With commercial notes they don't show up on credit reports, you get higher leverage, less qualifications, and faster close times.

If it's a larger organization, feel free to inquire about their staff qualifications.2.

When listing my screening qualifications, I have change much of the terminology from "required" to "preferred".

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You can't even tell what industry they are truly devoted to.Not to mention, their qualifications are laughable.

Was the conversation with your loan officer in regards to using STR income for qualification purposes?  

Line of Credit Qualifications - rates start at 7.99%To qualify for our line credit product = 7x your liquid assets (cash, stocks, 401k, accounts receivables, inventory, etc.):- 640 minimum credit score- At least 2 real estate investment transactions completed in the last 36 months (rentals, flips, construction)- Line of credit must be issued under a business entity (LLC, trust, corp, etc.)- Cannot be delinquent on any current mortgage obligations- Cannot be recently emerging from or entering bankruptcy- Must be a U.S.

Pros/cons.Line of Credit Qualifications - rates start at 7.99%To qualify for our line credit product = 7x your liquid assets (cash, stocks, 401k, accounts receivables, inventory, etc.):- 640 minimum credit score- At least 2 real estate investment transactions completed in the last 36 months (rentals, flips, construction)- Line of credit must be issued under a business entity (LLC, trust, corp, etc.)- Cannot be delinquent on any current mortgage obligations- Cannot be recently emerging from or entering bankruptcy- Must be a U.S.

They will probably be able to tell you quickly based on your overall qualifications. 

Instead, they base their qualifications on the following: a larger down payment, cash flow of the property and your credit score.