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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