Originally posted by @Richard Ladenberg:Thanks for the reply Will.

My understanding is that the buyer assuming the loan has to meet the same credit/underwriting criteria as the original borrower, but this is not my area of expertise - lenders are typically not involved in assumptions.

A lender will use market data, conservative comps, and always side on the fence of "what if" - as in, what if they have to default you and take over the property?

I believe it is gathering STR data which is only partially relevant.

Is anyone using Stessa and importing Airbnb transactions into Stessa? Works really well (I used the CSV option) - but the Stessa import tool does not bring in the GUEST SERVICE FEE from the Airbnb transaction. Any ide...

Like others noted, I would not send any sensitive data to this seller without first vetting the chain of ownership.  

We've had it happen before, nothing major, but just some extra money we weren't originally planning on spending to turn a unit. 

They offer data migration assistance for when you switch to their system, as well.

When I go to my credit union for a commercial loan there is no junk fees, no origination fee or maybe a half point origination and a better rate.

So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.Public RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.