Guild Mortgage, one of the largest and most experienced independent mortgage lenders in the U.S., has launched a new mortgage option in partnership with Airbnb that considers short-term rental.
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Guild Mortgage is now offering a mortgage option in partnership with Airbnb that will view short-term rental income from Airbnb as a source of qualifying income on refinance applications for owner-occupied primary residences.
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Guild Mortgage joins Quicken Loans, Citizens Bank and Better Mortgage in offering the refinancing option. The program is made possible through a partnership between Airbnb, the four lenders and fannie mae. fannie mae is a government-sponsored mortgage guarantor. It buys the mortgages originated under the program.
Guild Mortgage has launched a partnership that will consider short-term rental income for from Airbnb, making it an acceptable source for qualifying income on applications for refinancing. This new partnership will support owner-occupied primary residences, according to a press release.
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Guild Mortgage Will Consider Airbnb Income on Refinance Applications – Guild Mortgage recently launched a new mortgage option in partnership with Airbnb that considers short-term rental income from Airbnb as an acceptable source of qualifying income on refinance.
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Guild Mortgage joins Quicken Loans, Citizens Bank and Better.com in offering the refinancing option. The program is made possible through a partnership between Airbnb, the four lenders and Fannie.