Airbnb • VRBO • Vacation Rental Financing
Short-Term Rental Loans — We Understand Your Income
Most lenders don’t know what to do with Airbnb income. We do. Specialized Non-QM underwriting that uses AirDNA market projections and booking history to qualify STR investors.
AirDNA
income projections accepted
No W-2
required to qualify
640+
minimum credit score
21 days
typical close time
The Only Lenders Who Actually Understand Short-Term Rentals
Airbnb and VRBO have created an entirely new category of real estate investor. The income is real. The returns are often better than long-term rentals. But traditional lenders — and even most Non-QM lenders — don’t know how to underwrite it. They see inconsistent monthly revenue and decline. We see a market-proven rental strategy and approve.
Who This Program Serves
- Existing Airbnb and VRBO hosts looking to purchase more properties
- Long-term rental investors converting to the STR model
- Vacation home buyers who want to offset ownership costs with rentals
- First-time STR investors purchasing in a high-demand market
- Investors buying in beach, mountain, or urban tourism markets
- Anyone declined because a lender wouldn’t count their Airbnb income
How STR Income Is Documented
- AirDNA projections: market-level revenue estimates for the specific property/market
- Existing booking history: 12 months of Airbnb/VRBO income statements
- STR DSCR: projected or actual rental income ÷ monthly mortgage payment
- No personal income required when qualifying via STR cash flow
- Property management agreements or occupancy rates can support the analysis
- New STR purchases can qualify using market projections alone
What Short-Term Rental Markets Do We Finance In?
We originate STR loans across California, Florida, and Texas — covering the highest-demand vacation and urban rental markets in the country.
California STR Markets
- Palm Springs and the Coachella Valley
- Lake Tahoe and Mammoth Lakes
- Big Bear and Southern California mountains
- Santa Barbara wine country
- Joshua Tree and high desert
- Beach communities: Malibu, Manhattan Beach, Laguna, Coronado
Florida & Texas STR Markets
- Orlando Disney corridor and vacation zone
- Miami Beach, Fort Lauderdale, and South Florida
- Florida Keys and Gulf Coast (Naples, Destin, Clearwater)
- 30A and Emerald Coast, Florida
- Austin short-term rental districts
- Houston, Dallas, and San Antonio urban STR properties
Short-Term Rental Loan FAQ
Can I buy a new Airbnb property with no existing booking history?
Yes. We use AirDNA market projections to document projected rental income. You don’t need an existing STR to qualify — the market data is sufficient for most programs.
Does the property need to be in a market where STR is legal?
Yes. The property must be in a jurisdiction where short-term rentals are legally permitted. We’ll review local ordinances as part of the qualification process.
What down payment is required?
Typically 20–25% for investment-designated STR properties. Some second-home programs allow lower down payments if you intend to use the property personally part of the year.
Can I use this loan for a second home that I also rent out?
Yes, but the loan structure depends on the primary use. Properties used primarily as personal second homes follow different guidelines than investment STR properties. We’ll structure accordingly.
How does the lender verify AirDNA projections?
AirDNA is an industry-standard data provider used by investors, institutional funds, and lenders to value STR properties. Lenders treat the market-level projections as credible revenue documentation.
Can I refinance an existing STR property and pull cash out?
Yes. Cash-out refinances on STR properties are available. We document income using your booking history or AirDNA and underwrite based on STR DSCR.
Related Programs
Ready to Finance Your Next Airbnb?
Tell us the market, the property type, and your target purchase price. We’ll run the STR DSCR numbers and tell you exactly what you can qualify for.