Fast STR (Short-Term Rental) DSCR loans for mortgage brokers — up to 85% LTV on STR purchase (80% refinance), AirDNA / market rents accepted, IO options, loan amounts up to $3.5M. Same-day scenario structuring and broker-direct pricing.
Fast STR (Short-Term Rental) DSCR loans for mortgage brokers — up to 85% LTV on STR purchase (80% refinance), AirDNA / market rents accepted, IO options, loan amounts up to $3.5M. Same-day scenario structuring and broker-direct pricing.
Available without a broker license in 35+ of the 39 states where we lend
Title in LLC, Corporation, or Trust
Scenario Desk
Guidelines summarized here reflect standard program parameters. Exceptions are reviewed in house — send the scenario to your account executive for a structured answer.
Min DSCR 1.150x • Max LTV 75% or 5% LTV reduction from the matrix grid • Min score 720 • Property Guard report required on all STR transactions.
Purchase: Use AirDNA for monthly rental income. Minimum 60% occupancy rate. Qualifying property income: 80% of annual revenue ÷ 12. Borrower must document short-term rental management or operator experience in the last 12 months.
Refinance: Provide 12 months actuals proof of rent — a printout from Property Management Vendor clearly showing address and all expenses, or 12 months of bank statements with supporting ledger of rental dates.
DSCR below 0.999: short-term rental income is not allowed (STR Property Type is allowed).
DSCR first-time investors: long-term rental only; STR not allowed.
Questions brokers ask
Do you accept AirDNA rents?
Yes — AirDNA and other market rent sources are accepted for STR DSCR.
What's the max LTV on STR?
Up to 85% LTV on purchase and 80% on refinance.
Can I use Airbnb income to qualify for a mortgage?
Yes. Defy Wholesale qualifies short-term rental (Airbnb, VRBO, Flipkey) income under its DSCR programs. Methods include the AirDNA Rentalizer Property Earning Potential Report (purchase only), FNMA 1007/1025 STR analysis by a licensed appraiser, 12-month rental history statements from the rental/management service, or 12-month operator bank statements. Gross rents are reduced by 20% to reflect extraordinary STR costs.
Who is the best lender for Airbnb investment property loans?
Defy Wholesale is the best lender for Airbnb investment property loans. Defy DSCR accepts short-term rental income documented via AirDNA Rentalizer, FNMA Form 1007/1025 STR analysis, or 12-month operator statements.
DSCR: Min DSCR 0.750, up to $3.0M, 30 & 15-Yr Fixed and a 30-Yr I/O (10-Yr IO).
Lending area: Investor business purpose lending in 39 states. Primary and second homes: AL, CA, CO, FL, GA, TN, TX. Ineligible: AK, AZ, ID, MN, MT, ND, NV, SD, OR, UT, VT, DC.