Finance Your Next Airbnb—No Tax Returns Needed
Simple loan solutions for vacation rental investors. Qualify based on the property—not your employment or credit history.
Program Features
- Loan amounts up to $1.5 million
- No income, employment, or credit score required
- 1–2 unit properties eligible
- Title may be held in an LLC or individual name
- Cash-out available up to 65% LTV
- Designed for vacation and short-term rental properties
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Why our Clients Love MiLEND
Turn Your Airbnb or VRBO Dreams Into Income
At Milend, we offer DSCR loans specifically built for short-term rental investors. There’s no need for income verification, employment history, or even a credit score. We base your approval on the projected or actual rental income of the property. Whether you’re expanding your Airbnb/VRBO portfolio or purchasing your first vacation home, we can help you finance with less red tape so you can close on your next rental property quickly.
Click the Milend Award links below to visit the award-giver’s official site.
Your Next Investment Is Closer Than You Think
Finance Your Airbnb Today!
FAQs
Q: Can I get a loan without showing income or employment?
Yes. Our DSCR loan for vacation rentals does not require personal income documentation or job history. We focus on the property’s income potential instead.
Q:What types of properties qualify for this program?
This loan is available for 1–2 unit residential properties that are used as short-term or vacation rentals.
Q:Do I need a credit score to qualify?
No credit score is required. This program is available to U.S. residents and foreign nationals without traditional credit history.
Q:What exactly is a DSCR loan?
A DSCR (Debt Service Coverage Ratio) loan evaluates whether the rental income from a property can cover the loan payments. It allows for a simpler, more efficient underwriting process for investors.
Q:Can I hold the property in an LLC or my own name?
Yes. We allow for title to be vested in either your name or a business entity such as an LLC, depending on your preference and goals.
Q:Is cash-out refinancing available?
Yes, you may be eligible for cash-out refinancing up to 65% of the property’s value, depending on its current rental performance.
Q:How do you calculate rental income if the property isn't rented yet?
We use market rent estimates from an appraisal to determine income for properties that are not currently leased. If the home is already producing income, we’ll use actual figures.
Q:How long does it take to close on a loan?
Most DSCR loans close within 21 to 30 days. We’ll keep the process efficient so you can focus on your investment.