Mid-term rentals (MTRs) are properties leased on 30-day-plus stays — typically 1 to 6 months — to traveling nurses, insurance-displaced families, corporate relocations, and remote workers. MTRs sit between long-term rental cash flow and short-term rental yields, often generating 20-40% more revenue than a standard 12-month lease with far less turnover than nightly rentals.
MTRs qualify for DSCR loans on either the market long-term rent (safe underwriting) or documented MTR income (12 months of Furnished Finder, corporate housing, or insurance placement statements). Some lenders will use an AirDNA MTR report or a hybrid of long-term and MTR income. Because MTRs are considered residential rentals in most jurisdictions, they avoid the STR licensing hurdles that block Airbnbs in restrictive cities.
Standard terms match other DSCR products: 20-25% down, 660+ FICO, 30-year fixed or ARM, LLC vesting. Get an MTR rate quote or explore our short-term rental page for a related option.