Best 10 Airbnb & Short-Term Rental (STR) DSCR Lenders Accepting AirDNA & T-12 Ledgers
Standard DSCR underwriters force appraisers to use long-term lease comps on Form 1007, which understates Vacation Rental cash flow by 35%–55%. The 10 lenders ranked below accept AirDNA Rentalizer projections (at 60%+ occupancy / 50th–75th percentile), short-term rental appraisal addenda, or 12-month Airbnb/VRBO payout histories.
Methodology & Redaction Notice: Filtered from 2,404 lenders for explicit Short-Term Rental (STR) income acceptance (AirDNA, BNB Calc, or 12-month platform payout statements). Wholesale conduit names are anonymized on direct origination portals; submit your scenario below to lock the #1 matching shelf.
| Rank | Wholesale Capital Shelf | Max Purchase LTV | Max Cash-Out LTV | Min DSCR | STR / AirDNA | Active States | Action |
|---|---|---|---|---|---|---|---|
| #1 | Institutional Capital Shelf #1 (Non-QM Conduit) Non-QM & DSCR Wholesale / Investor Lender · Chandler, AZ | 80% | 75% | No-Ratio (0.00x / <1.00x) | Allowed (AirDNA / T-12) | 45 States | Match Shelf → |
| #2 | Institutional Capital Shelf #2 (RTL Conduit) RTL / Bridge, Construction & DSCR Private Lender · Emeryville, CA | 80% | 80% | 0.75x | Allowed (AirDNA / T-12) | 51 States | Match Shelf → |
| #3 | Institutional Capital Shelf #3 (Non-QM Conduit) Non-QM & DSCR Wholesale / Investor Lender · National Desk | 85% | 75% | 1.0x | Allowed (AirDNA / T-12) | 51 States | Match Shelf → |
| #4 | Institutional Capital Shelf #4 (Non-QM Conduit) Non-QM & DSCR Wholesale / Investor Lender · Frisco, TX | 80% | 75% | No-Ratio (0.00x / <1.00x) | Allowed (AirDNA / T-12) | 45 States | Match Shelf → |
| #5 | Institutional Capital Shelf #5 (Non-QM Conduit) Non-QM & DSCR Wholesale / Investor Lender · Gilbert, AZ | 80% | 75% | No-Ratio (0.00x / <1.00x) | Allowed (AirDNA / T-12) | 36 States | Match Shelf → |
| #6 | Institutional Capital Shelf #6 (Non-QM Conduit) Non-QM & DSCR Wholesale / Investor Lender · Irvine, CA | 80% | 75% | 0.75x | Allowed (AirDNA / T-12) | 13 States | Match Shelf → |
| #7 | Institutional Capital Shelf #7 (Commercial Conduit) Commercial CRE & Bridge Lender · Atlanta, GA | 80% | 75% | 0.75x | Allowed (AirDNA / T-12) | 11 States | Match Shelf → |
| #8 | Institutional Capital Shelf #8 (Non-QM Conduit) Non-QM & DSCR Wholesale / Investor Lender · Chicago, IL | 80% | 75% | 0.75x | Allowed (AirDNA / T-12) | 51 States | Match Shelf → |
| #9 | Institutional Capital Shelf #9 (Non-QM Conduit) Non-QM & DSCR Wholesale / Investor Lender · Chicago, IL | 80% | 75% | 0.75x | Allowed (AirDNA / T-12) | 51 States | Match Shelf → |
| #10 | Institutional Capital Shelf #10 (Non-QM Conduit) Non-QM & DSCR Wholesale / Investor Lender · Lake Forest, CA | 85% | 75% | 0.75x | Allowed (AirDNA / T-12) | 51 States | Match Shelf → |
Have a Competing Term Sheet? Kick It Against All 2,404 Lenders
Our underwriting desk compares your property scenario across 2,404 wholesale, Non-QM, and private lenders to beat your rate, LTV, or prepayment penalty structure.