Foreign National Short-Term Rental Loans
Finance an eligible short-term rental property.
Foreign national DSCR financing may support qualifying Airbnb, VRBO, seasonal, nightly, weekly, or monthly rental strategies when the income analysis meets program requirements.
Short-term rental income
The review must account for seasonality and operating costs.
Qualifying gross rent is generally based on a 12-month view and reduced for extraordinary operating costs unless documented actual expenses require a higher factor.
Appraiser STR analysis
An eligible licensed-appraiser analysis can use comparable short-term rentals, occupancy, daily rates, location, and market appeal.
Operating history
A recent 12-month statement from an eligible rental or management service may support subject-property income, net of vendor fees.
Bank deposit history
Recent 12-month bank statements may be considered when supported by subject-property rental records.
Eligible market report
Certain purchase scenarios may use an approved market-data report when comparables, score, forecast period, and timing requirements are met.
DSCR treatment
A conservative income calculation protects the transaction.
Underwriting reviews seasonality, vacancy, operating expenses, management costs, furnishings, cleaning, advertising, and the reliability of the supporting income source before comparing qualifying income with PITIA or ITIA.
- Twelve-month averaging helps account for seasonality
- The lowest qualifying income source is used when multiple sources are provided
- Refinance terms depend on the property history, income documentation, value, existing liens, and complete underwriting review
- Condo-hotel projects can have additional restrictions
- Property location and local short-term-rental legality remain important
Foreign National Mortgage USA
Review a foreign national short-term-rental scenario.
Provide the property, purchase or refinance purpose, expected or historical gross rent, operating strategy, and available documentation.
Business-Purpose Investment Financing
This website presents financing intended for eligible non-owner-occupied U.S. investment properties and business purposes only. The subject property may not be occupied by the borrower or the borrower’s family when prohibited by the applicable program, and loan proceeds may not be used for personal, family, or household purposes. View the Business-Purpose Disclosure.
Program availability, occupancy requirements, loan terms, and eligibility are subject to underwriting guidelines, property review, state restrictions, and lender approval.
© 2026 Foreign National Mortgage USA. FFC Mortgage Corp. dba NonQM123, NMLS #3252. Equal Housing Lender. All loan programs, rates, terms, and eligibility requirements are subject to change without notice and are subject to credit review when applicable, property review, underwriting guidelines, and applicable state restrictions. Not all applicants or properties will qualify. This website does not constitute a commitment to lend.
Any rates, payments, loan amounts, LTVs, DSCR figures, or examples shown are for illustrative purposes only and are not guaranteed. Actual terms depend on the complete loan scenario and underwriting approval.