Airbnb Income Now Benefits Mortgage Financing

Airbnb property owners who plan to refinance their mortgage can now rejoice – hosts who use certain lenders through Fannie Mae will have the option of including their Airbnb income on the loan application. These new changes were developed by lenders to help property owners who plan on refinancing.

Make Sure You’re Covered

While refinancing can help hosts meet their financial goals, it’s also important to ensure your home is adequately protected with comprehensive coverage. After all, if a guest damages your home and refuses to pay for it, you could be left with a huge bill. Two important types of coverage that hosts should maintain at all times are property insurance and commercial liability insurance.