Airbnb & short-term-rental DSCR loans
A short-term-rental (STR) DSCR loan qualifies an Airbnb or vacation property on its rental income rather than your tax returns. Instead of a long-term lease, STR programs can use market revenue data (such as AirDNA or a market-rent analysis) or the property’s own booking history to size the loan — up to 85% LTV, with no W-2s or DTI.
How STR income is underwritten
Where a standard DSCR loan uses a long-term lease, an STR DSCR loan uses projected or actual short-term revenue. Lenders typically reference a market data source (AirDNA-style comps) or a 12-month operating history to establish sustainable income, then apply the same DSCR math: revenue versus payment.
Best states for STR investing
Demand concentrates in tourism and no-income-tax markets — Florida, Tennessee (Nashville), Nevada (Las Vegas), the Carolinas’ coast, Colorado and Utah mountain towns, and Montana gateway towns. Local regulation matters as much as gross revenue, so confirm the city’s short-term-rental rules before you buy.
STR DSCR requirements
Expect a 620+ FICO floor, up to 85% LTV, 30- and 40-year terms, and the ability to close in an LLC. Because STR income is seasonal, lenders may apply a conservative haircut to peak-season revenue.
Get a live, indicative term sheet from Qualr Capital — soft inquiry only, no hard credit pull.
Get a Live Term Sheet →