Short-Term Vacation Rental Loans
For Investors Who Have Made Vacation Accommodations Their Business
Put TMD Capital’s financing to work for your next short-term vacation rental. TMD offers 30-year loans with rates starting at 5.75% for short-term rental properties. Whether you are trying to purchase a vacation property of everyone’s dreams or are looking for better terms for an existing vacation rental, TMD has you covered.
LOAN CRITERIA
Collateral:
Non-Owner Occupied Single-Family
Properties; Condos; Townhomes
LTV:
Purchase: Lesser of up to 75% of the As-Is Value or Up to 75% Loan-to-Cost
Refinance: Up to 75% of the As-Is Value
Cash-Out: Up to 70% of the As-Is Value
Loan Amount:
$50k – $2M
Rates:
Starting at 5.75%
Minimum FICO:
620
Amortization Options:
30-Year Fixed,
Hybrid ARMS (5/1, 7/1, 10/1), &
5 & 10 Year Interest-Only
Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.
SHORT-TERM VACATION RENTAL LOAN PROGRAM – PURCHASE
Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.
SHORT-TERM VACATION RENTAL LOAN PROGRAM – REFINANCE
Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.
SHORT-TERM VACATION RENTAL LOAN PROGRAM – CASH-OUT
Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.