Hallo…
I’m looking for some guidance. Are there any lenders out there that will use AirDNA for short-term Debt Service Coverage Ratio (DSCR) loans and can close in just 2 weeks?
I’m working on a purchase and time is of the essence. Any recommendations or insights would be super helpful.
Best wishes…
Processing delays may occur for lenders with large loan volumes, particularly during busy times of the year.Turnaround times can be affected by the quantity and complexity of documents required, which can vary greatly.
Lender confidence and loan terms can be influenced by the performance of the local short-term rental market, as indicated by AirDNA data. The loan-to-value ratio and underwriting standards may be impacted by the assessed valuation and overall state of the property.
The lender’s risk assessment may be influenced by the borrower’s financial profile.
Experience: 
Borrowers with a track record of successful short-term rentals may be given consideration by lenders.
The complexity of the property and the availability of appraisers might affect how quickly an appraisal is completed. The procedure may be prolonged if a lender requests particular appraisal forms or extra information.
two-week closure is not unattainable, 
even though it may seem ambitious. Through comprehension of the pertinent criteria and close collaboration with an experienced lender, borrowers can enhance the likelihood of a seamless and punctual transaction.