# How do lenders qualify income for a vacation home?

> Lenders must include the property's PIT (Principal, Interest, Taxes) in the borrower's TDS ratio.

Category: Purchasing
Last verified: 2026-02-18
Source: https://ratellow.com/faqs/purchasing/how-do-lenders-qualify-income-for-a-vacation-home

## Answer
### Data Summary

- TDS Rule: Max 44% including BOTH primary and secondary mortgages.
- Rental Potential: AIRBNB income is usually discounted to 0% for secondary home qualification unless it becomes a pure rental (investment) file.

## Related guide
- https://ratellow.com/guides/vacation-secondary-property-rules

## Sources
- CMHC-SCHL — https://www.cmhc-schl.gc.ca/professionals/project-funding-and-mortgage-financing/mortgage-loan-insurance/mortgage-loan-insurance-homeownership-programs/home-start