Short-Term Rental Deals Just Got More Flexible

[Joyce Ann Magallanes]

Short-term rental deals are starting to open up again in a more practical way.

A few things that stand out:

• Short-term rental scenarios allowed in supported markets
• Up to 80% of projected income (AirDNA-supported markets)
• Minimum FICO starting at 660
• Reduced DSCR requirements depending on profile
• Lower reserve requirements:
  • 6 months (U.S. borrowers)
  • 9 months (foreign nationals)
• Expanded liquidity options, including cash-out and HELOCs

Small adjustments in reserves, DSCR, or structure can completely change whether a deal works.

If you're analyzing a rental or STR deal, it might be worth taking another look.

If you want help reviewing a scenario, feel free to share it.

Investment properties only. Terms subject to underwriting, credit, property, and market conditions. Not a commitment to lend.