Loftium

Loftium Inc is a Seattle-based startup founded in 2016 that provides innovative mortgage financing solutions for new homeowners. The company offers down payment assistance in exchange for a portion of the income generated from renting out a spare room through platforms like Airbnb. By identifying homes with the potential for short-term rentals, Loftium enables clients to benefit from reduced housing costs, offering up to 50% discounted rent while managing the Airbnb listings. The company furnishes the rental spaces and handles the logistics of hosting, paying landlords market rent under long-term leases of up to three years. Loftium's model supports families in high-cost cities by creating affordable housing options and generating additional income for homeowners.