Investment Rental Mortgages As Unique As You
Vibrato can help you obtain or refinance a mortgage on an investment rental property utilizing the property rents to qualify (long term tenants or Airbnb, VRBO, etc — and not your personal income or tax returns.
We understand investent rentals have been traditionally hard to finance — we're here to help.
Our investor-focused mortgage options offer flexible underwriting guidelines to make it easier to buy the vacation rental property you want.
Allow the property's projected (or current) rents to be used to qualify and not your personal income.
Historically, borrowers would be required to qualify using their personal income which creates high "debt-to-income" ratios, making it very hard to get approved - but not now!
Purchasing or Refinancing — We Got You Covered
Rental Property Purchase
Up to 85% LTV (based on loan amount & FICO)
- FICO scores above 620
- No borrower income verification needed
- No tax returns required
- No limit on existing financed properties
- Use existing rents or market-rate rents with appraisal to qualify
- Up to $3,500,000 (lower LTV requirements)
- Down payment gift funds are eligible
- Condos and 2-4 unit properties allowed
- Short seasoning requirements for past bankruptcy, short sale or foreclosure
- Can close in LLC
Refinance or Equity Cash-Out
Up to 80% LTV (based on loan amount & FICO)
- FICO scores above 620
- No borrower income verification needed
- No tax returns required
- No limit on existing financed properties
- Can use previous Airbnb/VRBO/etc. rental income to qualify
- Up to $3,000,000 (lower LTV requirements)
- DSCR ratios as low as .7
- Condos and 2-4 unit properties allowed
- Short seasoning requirements for past bankruptcy, short sale or foreclosure
- Can close in LLC
A Streamlined, Modern Mortgage Process
1. Tell us a bit about the loan you're looking for and your business — no credit check.
We'll ask you some simple questions about the home you're purchasing or refinancing to get started (no credit check or SSN is collected).
2. We'll then discuss self employed mortgage loan options tailored just for you.
Based on the information submitted, we'll go over different mortgage types you may qualify for (interest rates, fees, terms, etc).
3. If you're ready to move forward, we'll complete your application and get started!
We'll get the last few pieces needed to complete your application (credit report and FICO score) and then get everything in motion to get your loan done!
Our Team Gets It
Vibrato was created by entrepreneurs just like yourself — we speak your language. You're at home with our team.
Copyright © 2024 Vibrato 9375 E Shea Blvd Suite 100 Scottsdale, AZ 85260
Lender Labs LLC dba Vibrato, NMLS: #2420007 Arizona License: MB-1042016 Colorado License: MLO.100537074. To check the license status of your mortgage broker, visit http://www.dora.state.co.us/realestate/index.htm