Short-Term Vacation Rental Loans

Financing options for investors that are investing in short-term vacation rentals.

For Investors Who Have Made Vacation Accommodations Their Business

Put RCN Capital’s financing to work for your next short-term vacation rental. RCN offers 30-year loans with rates starting at 6.15% for short-term rental properties. Whether you are trying to purchase a vacation property of everyone’s dreams or are looking for better terms for an existing vacation rental, RCN has you covered. 

Loan Criteria

Collateral:

Non-Owner Occupied 1-4 Family Real Estate; 
Condos; Townhomes

LTV:

Purchase: Lesser of up to 75% of the As-Is Value or Up to 75% Loan-to-Cost
Refinance: Up to 75% of the As-Is Value
Cash-Out: Up to 70% of the As-Is Value

Loan Amount:

$50k – $2M

Rates

Starting at 6.15%

Minimum FICO

640

Amortization Options:

30-Year Fixed, 
Hybrid ARMS (5/1, 7/1, 10/1), &
5 & 10 Year Interest-Only

SHORT-TERM VACATION Rental Loan Program

FICO Maximum Loan-to-Value (LTV) Maximum Loan-to-Cost (LTC)
Purchase 760+ Up to 75% of the As-Is Value Up to 75% Loan-to-Cost
700 - 759 Up to 75% of the As-Is Value Up to 75% Loan-to-Cost
680 - 699 Up to 70% of the As-Is Value Up to 75% Loan-to-Cost
660 - 679 Up to 65% of the As-Is Value Up to 65% Loan-to-Cost
640 - 659 Up to 60% of the As-Is Value Up to 60% Loan-to-Cost
FICO Maximum Loan-to-Value (LTV)
Refinance 760+ Up to 75% of the As-Is Value
700 - 759 Up to 75% of the As-Is Value
680 - 699 Up to 70% of the As-Is Value
660 - 679 Up to 60% of the As-Is Value
640 - 659 Up to 55% of the As-Is Value
FICO Maximum Loan-to-Value (LTV)
Cash-Out 760+ Up to 75% of the As-Is Value
700 - 759 Up to 70% of the As-Is Value
680 - 699 Up to 65% of the As-Is Value
660 - 679 Up to 55% of the As-Is Value
640 - 659