Florida DSCR Loans

Qualify based on your property’s rental income — not your personal income, employment, or tax returns. The investor’s loan of choice for Florida rental properties.

0.75

Min DSCR

15%

Min Down

660

Min Credit

Written by Renzo Johnson, Licensed MLO · NMLS #PENDING · Last updated: February 2026

Key Features

  • Qualify on property rental income (DSCR = rent ÷ PITIA)
  • No personal income verification
  • No employment verification
  • No tax returns or bank statements needed
  • Loan amounts up to $5 million+
  • Available for 1-4 unit, condo, townhome
  • Short-term rental (Airbnb/VRBO) income accepted by some lenders
  • Interest-only options available
  • LLC/entity vesting allowed

Who Is This For?

  • Real estate investors buying rental properties
  • Investors with 10+ financed properties (conventional max is 10)
  • Self-employed investors who want to skip income documentation
  • Investors scaling a Florida rental portfolio
  • Short-term rental operators (Airbnb, VRBO)

Florida-Specific Considerations

  • Florida is the #1 state for DSCR loan volume
  • Strong rental markets: Miami, Orlando, Tampa, Jacksonville, Fort Lauderdale
  • Short-term rental demand in tourist areas (Orlando, Miami Beach, Keys)
  • Florida has no state income tax — rental income is only federally taxed
  • Flood insurance required in many FL coastal areas (factors into DSCR calculation)
  • HOA fees on FL condos affect DSCR — include in PITIA calculation

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