We get asked this a lot because many people think Loftium sounds too good to be true, and we get it! But it isn't.
There is no catch.
You get a down payment in exchange for hosting on Airbnb for the duration of our agreement (which isn’t a loan).
The risk is on Loftium, not you.
If the room doesn’t make as much profit as we predicted, the risk is on Loftium - not you. That’s how confident we are in our Airbnb income prediction, which is how we make our money back after providing down payments up-front.
Also, it’s worth mentioning, if the room performs better than we had hoped, we all win! 🎉 Our agreements are always percentage-based so you get to a share of the upside, too.
How to qualify for a Loftium down payment:
- Get approved for a home loan with our partner lender
- Put 1% of your own funds towards the purchase price of the home
- Buy a home in a Loftium-served area
- Live in the home you buy
Reach out! There's a cute little chat button, down at the bottom left corner of this page.