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Airbnb Rentals Make Mortgage Refinancing Easier – Brite Homes Florida So vacation rentals across Arizona no longer have to have a minimum stay requirement, creating more opportunity for tourists interested short-term rental services such as Airbnb. The new law allows for "financial breathing room," opening up opportunities for homeowners to earn extra income, said Arizona Gov. Doug Ducey in.
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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.
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So vacation rentals across Arizona no longer have to have a minimum stay requirement, creating more opportunity for tourists interested short-term rental services such as Airbnb. The new law allows for "financial breathing room," opening up opportunities for homeowners to earn extra income, said Arizona Gov. Doug Ducey in the Arizona Daily Sun.
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