Defy Mortgage: DSCR loans for short-term rentals
What Defy Mortgage publishes about financing Airbnb and vacation rentals. Checked 2026-10-18. Lender website ↗
Published STR loan terms
- How STR income is counted
- Either: Accepts booking history or a projection, depending on the deal.
- Details
- STR income can be documented with historical Airbnb data, a rental market analysis, or an AirDNA report for new acquisitions.
- Minimum credit score
- 640
- Minimum DSCR
- 0.75
- DSCR below 1.0 allowed
- Yes
- No-ratio option
- Not published
- Max LTV (purchase)
- Not published
- Max LTV (cash-out refi)
- Not published
- Minimum loan
- $75K
- Maximum loan
- Not published
- Prepayment options
- Not published
- States served
- All except AK, AZ, ID, MI, MN, NV, ND, OR, SD, UT, VT
- First-time investors
- Yes
- Channel
- Direct lender
Notes: Does not lend DSCR in OR, ID, NV, UT, AZ, ND, SD, MN, MI, VT, AK (39 states + DC). Rate matrix starts at 640 FICO. Site says 'First deal or fiftieth.'
Sources
- https://defymortgage.com/non-qm-loans/dscr-loans/ (checked 2026-10-18)
- https://defymortgage.com/dscr-loan-rates/ (checked 2026-10-18)
- https://defymortgage.com/ (checked 2026-10-18)
"Not published" means we did not find the figure on the pages above. It does not mean the lender lacks a policy. Ask the lender.
Does it serve your state?
- Florida: Yes
- Texas: Yes
- Georgia: Yes
- Tennessee: Yes
- North Carolina: Yes
- Arizona: No
- California: Yes
Check a deal against Defy Mortgage
Run your numbers in the DSCR calculator. It shows which lenders' published minimums your deal clears.
Similar lenders (Either)
Not lending advice. Not a broker. STR Lender Watch is an independent research site. We do not make loans, arrange loans, take applications, or recommend any lender. Figures are summarized from each lender's own public pages on the date shown and can change without notice. Rate figures are estimates, not quotes. Talk to a licensed loan officer and your own advisors before making decisions.