Short-term rentals in Maui, HI: rules, lenders and rates
The local STR rule from County of Maui, HI's own page, the DSCR lenders that publish coverage in Hawaii, and what investors paid in Maui County in 2025.
- STR status
- Phase-out in apartment districts
- Lenders in HI
- 17
- Median note rate, 2025
- 7.375%
County of Maui, HI
13 list HI · 4 licensed
89 DSCR-style loans
Short-term rental rules Phase-out in apartment districts
County of Maui, HI. Ordinance 5909 (effective Dec 15, 2025) phases out transient vacation rentals in apartment districts: they must stop Jan 1, 2029 in West Maui and Jan 1, 2031 elsewhere. Short-term rental homes need a separate County permit.
Source: mauicounty.gov · checked Oct 19, 2026
This covers only County of Maui, HI, not every town in Maui County or the wider Maui area. Neighboring cities, the county, HOAs and condo associations can have their own rules. Check with the jurisdiction for the exact address before you go under contract.
What investors paid in Maui County, 2025
- Median note rate7.375%
- Middle 50% paid (25th–75th pct)6.875%–7.625%
- DSCR-style loans89
Public HMDA records for all of Maui County, including long-term rentals. Note rates at closing, not today's quotes.
DSCR math Example only
An illustrative loan, not a quote and not a typical price for Maui, HI: $400,000 at 75% LTV (an implied $533,333 price), 30-year amortization at the Maui County 2025 median of 7.375%.
- Monthly principal & interest$2,763
- Gross monthly rent for DSCR 1.00$2,763
- Gross monthly rent for DSCR 1.25$3,453
DSCR here is rent ÷ P&I only. Taxes, insurance and HOA dues are excluded; most lenders include them, which raises the rent you need. Many lenders also discount STR income.
DSCR lenders that lend in Hawaii
13 lenders list Hawaii in their published coverage; 4 more publish only their license list, which includes HI. Coverage is statewide; whether a lender will finance a short-term rental at a specific address is up to the lender. “Not published” means the lender doesn't publish that figure.
| Lender | HI coverage | STR income method | Min DSCR | Max LTV (purchase) |
|---|---|---|---|---|
| Acra Lending | Yes | 12-month history | Not published | 75% |
| America Mortgages | Yes | Either | Not published | 80% |
| CoreVest Finance | Yes | Not published | Not published | 70% |
| Defy Mortgage | Yes | Either | 0.75 | 85% |
| Dominion Financial | Yes | Not published | Not published | 80% |
| Easy Street Capital | Yes | Either | Not published | 80% |
| Griffin Funding | Yes | Either | Not published | 85% |
| Kiavi | Yes | Not published | 0.80 | 80% |
| LendingOne | Yes | Not published | 0.75 | 80% |
| Lima One Capital | Yes | Projection | 1.30 | 75% |
| New Silver | Yes | Either | 1.15 | 80% |
| Quickline Capital | Yes | Projection | 0.75 | 80% |
| Visio Lending | Yes | Either | Not published | 85% |
| Angel Oak Mortgage Solutions | Licensed there | Projection | Not published | 85% |
| LendSure Mortgage | Licensed there | Either | 0.75 | 85% |
| Newfi Wholesale | Licensed there | Either | 1.00 | 80% |
| theLender | Licensed there | Projection | Not published | 85% |
Figures come from each lender's own pages, with a source and check date on the lender's page. Compare more terms on the lender matcher.
More markets: all 24 STR markets · real rates by county · STR DSCR loans by state
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- Lender term changes flagged on the lenders' own pages
- A short, plain-English STR financing explainer
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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.