriting
🏦First Lien HELOC Example Program
Amount:
· Up to $750,000
Loan Purpose:
· Purchase Money, Rate and Term Refinances and Cash Out Refinances
Minimum Draw:
· $100,000
Appraisal Requirement:
· Full URAR Appraisal is required
🧮 Example No-Ratio Program - Primary & 2nd Homes - When income docs don’t work, we do. This loan requires:
No Income or DTI Requirements
Up to $2.5M Loan Amount ($3M with exception)
80% Max LTV for Purchase/Rate-Term
75% Max LTV for Cash-Out
No Cash-Out Seasoning
620 Min FICO
100% Gift Funds Allowed (for down payment & closing costs)
💡Example DSCR Loan Programs (Debt-Service-Coverage-Ratio)
No Seasoning on Cash-Out Refinances: Unlock equity immediately.
No Current Appraised Value Seasoning: Just renovated? We use the most recent appraisal.
No Chain of Title Seasoning: Need to add a new borrower to title? No problem!
Vacant Properties - we lend on vacant properties.
Recently Listed Properties - off MLS by closing.
Fair Market Rent or Current Rent - use whichever is Greater!
Weekly Rate & Program Highlights
🐘 JUMBO ARM rates are reaching enticing levels with one of our premier jumbo lenders. Intended for prime conventional borrower of primary and secondary residences.
Working on a luxury purchase that requires additional buyer incentives and elite attentive client care? Call Joseph 24/7/365 @ 954-480-7478
🚒 Seller Concessions are HOT: Did you know that on second home loans the maximum seller paid concession with as little as 10% down is 6% of the sales price!?
Below is a Seller Concession Cheat Sheet:
🧑🏼🎤Pro Realtor & Investor Concierge: Are you a Realtor closing 10+ Deals annually or an individual investor with more than 3+ properties owned? Ask about our repeat client and portfolio programs that centralize operations. Book your 15 minute Private Mortgage Consultation here.
Call, text or email us anytime,
Joseph Chiofalo | Loan Factory | Licensed NMLS Mortgage Broker
📲954-480-7478 📧 [email protected] | LIVE QUOTES ☑️
Anthony AJ Wong | Loan Factory | Licensed NMLS Mortgage & Licensed OR + CA Real Estate Broker - Sesemi STR Brokers Powered by Fathom Realty
📲541-800-0455 📧 [email protected] | Shop OR STRs🌲