Dominion Lending CentresPart of the DLCG, Canada's #1 mortgage originator · $84.5B in 2025.
Residential · Investment Property

Rental & Airbnb mortgages.

From the first rental condo to a growing portfolio — with the rent counted properly and the next purchase already in the structure. BC and Alberta.

Investment property financing hides its outcomes in the fine print: two lenders quote the same rate, but one counts your rent through an offset and approves the file while the other's add-back method kills it; one reads twelve months of Airbnb deposits while another pretends short-term rental income doesn't exist; one finances your fourth property while another capped you at two. The portfolio investors who scale aren't finding better rates — they're being placed at the right desks, in the right order, with each purchase structured so the next one stays possible.

What we finance

Every stage of the portfolio.

First rental purchase

The single condo or house that starts the portfolio — financed with the rent counted properly.

Airbnb & short-term rentals

STR income read by the lenders who actually count it — and structured around the ones who don't.

Portfolio growth

Property two through ten — as the count grows, lender appetite changes and placement becomes the strategy.

Equity-funded down payments

The next purchase funded from equity in the home or rentals you already own.

Rental refinances & renewals

Repricing investment property debt, or restructuring it around the next acquisition.

Suited & multi-unit rentals

Duplexes, triplexes, and suited houses — the sweet spot between residential pricing and rental income.

Lender comparison

Three lanes for landlords.

Conventional rental financing (banks & monolines)
Best for: Standard long-term rentals with provable rent and a qualifying borrower
Leverage: Up to 80% LTV — pure investment properties sit outside insured programs, so plan on 20%+ down
Rate: Rental pricing — typically a modest premium over owner-occupied rates
Term: Standard terms; up to 30-year amortization on conventional files
Qualifying: Stress-tested, with rental income counted via offset or add-back — the method chosen changes the approval

The quiet variable is how each lender counts the rent: an offset at one lender approves the same file an add-back kills at another. We run your numbers through both methods before choosing the desk.

Alternative / B-Side (rent-reality lending)
Best for: Airbnb income, portfolio counts banks cap out on, or write-off-heavy landlords
Leverage: Typically up to 80% LTV
Rate: Roughly 1–3% above A-side, plus about a 1% lender fee
Term: Often 1–3 years, then graduate back to prime
Qualifying: Expanded ratios; commonly qualified at the contract rate — and more willing to read short-term rental income

Where STR files usually live: banks that won't touch Airbnb income at all give way to lenders who read the actual deposits — or underwrite the property on long-term market rent as the floor.

Private & equity-based
Best for: Fast closings, properties needing work before they rent, or equity-rich portfolio moves
Leverage: Up to ~75% LTV; seconds on rentals to ~65%
Rate: Firsts roughly 4.5%–10%; seconds ~8%–11%; interest-only
Term: 6–24 months, open after a short closed period
Qualifying: Equity- and exit-based

The acquisition tool: close fast, renovate, tenant the property — then refinance onto conventional rental terms once the income is real.

Rates, ratios, and rental-income policies are typical ranges for illustration — last reviewed July 2026 — and vary sharply by lender. Model the equity-funded down payment with the equity take-out calculator and payments with the mortgage payment calculator. For 5+ unit buildings, see multi-family mortgages.

Case Studies

Files like yours.

Case studies for this category are being added — check back soon. In the meantime, see how we structure real files on our case studies page.
Investment property FAQ

Common landlord questions.

How much down payment does a rental property need?+

Plan on at least 20% — pure investment properties sit outside the insured programs that allow small down payments on a home you live in, so financing tops out at 80% loan-to-value conventionally. The classic exception: buy a duplex or suited house, live in one unit, and owner-occupied rules apply to the whole purchase.

Does rental income help me qualify?+

Yes — but how much depends on the lender's method. Some offset a percentage of the rent against the property's payment; others add it to your income. The same rent, run through the two methods, can produce approvals tens of thousands of dollars apart, which is why we model your file both ways before placing it.

Do lenders count Airbnb income?+

Some genuinely do — usually wanting 12+ months of hosting statements — while many banks ignore short-term rental income entirely or substitute long-term market rent. That spread makes STR financing a placement game: the property that 'doesn't qualify' at the branch often qualifies fine at a desk that reads the actual deposits. Local STR licensing rules also matter; have yours in order.

Can I use my home's equity for the down payment?+

It's the standard playbook: a refinance to 80% of your home's value, or a HELOC to 65%, funds the rental's down payment — and structured properly, the borrowing tied to the investment keeps its interest cleanly trackable. Our equity take-out calculator models it; we structure it.

Why did my bank decline rental number four?+

Most banks quietly cap how many rental properties they'll finance per borrower — the file drowns in its own portfolio paperwork. Monolines, credit unions, and Alternative lenders each draw the line differently, so growing portfolios rotate lenders by design. That rotation is the strategy, not a workaround.

Fixed or variable on a rental?+

It's a cash-flow decision more than a rate call: the rent is fixed monthly, so payment stability has real value — but variable's prepayment flexibility suits properties you may sell or refinance inside the term. We run both against your hold plan rather than defaulting either way.

File preparation

Buying the next door? Have these ready.

Talk to a specialist

Building the portfolio? Place each door deliberately.

Tell us what you own, what you're buying, and how the rent flows — long-term or Airbnb — and we'll show you the lender order that keeps door five as fundable as door one.