Unlock Explosive Growth: How Short-Term Rental Mortgages Are the Secret Weapon Top Investors Don’t Want You to Know About
What Makes an STR Mortgage Different?
When you apply for a traditional mortgage, you usually qualify based on your personal income, credit, and debt-to-income ratio. That’s fine for a primary home or even your first rental. However, STR investors often encounter issues when attempting to purchase more than one property or lack W-2 income.
An STR mortgage flips the script. These loans use the property’s income potential to qualify, not your day job. Lenders like Host Financial often don’t even ask for your tax returns or W-2s. Instead, they look at things like:
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