Source: Scotsman Guide—
When a commercial mortgage lender recently introduced in-house rental loans for real estate investors, there was one question they often received: Do they offer Airbnb loans? Sometimes potential borrowers would call them Vrbo loans, and at other times they simply called them vacation-rental loans.
However it was delivered, the message was clear: These borrowers were looking to finance another type of rental asset that the lender hadn’t yet considered. As a group, hard money lenders are always looking to maximize loan origination volume by offering a variety of products to their clients, so the lender did the work and began offering loans for short-term rental properties.
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