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Tuesday, August 30, 2016

Airbnb Income: How It Can Mess With Your Mortgage 'Refi' - WSJ - Wall Street Journal


Room-rental services such as Airbnb Inc. are blurring the line between residential and commercial property. That is causing problems for some homeowners looking to refinance mortgages. (Read what Airbnb hosts need to know.)


Big banks including Bank of America Corp. and Wells Fargo & Co. are subjecting some refinance customers who rent rooms to additional scrutiny. Some borrowers have been told they were no longer eligible for…




Airbnb Income: How It Can Mess With Your Mortgage 'Refi' - WSJ - Wall Street Journal

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