Airbnb Rentals Make Mortgage Refinancing Easier – Brite Homes Florida

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It’s the age of the "gig economy." Today’s technology gives everyone the opportunity to be mini entrepreneurs-whether it’s driving for Uber, delivering groceries for Shipt, or renting out your home on Airbnb. And if Airbnb is your gig, then you’re in luck. Earlier this year, Fannie Mae launched a mortgage refinance pilot program for

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The service helps property managers turn vacant units into short-term rentals. The first six units in Houston are located in the houston houst apartments airbnb started as a place for homeowners to.

There are plenty of reasons people refinance their homes. For some, it’s to get a better interest rate and bring their monthly mortgage payments down. Refinancing saves an average of $3,100 per year on mortgage payments. For others, especially those enjoying a steady income from Airbnb rentals, the refinance frees up cash to make home.

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But for travelers taking a more independent path, there are advantages to having your smartphone by your side (just make sure you. useful apps below. Airbnb and Couchsurfing-services that allow you.

If you’re a homeowner and you’re renting out rooms through AirBnb, congrats!You can now use that AirBnb income to refinance your mortgage. Fannie Mae now allows borrowers to use Airbnb rental income as part of the income qualification to refinance their home loans.