We specialize in assisting our borrowers in obtaining loans for short-term rental properties.
Seeking a DSCR program that accommodates borrowers renting their property through platforms like Airbnb or VRBO? Our DSCR program is tailored to assist with this specific need.
- Loan-to-Value (LTV) ratio of up to 80% allowed
- Cash-out refinances are permissible
- Maximum loan amounts extend up to $3 million
- Acceptance of 30-day late payments
- Competitive pricing compared to non-agency full documentation and alternative documentation for Non-Owner Occupied (NOO) properties
- Minimum of 3 months’ reserves required
- No limit on the number of financed properties
- Closing can be conducted within a Limited Liability Company (LLC)
- Interest-only payment option is available
As a leader in DSCR mortgage loans, we have a DSCR program for any situation, even a No Ratio DSCR program that will not use rentals to qualify the property, just the equity in the property.
