What Is an Airbnb Loan?
If you're an Airbnb host looking to unlock the equity in your property or fund improvements without the hassle of traditional loan documentation, a NINA loan (No Income, No Asset loan) might be just what you need. These loans are designed with simplicity and flexibility in mind, making them an excellent choice for short-term rental owners like you.
When financing an Airbnb property, finding a loan with favorable terms can be challenging, as many lenders impose strict requirements and high interest rates.
However, with our loan offering an industry-leading interest rate of just 15.95%, you can secure the funding you need with confidence. Plus, our straightforward terms ensure that financing your Airbnb property is both accessible and hassle-free.
Why Choose a NINA Loan for Your Airbnb Property?
No Income Proof
Forget about gathering tax returns or pay stubs. NINA loans don’t require you to prove your income
No Asset Documentation
Approval is based on your property’s value and your credit score.
Flexible Loan Options
Access funds to renovate your property or expand your Airbnb portfolio
Maximize Your Equity
Tap into your property’s potential today.
What type of property do you own?
Residential Property
✓ Receive a loan offer immediately
✓ Eligible for the 15.95% annual interest rate, if $200,000 loan size minimum is reached
✓ Capital received within 15 business days of a completed application
Why Choose Thunderbird NINA?
At Thunderbird NINA, we’re dedicated to helping you unlock the value of your property with flexible cash-out loan options. Whether you’re planning renovations, consolidating debt, or enhancing your Airbnb investment, our loan can be tailored as either a first or second mortgage to fit your needs.
With Thunderbird NINA, you’ll benefit from simplicity, speed, and flexibility. Whether you’re accessing your home’s equity for personal or investment purposes, we’re here to help make it happen—on your terms.
Flexible Loan Options
Airbnb-Friendly Financing
Transparent Fees
Quick and Streamlined Process
Expert Guidance
How to Receive Funding
Get Pre-Approved
Begin with a quick and free pre-approval process. Within minutes, you’ll receive an estimated loan amount, providing clarity on your borrowing potential.
Collect Information
As a NINA loan, we streamline the process by not requiring income or asset documentation. Simply provide any additional basic details necessary to move forward.
Transparent Costs
At the time of application, a small title refund fee is required, along with an appraisal fee paid directly to the appraiser at the door (POC). These clear and upfront costs ensure trust and simplicity.
Work With an Expert Loan Advisor
Our dedicated loan advisors will guide you every step of the way, answering your questions and ensuring a seamless process from application to funding.
Receive Funds in Your Bank Account
After completing the process and agreeing to the loan terms, your funds will be disbursed within 15 business days, giving you the financial flexibility you need.
At Thunderbird NINA
We make accessing your home equity simple, transparent, and stress-free, so you can focus on achieving your financial goals.
FAQ
Thunderbird does not require the pledged property to be free and clear, meaning, for example, Thunderbird's loan can be in a junior lien position. Further, debt unrelated to the pledged property doesn’t affect eligibility.
A junior lien is a loan that is secured against the pledged property, but it ranks behind another loan (or loans) in terms of priority. A junior lien taken by Thunderbird allows you to tap into the equity that has been built in the pledged property, without having to refinance the already existing loan(s). This can be particularly advantageous if there has been a significant increase in the value of the pledged property since incurring the existing debt.
Yes, you can use Thunderbird financing to refinance existing credit card debt, allowing for more favorable interest rates and payment terms.
The main requirements include lendable equity in real estate and lien position to secure the loan.
Yes, you can repay your loan early, but we require the equivalent of 12 months' interest to be included if the loan is repaid before the first 12 months have passed. After these first 12 months, you can pay off the loan at any time without any additional charge.
To apply for a loan, you'll need to provide basic personal information, and details about the pledged property.
The value of your pledged real estate is assessed by our proprietary valuation algorithm, which considers market conditions, property conditions, and comparable sales data. Later in the application process, this value is adjusted and confirmed by a professional third-party appraisal.
Thunderbird employs robust encryption and security protocols to protect your personal information and uses it solely for the purpose of loan processing and account management.