Helping hosts lower their mortgage rate

A host’s home is often their most valuable asset. In addition to providing hosts with a way to welcome guests and meet travelers from all over the world, it also provides a way for them to earn income.

Financial institutions haven’t always understood home sharing and how it’s an economic lifeline for many families and individuals. That’s one of the reasons why many lenders didn’t recognize Airbnb income when people applied to refinance their home loan.

We’re proud to announce an initiative with Fannie Mae and three lenders to help hosts refinance their mortgages. For the first time, hosts in the U.S. will be able to work with participating lenders to recognize Airbnb home sharing income from their primary residence as part of their mortgage refinancing application. This could help unlock potential savings for hosts and help them reach their financial goals. The three mortgage lenders in the initiative are Quicken Loans, Citizens Bank, and Better Mortgage.

Here’s how it works:

  • US hosts can apply to refinance their existing mortgage with Quicken Loans, Citizens Bank, or Better Mortgage. Their existing mortgage does not need to be with any of these providers.
  • All US hosts who share their primary residence are invited to apply. Specific eligibility requirements will be determined by each lender.
  • When you apply, include your Airbnb Proof of Income with your application. Your Proof of Income allows these lending institutions to consider your Airbnb income when processing your application. You can find your Proof of Income here. Each lending institution may request additional information to see if you qualify. Check with your lender to see what documents you’ll need.

This is a new initiative, and we’re excited to continue identifying ways we can support our host community. We’ll be in touch with more updates in the future and hope you’ll share your feedback as we go forward.

Hosts have always been the backbone of Airbnb and we look forward to doing even more to help hosts earn extra money and pursue their passions.

Find your Proof of Income here and get started with the following lenders:

Have questions? Learn more in the help center.