Angel Oak Now Allows Short-Term Rentals!
To meet the demand from the normalization of utilizing VRBO or other rental programs, our Investor Cash Flow program now allows for short-term rentals. This is yet another tool offering more flexibility for your real estate investor clients. As well, you now have another opportunity to help you close more loans!
Highlights:
- Credit scores starting at 700
- LTV up to 75%
- No personal income or employment information required
- Qualification is based on the cash flow of the property
- Program does not allow Condotels (property cannot have “hotel” in the name or a front desk or lobby with check-in.)
Get the word out to your real estate investor clients and start sending us your scenarios!