Mountain Mortgage
London Lending LLC
DSCR Instant Quote →

Free · No documents · No credit pull

Pencil the deal before you write the offer.

Free lender's-eye DSCR test for Pocono short-term rentals. Three inputs. No rate quote, no documents.

Pocono STR Pencil Test — Mountain Mortgage

Estimate only. Not a quote and not a commitment to lend.

Whatever number the listing agent, the seller, or AirDNA handed you. We'll haircut it the way a lender does.
Adjust assumptions
7.500%
Set your own assumed rate. This is not a quote — DSCR rates depend on credit, LTV, structure, and prepay choice. Get a real quote below.
30-year fixed only in this version.
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The Instant Quote prices a real DSCR scenario off live lender sheets. It still isn't a commitment to lend.

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What this does not do

  • It does not quote you a rate. The rate slider is your assumption, not our pricing. Real DSCR rates move with credit score, loan-to-value, loan structure, and which prepayment penalty you accept.
  • It does not check whether you can actually get the loan. Credit, reserves, entity structure, experience, and the property's condition all sit outside this page.
  • It does not verify the revenue number. We haircut whatever you type by 20%, which is roughly how a lender treats a projection. A lender will want a signed lease, a rental history, or a third-party market study.
  • It does not confirm the property may be short-term rented. Township ordinances change, and the community's own POA/HOA charter can prohibit what the township permits. Call the township and read the charter before you offer.
  • It does not account for closing costs, reserves, or renovation. This is a carry test, not a cash-to-close estimate.

Straight answers

What income does a DSCR lender actually count?

Not what you tell them you'll gross. On a short-term rental most lenders start from a documented revenue figure and then haircut it — commonly around 20% — to cover vacancy, cleaning, platform fees, and management. This page applies that 20% haircut and then trims further if the township's occupancy limit is lower than the number of guests your bedroom count implies. On a long-term rental it's simpler: the lender generally counts the lease rent or the appraiser's market rent, whichever is lower, with no haircut.

Why does the township matter to a loan?

Because it decides how many people can legally sleep there, and heads-in-beds is what drives short-term rental revenue. A four-bedroom that would normally sleep ten is a different asset in a township that caps occupancy at six. And some Pocono townships have stopped issuing new short-term rental licenses altogether, or only permit them in resort zoning — in which case the revenue projection attached to the listing may not be available to you as the next owner at all.

How much do I have to put down on a short-term rental?

Most DSCR programs cap loan-to-value at 75% on a short-term rental, so plan on 25% down. Long-term rentals often go to 80%, or 20% down. Those are program maximums, not promises — your credit score, the loan size, and the property type can all pull the maximum down further.

Is this a quote?

No. Nothing on this page is a rate quote, a loan approval, or a commitment to lend. It's a carry test: it takes the income a lender would likely count, divides it by the payment, and tells you whether the ratio clears the thresholds lenders commonly use. To get real pricing, run the DSCR Instant Quote or send the listing over and we'll pencil it together.