Short-term rental DSCR loans for Airbnb and vacation-rental investors.
Eligible STR scenarios can be reviewed using supported rent evidence, property eligibility, marketability, insurance, management, and the complete investment file.
Short-term rental properties can produce strong revenue, but the underwriting is not identical to a standard twelve-month lease. Eligible programs may use a market-rent schedule, documented short-term-rental history, a third-party revenue analysis, or another supported method. The acceptable approach depends on the property, market, program, appraisal, and operating history.
What the lender may review
- Property type and whether short-term rental use is legal and marketable.
- Current bookings, historical statements, management reports, or platform data when permitted.
- Appraisal rent schedule or market-rent support.
- Seasonality, vacancy, location, comparable rentals, and operating history.
- HOA, condominium, municipal, licensing, zoning, and insurance restrictions.
- Credit, LTV, reserves, experience, entity, and complete business-purpose file.
Gross revenue is not always qualifying rent
Platform gross receipts can include cleaning fees, taxes, management collections, or seasonal spikes. A program may apply a haircut, average, or appraisal-supported figure rather than accepting the largest month. The Guru intake asks which rent source is available so the specialist can route the file correctly.
Vacant or newly converted properties
A property that is not yet operating as an STR may still have a path if the appraisal and market support an eligible rental figure. Newly purchased or converted properties can face additional experience, licensing, reserve, leverage, or property restrictions.
Insurance and local rules matter
Standard homeowner coverage may not be sufficient for short-term rental operations. The lender will review acceptable landlord or commercial-use coverage and may require evidence that the intended rental activity is allowed by local rules and the homeowners association.
Do not assume “Airbnb income” is automatically accepted. Submit the property address, operating status, available rent history, and requested structure so the investor desk can identify the correct documentation path.
Your next move
Bring the bookings—or the market-rent story.
Choose current lease, estimated market rent, short-term-rental history, or not sure as the rent support for your scenario. The lending team confirms which income method and documentation apply.