DSCR loan reserve requirements for short-term rentals
How much cash you need left in the bank after closing, as 12 of the 25 direct lenders we track publish it. Each rule links to the lender page or program matrix it came from, with the date we checked it. Referral sources are not counted.
- Publish a reserve rule
- 12
- Not published
- 13
- Checked
- Oct 22, 2026
Published reserve rules, lender by lender
Our short summary of each rule; hover or open “source” for the lender's own wording. Some rules are for the lender's DSCR program in general, not short-term rentals only, and the summary says so where the lender does.
| Lender | Published reserves | STR income | Verified |
|---|---|---|---|
| 1st Nationwide MortgageMortgage company | 3-6 months PITIA (standard DSCR programs); 6-12 months often required on jumbo DSCRsource · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| A&D MortgageWholesale / correspondent | 3 months PITIA up to $1M; 6 months $1M-$2M; 12 months above $2M; cash-out proceeds can be used as reservessource · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| Defy MortgageDirect lender | 3 months PITIA up to $1M; 6 months above $1M, below 1.00 DSCR, interest-only or foreign nationalssource · Oct 22, 2026 | Eithersource · Oct 19, 2026 | |
| Easy Street CapitalDirect lender | 3-9 months PITIA in documented liquid reserves (EasyRent DSCR program)source · Oct 22, 2026 | Eithersource · Oct 19, 2026 | |
| Griffin FundingDirect lender (consumer-direct) | Varies by program: some require none on loans up to $2.5M at 80% LTV or less; others 6-18 months PITIA by LTV and loan amount, some adding months per other financed propertysource · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| KiaviDirect lender | None required (no cash reserve / minimum liquidity requirement on rental loans)source · Oct 22, 2026 | Not published | |
| LendmireMortgage brokerage | None under $1.5M at 70% LTV or less; up to 9 months otherwise (general DSCR standard across its primary wholesale partners, not STR-specific)source · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| Logan FinanceWholesale / correspondent | 3 months for $150,000-$500,000 loans; 6 months for $500,001-$1,500,000 (the STR max loan); cash-out proceeds can be used as reservessource · Oct 22, 2026 | 12-month historysource · Oct 19, 2026 | |
| New SilverDirect lender | 6 months PITIA/ITIA (STR program); +6 months if loan > $2Msource · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| Newfi WholesaleWholesale | 3 months PITI up to $1.5M; 6 months above $1.5M; 9 months above $2M; novice investors 6 months; STR under 60% occupancy needs 9 months; loan proceeds may countsource · Oct 22, 2026 | Eithersource · Oct 19, 2026 | |
| theLenderDirect and broker | theNONI/theNearNONI: loans up to $1M 0 months (purchase or rate/term), 3 months PITIA cash-out; over $1M 3 months PITIA (purchase or rate/term), 6 months cash-out; cash-out may satisfy reservessource · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| Visio LendingDirect lender | 6 months of mortgage payments; for purchases and no cash-out refis, cash to close is on top of reserves; cash-out proceeds can countsource · Oct 22, 2026 | Eithersource · Oct 22, 2026 |
Acra Lending, America Mortgages, Angel Oak Mortgage Solutions, Certain Lending, CoreVest Finance, Dominion Financial, LendingOne, LendSure Mortgage, Lima One Capital, NQM Funding, Quickline Capital, Truss Financial Group and Uncapco Financial don't publish a reserve requirement on the pages we track. Ask them directly. In the rules that are published, the months required depend on loan amount, LTV, DSCR or the number of other financed properties.
Frequently asked questions
Do DSCR loans require reserves?
Most lenders that publish a rule do. 12 of the 25 direct lenders we track publish a reserve requirement; the other 13 don't publish one, which doesn't mean they have none. Kiavi is the exception on our list: it says it has no minimum liquidity requirement on its rental loans. The others state reserves in months of the loan payment, usually depending on loan amount; a few require none on smaller or lower-LTV loans.
What does "months of PITIA" mean?
PITIA is the full monthly payment: principal, interest, property taxes, insurance and association (HOA) dues. "6 months of PITIA" means you must show liquid funds equal to six of those payments after closing.
Can cash-out proceeds count as reserves?
Some lenders say so in their published rules: A&D Mortgage, Logan Finance, Newfi Wholesale, theLender and Visio Lending say cash-out or loan proceeds can count toward reserves. The rest don't say either way. Check each lender's wording behind "source" in the table before you count on it.
Related
Lender lists
- No booking history needed17 lenders
- Min credit score 640 or lower8 lenders
- Max purchase LTV 85% or higher4 lenders
- DSCR below 1.0 or no-ratio15 lenders
- Min loan $100K or less15 lenders
- First-time investors allowed9 lenders
- Cash-out LTV 75% or higher12 lenders
- No prepayment penalty option5 lenders
- Max loan $3M or more14 lenders
- When a lender we track changes a published term (credit score, LTV, DSCR, STR income rules, states), we email you
- Old value, new value and a link to the lender's own page
- No set schedule: we email when there's a change to report. Every change is also on the change log
Free download: the STR DSCR lender cheat sheet (PDF), every direct lender on one printable page. Web version
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Not a lender or broker. No referral fees. For education only. Figures come from each lender's public pages on the date shown and can change without notice, so verify them with the lender. Rates are estimates, not quotes. How we source data.