30-Year Fixed Rate Loans for Short-Term Rentals
STR loans are designed for real estate investors who want to secure financing for short-term rentals. These loans are approved based on AirDNA rental income projections rather than personal income.
- Competitive interest rates
- Flexible approval requirements
- Quick pre-approvals without impacting your credit
Get up to 80% LTV using projected rental income.
Short Term Rental Loan Requirements
To qualify for financing a short-term property, investors must meet the following criteria:
Property Types
1-4 unit residential properties, including single-family homes, townhomes, condos, duplexes, triplexes, and quadplexes.
Required Documentation
A legally registered business is required to get funding.
- Driver’s License or State ID
- LLC Articles of Organization
- LLC Operating Agreement
- EIN Letter (IRS-issued tax ID)
Minimum Credit Score
680+
Minimum Loan Amount
$100,000+
Short-Term Rental Experience
No experience is required to secure financing, however experienced investors are granted more flexibility for projected rental income.
Seasoned Investors
Investors with at least 12 months of short-term rental experience in the area, can qualify using up to 100% of AirDNA rental income projections.
New Investors
First-time investors with no experience can qualify using up to 75% of AirDNA rental income projections, provided they own a primary residence.
Minimum DSCR
1.1x is the minimum DSCR requirement. To calculate DSCR, divide rental income by the sum of property taxes, insurance, principal, interest payments and any HOA fees.
Pre-approval in just 24 hours without impacting your credit!
Get Pre-Approval Today
- See how much you qualify for
- Secure up to 80% financing
- No application fee
Capital Ton helps investors secure financing for short-term rentals. Let us help you build your portfolio with flexible loan options.
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