Airbnb, VRBO & Vacation Rental Desk
Short-Term Rental DSCR Qualified on Real STR Revenue.
Banks refuse to count nightly Airbnb or VRBO revenue without a 12-month tenant lease. We finance Florida, Massachusetts, Georgia, and Texas vacation rentals up to 75%-80% LTV using AirDNA market projections, trailing host statements, or no-ratio equity tiers.
Up to 80%
STR Purchase LTV
Up to 75%
STR Cash-Out Refi LTV
AirDNA
Or 12-Mo STR Statements
Sub-1.0x
& No-Ratio Backup Tiers
Four Ways We Qualify Short-Term Rentals
1. AirDNA Projections for New Acquisitions
Buying a vacant property or converting a long-term rental into a vacation home? We underwrite projected short-term revenue on eligible purchases and refinances without waiting 12 months for host statements.
2. 12-Month Trailing Airbnb / VRBO / Direct Booking Payouts
Already operating on Airbnb, VRBO, Guesty, or Hostaway? Use your actual 12-month gross booking payouts to capture the higher cash flow that a standard Form 1007 long-term lease schedule misses.
3. STR-Zoned Non-Warrantable Condos & Condo-Hotels
Conventional lenders automatically reject buildings that permit daily or weekly rentals. Our condo desk finances investor units in STR-approved buildings across Miami, Hollywood, Fort Lauderdale, Palm Beach, and Orlando.
4. Sub-1.0x & No-Ratio Fallback for Luxury Coastal Homes
If seasonal occupancy or coastal windstorm insurance pushes projected coverage below 1.00x, the file does not die. We pivot cleanly into our 0.75x-0.99x sub-1.0 or no-ratio cash-out tiers.
Airbnb & Short-Term Rental DSCR FAQs
Why do banks reject Airbnb and VRBO properties even when cash flow is strong?+
Banks and Fannie/Freddie require an executed 12-month residential lease or long-term market rent schedule, ignoring nightly vacation rental revenue completely. Our STR DSCR programs underwrite actual 12-month host statements or AirDNA projections.
Does the property need an active municipal short-term rental license?+
Where a city or county requires STR registration or zoning compliance, we verify the property is located in an STR-permitted zone or can operate legally. If you want to avoid STR documentation altogether, we can also qualify the property off standard Form 1007 market rent or our No-Ratio program.
Can I cash-out refinance an Airbnb after renovating and furnishing it?+
Yes. Investors frequently acquire and renovate coastal homes on a short-term bridge loan, launch the listing, and refinance into a 30-year fixed STR DSCR loan up to 75% LTV to pull their renovation capital back out.