Short-Term Rental Mortgage
Short-Term Rental Mortgage
We specialize in providing mortgage financing explicitly tailored for clients who own and list short-term rentals on popular platforms like Airbnb, VRBO, VACASA, and others. Our unique DSCR (Debt Service Coverage Ratio) Investor loans are designed to cater to the needs of property investors in the short-term rental market. By focusing on the income generated from these rental properties, our DSCR loans offer a flexible and efficient financing solution, allowing investors to maximize their investment potential.
Program Highlights:
- Purchase, Rate & Term Refi, Cash out
- DSCR = Gross Income divided by PITIA/ITIA
- Max loan amount $4,000,000
- 1 – 4 family properties and condominiums permitted
- 85% LTV for Purchase, 80% LTV Rate & Term Refinance
- 70% LTV for Cash-Out Refi
- Down to 620 FICO
- Non-Warrantable Condos OK
- Gift Funds allowed
- No limit on Financed Properties
As a leader in NON-QM loans, the DSCR mortgage program is our most popular program. We have several variations of this DSCR to fit most creative scenarios. Contact us for more information and speak to a professional who can advise you on the right move.
