Condotel Loans

Condotel Loans

Primary Residence 10% Down
2nd Home 20%
Rental 30% Down

• Airbnb okay on 2nd homes and rentals
• Minimum 500 square feet
• 1 separate bedroom required
• Down payment % depends upon credit score
• No rental pools
• No fractional ownership (timeshare)
• Kitchen minimum requirements:
• 14 cubic feet fridge
• 2 burner cook top stove
• Oven and sink
• No income verification required on condotel rental loans

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It's a great time to purchase your new home. Get the process started by applying with Axent Funding today!