Short-term rental properties are on the rise, and many of your clients are seeking ways to finance them, but may not qualify through traditional financing. Whether they’re purchasing a vacation rental, refinancing an existing property, or looking to pull cash out, Dominion Financial Wholesale offers a specialized DSCR loan program built for short-term rentals (STRs).
Designed specifically for clients who generate income from nightly or seasonal rentals, our DSCR STR Loan uses property cash flow to determine eligibility – no personal income documentation required. It’s a practical, flexible solution for financing STRs with speed and simplicity.
Built for Short-Term Rental Scenarios
Conventional lenders often struggle to underwrite STR income, but our DSCR program is tailored for it. We qualify based on property performance, not personal debt-to-income ratios. That means if the property cash flows, your client has a path forward without the burden of tax returns or paystubs.
This program is ideal for clients with limited verifiable income, multiple financed properties, or non-traditional income streams. It’s also a strong option for those using gift funds to complete the transaction.
Program Features Brokers Can Rely On
Our DSCR STR program gives you a competitive edge when working with clients looking to finance short-term rental properties:
– Up to $3,000,000 loan amounts
– Up to 80% LTV for purchase, rate and term refinance
– Up to 75% LTV for cash-out refinance
– Available for investment properties only
– No limit on the number of financed properties
– Gift funds permitted to assist with closing
– DSCR Price Beat Guarantee (must meet Premier Plus or Premier Elite guidelines)
No personal income documentation is required – just a focus on the property’s rental income potential.
Let’s Work Through Your Next Scenario
Dominion Financial Wholesale is here to help brokers close more loans by offering purpose-built, alternative documentation programs that match real-world borrower needs. Our DSCR STR loan is one of the most competitive in the space and is backed by a price beat guarantee, ensuring your clients get the best deal.
Get approved with Dominion Financial Wholesale or log in to the Broker Portal to get started today!
