If they are able to remove the term it will be dependent on the loan underwriting requirements, not because they want to keep you as a banking customer.

However, the rising popularity of mid-term rentals, lasting 3-12 months, is also noteworthy.

With its growing popularity, the area is undergoing a revitalization, and lots within walking distance of downtown are still affordable—though that won’t last long.

Hi - you sound like a perfect candidate for the "DSCR Loan" option - its the loan type thats popular wwith investors and one of the big reasons why is the exact situation you are describing - running into DTI troubles. 

Yes, custom for OJ.

That's great that the bank who currently holds the note wants you on 20 year or 15 year amortization, they view you as a captive customer, they don't have to earn your business any more, as far as they are concerned. 

We have a lot of customers at the moment who are strongly considering lifting their homes.

The Midwest seem to be a popular choice in the chat along some areas of Texas are also good to consider for example, Austin or Dallas-Fort Worth.

Is it a popular area for STRs?

Hi Saju,Well it is an exciting market with lots of future developments happening, all aligned with the popular Dubai 2040 vision.As for how the market is for US investors, there is no local tax on capital gains, or tax on rental income.