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Florida Investment Property Financing

Florida DSCR Loans, Explained by the Broker Who Closes Them.

Qualify on the property's rent — not your tax returns. 100 straight-answer guides on rates, requirements, and every major Florida market, from a brokerage with 38+ years and 7,000+ closings.

Check My DSCR Eligibility Read the Complete Guide
1,500+ Five-Star Reviews NMLS #13817 · #2638131 Closings in as Few as 14 Days

Start with your goal

Buy a rental Finance an investment property Qualify on the rent — no tax returns, 15–25% down, close in your LLC. Refinance or cash out Pull equity from a property you own Up to 75% LTV on rentals you already hold — rate-and-term or cash-out. Short-term rental Finance an Airbnb or vacation rental Qualify on STR income — the rules, the markets, and the lenders that allow it.

38+ yrs

Closing Florida loans since 1987

7,000+

Closings across every market cycle

1,500+

Five-star client reviews

14 days

Fastest closings — most fund in 20–30

Quick Answer

A DSCR loan is an investment property mortgage that qualifies you on the property's rental income instead of your personal income. If the rent covers the monthly payment (a ratio of 1.0+), you can qualify in Florida with no tax returns, no W-2s, and no employment verification — with 15–25% down and a 620+ credit score.

The Formula

DSCR = Monthly Rent ÷ Monthly Payment
(Principal + Interest + Taxes + Insurance + HOA)

Free Tool

Florida DSCR Calculator

Run your deal in ten seconds. This is the exact ratio a DSCR underwriter will calculate — including Florida's insurance and tax reality.

Your DSCR Ratio

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Enter your numbers to see the coverage ratio lenders will use.

Get a Real Quote on This Deal

Educational estimate only — not a loan offer or commitment to lend. Taxes and insurance are pre-estimated at 1.5% and 0.6% of purchase price per year; replace them with your real figures. Lenders calculate DSCR from the appraiser's 1007 rent schedule or your executed lease. See the full calculation guide →

Updated Monthly

Florida DSCR Rate Snapshot

Illustrative ranges we're seeing across our wholesale lender panel. Your rate depends on credit, down payment, DSCR ratio, property type, and prepay structure.

ScenarioCreditDown PaymentDSCRTypical Rate Range
Top-tier long-term rental760+25%1.25+6.125% – 6.625%
Standard long-term rental72020%1.0–1.246.625% – 7.125%
Short-term rental (Airbnb)70020–25%1.0+6.875% – 7.375%
Minimum credit / low ratio620–66025%+<1.07.375% – 8.125%

Ranges are illustrative and change with the market. See what actually moves your DSCR rate → or call (800) 355-ALEX for today's pricing on your scenario.

At a Glance

Florida DSCR Requirements

620+

Minimum credit score — best pricing at 740+

15–25%

Down payment, by credit tier and property type

1.0+

DSCR ratio — low-ratio & no-ratio options exist

3–6 mo

Reserves — can include retirement assets

Zero

Tax returns, W-2s, or employment verification

LLC OK

Close in an entity — 1–10 units, condos & STRs

Read the full Florida DSCR requirements guide →

The Library

Every Florida DSCR Question, Answered.

100 investor guides organized by topic. Pillar guides are the deep, definitive resources — start there.

Florida City Guides

33 articles

The Process

From Quote to Keys in 4 Steps.

Run Your Numbers

Use the calculator above or send us the address. We'll price your exact scenario across dozens of wholesale DSCR lenders — free, no hard credit pull.

Pre-Approval in 24 Hours

A short application and a soft look at credit. No tax returns, no W-2s, no employment calls — ever.

Appraisal & 1007

The appraiser confirms value and market rent. This sets your final DSCR — and it's usually the only real underwriting condition.

Close in 14–21 Days

Sign in your name or your Florida LLC. Then do it again on the next property — DSCR has no cap on financed doors.

Start Step 1 — Free Quote

Who's Behind This Site

Written by the Broker, Not a Content Farm.

Every guide on this site is published by Alex Doce, Principal Mortgage Broker at The Doce Mortgage Group in Fort Lauderdale — a nationally ranked top-1% originator who has financed Florida investment property through every market since 1987.

No call centers. No recycled content. Just what actually gets DSCR files approved in Florida — including the insurance, condo, and short-term-rental wrinkles national sites miss.

38+

Years in Florida lending

7,000+

Loans closed

1,500+

Five-star reviews

14 days

Fastest DSCR closings

Credentials

Alex Doce — NMLS #13817
The Doce Mortgage Group — NMLS #2638131
Licensed Florida Mortgage Broker · Fort Lauderdale, FL
Rated 5.0 on WalletHub, Zillow, Google & Experience.com

About Alex → Read 1,500+ Reviews →

FAQ

Florida DSCR Questions, Answered Straight.

What is a DSCR loan in Florida?
A DSCR (Debt Service Coverage Ratio) loan is an investment property mortgage that qualifies you on the property's rental income instead of your personal income. If the rent covers the monthly payment — a ratio of 1.0 or higher — you can qualify with no tax returns, no W-2s, and no employment verification. DSCR loans are available across Florida for long-term rentals, Airbnbs, condos, and 2–10 unit properties. Full guide →
What are the requirements for a DSCR loan in Florida?
Typically: 620+ credit (best pricing at 740+), 15–25% down, a DSCR of 1.0+ (low-ratio options exist), 3–6 months of reserves, and an investment property — never a primary residence. No income documentation is required. Full requirements →
Are DSCR rates higher than conventional rates?
Surprisingly, no — DSCR rates typically run about 0.25%–0.50% lower than comparable conventional investment rates. The prepayment penalty is why: conventional loans can't carry one, DSCR loans do, and investors pay up for that certainty — savings that reach your rate. Credit, down payment, ratio, property type, and prepay structure set your exact price. What moves DSCR rates →
Can I use a DSCR loan for an Airbnb in Florida?
Yes. Many programs accept short-term rental income — either market rents from the appraisal or 12 months of actual Airbnb/VRBO revenue. Florida is one of the strongest STR lending markets in the country. The Airbnb playbook →
Can I close a DSCR loan in an LLC?
Yes — most DSCR loans let you close directly in a Florida LLC, keeping the property off your personal credit profile and adding liability protection. LLC vesting guide →
How fast can a DSCR loan close?
Often 14–21 days, because there's no income or employment verification. The appraisal with its 1007 rent schedule is usually the pacing item. Closing timeline →
What DSCR ratio do I need?
Most lenders want 1.0+, meaning rent equals or exceeds the full payment (PITIA). 1.25+ earns better pricing; below 1.0, low-ratio and no-ratio programs are available with larger down payments. Ratio tiers explained →
Who publishes this site?
Alex Doce, Principal Mortgage Broker at The Doce Mortgage Group (NMLS #13817 / company NMLS #2638131) — a Fort Lauderdale brokerage with 38+ years of experience, 7,000+ closings, and 1,500+ five-star reviews. Licensing details →

Price Your Florida Deal in 60 Seconds.

Answer a few questions and get real numbers on your purchase, cash-out, or refinance — no hard credit pull, no obligation, no pressure.

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Call Us: (800) 355-ALEXAvailable 7 days a week