They tightened up after the financial crisis and have been loosening up since then.

In the early aughts, the government forced lenders into loosening their standards which led to the housing crisis. 

We have recently loosened our cancellation policies on most properties to remain competitive. 

I've loosened my cancellation policies, my rates are consistent across channels, I have all 5 star reviews and for now, I'm still a Premier host.  

You may also have to loosen the rental policy to get it rented and to start getting some cash flow.

They did add some rules (things like square footage bonuses, etc)  for preserving the existing house when adding additional units, and they loosened or removed parking requirements.   

You want something warm, quiet and near water, but you want it to pay for itself as a rental when you are not there.If the above paragraph is what you want, i would say i think you need to loosen your expectations slightly. 1.

Denver just loosened most of their restrictions around ADU's also but they still have to have a foundation.  

I think this trend could have legs because:Remote Work: The ability to work remotely is loosening the tethers to traditional job centers.

Hopefully as the rates and the housing market loosens so will some of these guidelines in the HML programs. from talking to hard money funds especially those who operate in more than 10 states, and 5 years of experience with underwriting teams, I'd actually disagree and say new construction is preferred to rehab due to experience level to enter the market. there's BP lenders that will do 15% LTC with 1-2 new build experience.