INVESTOR RESIDENTIAL DSCR LOANS FOR SHORT TERM RENTALS
We offer borrower-friendly investor residential DSCR loans for short term rentals, with programs designed to assist brokers in leveraging this highly lucrative financing niche.
At Stronghill Capital, we are a national leader in small-balance investor residential DSCR lending for short term rentals. We combine competitive rates and a hassle-free process, from application to close, to offer fundings in as little as 30 days. Regardless of whether the property is located in a ski town or at the beach, we have the lending solution.
This $1,104,000, 80% LTV, acquisition of single unit short term rental in Knoxville, TN allowed the borrower to add another asset to their growing portfolio of STR’s. This 2,981-square-foot residential property will provide our sponsor with positive cash-flow for years to come.
LOAN TYPE
PROPERTY TYPE
LOAN AMOUNT
LTV
DSCR
TERM
BROKER PAYOUT
Acquisition
Short Term Rental
$1,104,000
80%
1.12x
30-year Fixed, Fully Amortizing
$22,080
LOAN AMOUNT
TERMS
RATES
YSP
LOCATION
PROPERTY TYPES
LTV MAX.
DSCR MIN.
AMORTIZATION
PREPAYMENT
RECOURSE
CREDIT SCORE
DEPOSIT & FEES
$150,000 – $4,000,000
30 Years
Competitive Market Rates
Available
Nationwide, except SD
Short & Long Term Rentals
Up to 80% – Purchase & Rate-Term Refinance, Up to 75% – Cash-Out
1.00x
30 years; Interest Only options available
Required but negotiable
Full
Minimum 620
Required, but varies per transaction
LOAN AMOUNT
TERMS
RATES
YSP
LOCATION
PROPERTY TYPES
LTV MAX.
AMORTIZATION
PREPAYMENT
RECOURSE
CREDIT SCORE
DEPOSIT & FEES
DSCR MIN.
$150,000 – $4,000,000
30 Years
Competitive Market Rates
Available
Nationwide, except SD & ND
Mixed-Use >50% Residential (2-8 Units)
Up to 75% with as little as 25% down upfront
1.00x
30 years; Interest Only options available
Required but negotiable
Full
Minimum 620
Required, but varies per transaction
Our DSCR program for Short Term Rentals allows you to qualify and close more deals. We take a streamlined approach to underwriting property related cash-flows and you’ll never have to worry about borrower income verification or minimum experience requirements.
PITI Expense Only
even on the commercial units!
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Stronghill.com is a website operated by Stronghill Capital, LLC and its subsidiary, Stronghill Funding Inc. By accessing this site and any pages thereof, you agree to be bound by our terms of use and privacy policy. The use of this website does not constitute an application for a mortgage loan or an offer by Stronghill Capital, LLC or Stronghill Funding, Inc. to lend.
Stronghill Capital, LLC and Stronghill Funding Inc. are separate, but affiliated entities. Stronghill Capital, LLC is licensed in AZ (License #: 1041285), CO (mortgage company registration), FL (License # MLD2333 ), ID (MBL-2082321153), MN (MN-MO-2321153 ), ND (MB104136), SC (MLS – 2321153), SD (License/Registration #: 2321153.ML), and TX (mortgage company license and residential mortgage loan servicer registration). Please visit www.nmlsconsumeraccess.org for more licensing information on Stronghill Capital, LLC. Stronghill Funding Inc. is licensed by the California Department of Real Estate (license no. 02091978) and originates and arranges certain business purpose mortgage loans in the State of California. Stronghill Funding Inc. maintains a registered tradename, “Stronghill Capital”. Stronghill Capital, LLC is not licensed in and does not operate in California. Stronghill Funding Inc. may operate in California as “Stronghill Capital”.
All mortgage loan products referenced herein are offered to qualified residential lending institutions only and are not applicable to the general public and/or individual.
This is not an offer to lend. All offers of credit are subject to due diligence, underwriting and approval. Not all applicants will qualify and not all applicants that qualify will receive the lowest rate or best terms. Actual rates and terms depend on a variety of factors and are subject to change without notice.