# Short-Term Rental Loans: Finance Your Airbnb or VRBO Property on STR Income Canonical HTML: https://capitalpartnerloans.com/blog/short-term-rental-loan Source site: Capital Partner Loans Short-Term Rental Loans: Finance Your Airbnb or VRBO Property on STR Income Short-term rental loans qualify on Airbnb or AirDNA income, not long-term rent. 640+ credit, 80% LTV, 30-year fixed. Here is how STR financing works. What is a short-term rental loan and how does it differ from a standard mortgage? A short-term rental loan is a 30-year fixed-rate investment property mortgage that qualifies using actual Airbnb or VRBO income, or projected income from a service like AirDNA, rather than traditional long-term rent. A standard owner-occupied mortgage requires W-2s, tax returns, and personal income documentation. A short-term rental loan ignores your personal income entirely and underwrites the property on its own earning potential as a vacation rental. This makes it the right product for self-employed investors, business owners, and anyone scaling a short-term rental portfolio who cannot or does not want to document personal income. Can you get a short-term rental loan without any rental history on the property? Yes. When a property has no operating history as a short-term rental, most STR loan programs accept AirDNA market projections in place of actual income. AirDNA provides projected occupancy rates, average daily rates, and estimated gross annual revenue for any U.S. zip code. The lender runs the DSCR formula using the projected monthly income from AirDNA. If the property passes the DSCR threshold for that program, the loan can be approved even if the property has never been listed on Airbnb or VRBO. Does AirDNA income count for short-term rental loan qualification? Yes, most STR DSCR programs accept AirDNA projections as qualifying income. AirDNA is the industry-standard short-term rental data service and lenders treat it the same way conventional appraisers treat long-term market rent estimates. When a property has actual STR history of 12 months or more, most lenders prefer to use the trailing 12-month average income rather than projections, since it reflects real operating performance. For new purchases without operating history, AirDNA is typically the only available income source, and STR lenders accept it. ## What credit score do I need for a short-term rental loan? Capital Partner Loans STR loan program requires a minimum 640 credit score. Higher credit scores generally qualify for better rates and terms. Borrowers with scores above 700 typically see the lowest available rates in the STR loan program. Unlike some conventional investment property loans that require 720 or higher for the best pricing, STR DSCR programs are more flexible because the underwriting focus is on the property cash flow rather than the borrower's personal financial profile. How is a short-term rental loan different from a regular DSCR loan? A standard DSCR loan uses long-term monthly rent as the qualifying income, typically from an executed lease or an appraiser's market rent estimate for vacant properties. A short-term rental loan uses nightly or weekly STR income as the qualifying basis, which is almost always significantly higher on a monthly basis than long-term rent in vacation markets. The core structure is similar: both are 30-year fixed investment property loans with no personal income verification. The key difference is which income type the program accepts. STR loans are designed specifically for vacation rental economics, and they require AirDNA data or actual STR income documentation instead of a lease. Origination fees vary by lender; no personal income verification fee; AirDNA income accepted Real estate investors buying or refinancing Airbnb, VRBO, and vacation rental properties Short-term rental loans qualify on STR income (AirDNA or actual Airbnb revenue), not long-term rent. No W-2s, no tax returns, no personal income verification required. Minimum 640 credit score. Up to 80% LTV on purchase. 30-year fixed terms from 5.99%. AirDNA projections are accepted for properties with no STR operating history. No limit on the number of STR loans you can hold. Scale your vacation rental portfolio without conventional property count caps. Local STR regulations matter. Always verify municipal short-term rental rules before committing to a market. ## What Is a Short-Term Rental Loan ## How Lenders Use AirDNA Income for STR Properties STR Loan vs Long-Term DSCR vs Conventional: A Side-by-Side Look How to Get a Short-Term Rental Loan Through Capital Partner Loans Does NOT require: W-2s, personal tax returns, pay stubs, 1099s, employment verification, or any documentation of personal income. Does NOT require: A long-term lease or appraisal market rent schedule to qualify income. DOES require: The property to be non-owner-occupied and legally eligible for short-term rental in its jurisdiction. No. Full documentation required. ## 10 (Fannie Mae cap) Minimum 640 credit score. Higher scores qualify for lower rates. Borrowers above 700 typically see the best available pricing. Non-owner-occupied investment property. The property cannot be your primary residence or second home. AirDNA market projections for properties with no STR operating history. 12-month trailing income documentation for established STR operators. Minimum DSCR of approximately 0.75x for most programs, with compensating factors accepted for lower ratios on strong files. Property must be legally eligible for short-term rental in the municipality. Verify local STR licensing, permits, and any HOA restrictions before submitting. LLC and entity ownership supported. Single-member LLCs, multi-member LLCs, and corporate borrowers are eligible. Personal guarantees may apply depending on the lending partner. Loan amounts from $75,000 to $3,500,000. Minimum is the same across all CPL programs. Submit your deal at capitalpartnerloans.com/apply. Include the property address, purchase price or current value, whether it has STR operating history, the AirDNA or actual income figure if you have it, and your basic borrower profile. It takes under 5 minutes. Capital Partner Loans reviews the file within 2 business hours and packages the scenario for the right STR lending partner. We match based on property type, geography, income documentation type, and borrower credit profile. The lending partner issues a term sheet with your rate, LTV, and loan terms. You review and decide whether to proceed before any application fees are charged. Underwriting, appraisal, and closing are handled by the lending partner with Capital Partner Loans staying involved to keep the process on track. Close, take ownership, and begin generating short-term rental income. The loan is a 30-year fixed product with no personal income recertification required. s personal financial profile.", }, }, { "@type": "Question", name: "How is a short-term rental loan different from a regular DSCR loan?", acceptedAnswer: { "@type": "Answer", text: "A standard DSCR loan uses long-term monthly rent as the qualifying income, typically from an executed lease or an appraiser s personal financial profile.", }, { q: "How is a short-term rental loan different from a regular DSCR loan?", a: "A standard DSCR loan uses long-term monthly rent as the qualifying income, typically from an executed lease or an appraiser