{"ok":true,"host":"investmentpropertyloan.loan","vertical":"mortgage","protectedOriginationHost":false,"nonMortgageVertical":false,"operator":"Loan Daddy LLC (NMLS #2827624 · AZ CMB #CMB-2016143 · CA CFL #60DBO-218873)","dataset":{"id":"str-airdna-vs-form-1007-haircut-matrix","title":"2026 Short-Term Rental (AirDNA vs. Form 1007 vs. T-12) Underwriting Haircut Dataset","shortTitle":"STR AirDNA vs. Form 1007 Haircuts","category":"STR / Airbnb Underwriting Rules","updatedAt":"2026-11-08","recordCount":6,"description":"Side-by-side comparison of how wholesale DSCR shelves underwrite Short-Term Rental (Airbnb/VRBO) income across Form 1007 Long-Term Market Rent, AirDNA Rentalizer projections, and 12-month platform payout ledgers.","directAnswerTakeaway":"Wholesale DSCR lenders qualify Short-Term Rentals using three primary income methods: (1) Form 1007 Long-Term Rent Schedule with a 0% expense haircut (100% of market rent ÷ PITIA), (2) Actual 12-month Airbnb/VRBO T-12 payout history with a 0%–20% platform fee haircut, or (3) AirDNA Rentalizer projections with a 10%–20% operating expense haircut and a 60%–70% minimum market score.","citationSource":"Loan Daddy LLC Wholesale Desk · STR Underwriting Desk (NMLS #2827624)","columns":[{"key":"incomeMethod","label":"Income Qualification Method"},{"key":"lenderExpenseHaircut","label":"Standard Lender Haircut"},{"key":"usableIncomePct","label":"Usable Gross Income %"},{"key":"maxPurchaseLtv","label":"Max Purchase LTV"},{"key":"maxCashOutLtv","label":"Max Cash-Out LTV"},{"key":"minimumReserves","label":"Minimum PITIA Reserves"}],"rows":[{"incomeMethod":"Form 1007 Long-Term Market Rent Schedule (Fallback)","lenderExpenseHaircut":"0% Haircut","usableIncomePct":"100% of Appraiser Form 1007 Rent","maxPurchaseLtv":"Up to 80% LTV","maxCashOutLtv":"Up to 75% LTV","minimumReserves":"3–6 Months PITIA"},{"incomeMethod":"12-Month Actual Airbnb / VRBO / Guesty T-12 Payout Ledger","lenderExpenseHaircut":"0% to 15% Haircut","usableIncomePct":"85%–100% of Verified 12-Mo Gross Payouts","maxPurchaseLtv":"Up to 80% LTV","maxCashOutLtv":"Up to 75% LTV","minimumReserves":"6 Months PITIA"},{"incomeMethod":"AirDNA Rentalizer Projection (Tier-1 Shelf · 10% Haircut)","lenderExpenseHaircut":"10% Expense Haircut","usableIncomePct":"90% of AirDNA Annualized Gross Revenue","maxPurchaseLtv":"Up to 75%–80% LTV","maxCashOutLtv":"Up to 70%–75% LTV","minimumReserves":"6 Months PITIA"},{"incomeMethod":"AirDNA Rentalizer Projection (Standard Shelf · 20% Haircut)","lenderExpenseHaircut":"20% Expense Haircut","usableIncomePct":"80% of AirDNA Annualized Gross Revenue","maxPurchaseLtv":"Up to 75% LTV","maxCashOutLtv":"Up to 70% LTV","minimumReserves":"6–9 Months PITIA"},{"incomeMethod":"Short-Term Rental Appraiser 1007 STR Addendum","lenderExpenseHaircut":"15%–20% Expense Haircut","usableIncomePct":"80%–85% of Appraiser STR Comps","maxPurchaseLtv":"Up to 75% LTV","maxCashOutLtv":"Up to 70% LTV","minimumReserves":"6 Months PITIA"},{"incomeMethod":"No-Ratio / Sub-1.00x DSCR STR Acquisition (Zero Rent Test)","lenderExpenseHaircut":"N/A (No-Ratio Shelf)","usableIncomePct":"Qualifies on Equity + Reserves Only","maxPurchaseLtv":"Up to 70%–75% LTV","maxCashOutLtv":"Up to 65%–70% LTV","minimumReserves":"9–12 Months PITIA"}]}}