Airbnb & VRBO Loans Texas
Finance short-term rental investment properties without W-2s or tax returns. DSCR and hard money programs based on your rental income — not your job. All credit welcome.
Short-Term Rental Financing — Built for Airbnb Investors
Airbnb and VRBO investors face a unique problem: strong rental income that doesn’t show up on a tax return. You may earn $80,000 a year from short-term rentals, but after write-offs and depreciation, your taxable income looks like $12,000. Banks see the $12,000 and deny you.
We see the rental income. Our DSCR and stated income programs qualify you based on what the property actually generates — or what you state as your income — without digging through years of tax returns.
Loan Programs for Short-Term Rental Investors
Short-Term Rental DSCR
Qualify based on 12 months of Airbnb/VRBO payout history. No W-2, no tax returns. We calculate DSCR from actual rental deposits. Min 1.0x DSCR. Ideal for established STR properties with rental history.
Stated Income STR Loan
New property or no rental history yet? State your income — we approve on property value and your equity or down payment. No income verification. Great for first STR purchases or properties being converted.
Hard Money Bridge
Buy fast, renovate, then refinance. Close in 7–14 days — ideal for auctions and competitive markets. No income docs, no credit minimums. Bridge to a permanent DSCR loan once the property is performing.
Loan Terms
| Feature | Details |
|---|---|
| Loan Amounts | $75,000 – $2,000,000 |
| LTV | Up to 80% purchase, 75% cash-out |
| Terms | 30-year fixed DSCR | Bridge: 12–24 months |
| Credit | All credit considered — no minimum on hard money |
| Income Verification | Not required — STR payout history or stated income accepted |
| Property Types | SFR, condo, townhome, cabin, lake house, beach house, vacation home |
| Occupancy | Non-owner occupied investment only (not primary residence) |
| Close Time | 7–14 days (hard money) | 21–30 days (DSCR) |
Texas Short-Term Rental Markets We Finance
- Austin — downtown condos, Rainey Street, East Austin, South Congress corridor
- San Antonio — River Walk, King William, near Alamo and Riverwalk attractions
- Houston — Medical Center, Montrose, Midtown, Galveston Island nearby
- Hill Country — Fredericksburg, Wimberley, Dripping Springs, Marble Falls
- Lake Travis / Lake LBJ — waterfront cabins, lake houses with strong summer demand
- South Padre Island — beach rentals with seasonal income patterns
- Dallas / Fort Worth — urban condos, near AT&T Stadium and event venues
- Big Bend / Alpine / Marfa — arts tourism, glamping, and remote retreat properties
Who Qualifies
- Self-employed investors with large write-offs that kill their taxable income
- First-time STR investors buying their first Airbnb property
- Investors converting a long-term rental to short-term
- Investors with bad credit, prior foreclosure, or bankruptcy
- LLC borrowers and investors who hold properties in entities
- Out-of-state investors buying Texas STR properties
- Investors with 5, 10, or 20+ properties who banks no longer want to work with
Using Airbnb Income to Qualify
For our DSCR program, we use your Airbnb or VRBO payout statements — not tax returns. The debt service coverage ratio (DSCR) is calculated as:
DSCR = Monthly Gross Rental Income ÷ Monthly PITI Payment
We need a minimum 1.0x DSCR (the property pays for itself). Most active Airbnb properties in Texas markets exceed this easily — a cabin in Fredericksburg renting at $300/night with 70% occupancy grosses $6,300/month. A PITI on a $350,000 30-year loan is around $2,400–2,800/month. That’s a 2.2–2.6x DSCR — easy approval.
Frequently Asked Questions
Can I get an Airbnb loan in Texas without tax returns?
Yes — our DSCR and stated income programs don’t require tax returns. For DSCR, we use 12 months of Airbnb payout history from your account. For stated income, you simply declare your income and we verify the property value. Neither program touches your tax returns.
Can I use projected Airbnb income to qualify (new property)?
On the stated income program, yes. You state what you expect to earn and we approve on property value and equity. For DSCR, we need a 12-month history — if you don’t have one yet, use the stated income or hard money program to close, then refinance to DSCR once the property is established.
Do you finance Airbnb properties with HOA restrictions?
We check for short-term rental restrictions before funding. If the HOA or municipality prohibits STRs, we can’t use STR income to qualify — but we could still fund it as a vacation home or second home at long-term rental rates. Call us with the address and we’ll review the restrictions on the first call.
How many Airbnb properties can I finance?
No hard cap. Banks typically limit investors to 10 financed properties. Our programs have no such limit — we’ve funded investors with 30+ properties. Each loan is evaluated on that property’s own DSCR or equity, not on your total portfolio count.
Can I do a cash-out refinance on my Airbnb property?
Yes. If you’ve owned it a while and it’s appreciated, a cash-out refi pulls equity out to buy your next STR property. We go up to 75% LTV on cash-out with no tax returns on DSCR and stated income programs. Use our free quote form for a same-day estimate.
Finance Your Airbnb or VRBO Investment — Fast
No tax returns. No W-2 required. All credit welcome. DSCR, stated income, and hard money programs available.
Get a Free Quote
Call 877-895-3634
Home Equity Lending Inc. | Texas Direct Lender