Quicken Loans will now let Vrbo hosts use rental income to refinance their mortgage
A little over a year ago, Airbnb partnered with some of the nation’s largest mortgage players, including Fannie Mae and Quicken Loans, to allow hosts using the short-term rental platform to use income from their rentals to refinance their mortgage.
Now, Quicken Loans is at it again; this time partnering with Vrbo, a competing short-term rental platform, to allow users of that platform to use rental income earned through Vrbo to refinance their mortgage.