Florida · Long-term rental cash-flow lending

DSCR Long-Term Rental Loans in Florida.

Qualify on the property’s cash flow — no tax returns, no W-2s — for buy-and-hold rentals held in an entity. Investors and developers can review program parameters and local considerations across 23 Florida markets.

Discuss a transaction View markets

$1 to 100 Million LoansTransaction range

NationwideU.S. market coverage

8Core property types

DirectSenior-level review

Statewide perspective

DSCR Rental Loans across Florida.

Across Florida, DSCR proceeds move with local tax and insurance costs because both sit inside the coverage ratio. Rent supports the loan; carrying costs reduce what that rent can service.

Because Florida property tax assessments and insurance premiums land directly inside the coverage ratio, two Florida properties with identical rents can support materially different loan amounts. Pulling the current assessment and a real insurance quote for the specific address, rather than a metro average, is the most reliable way to predict final proceeds before an appraisal is ordered.

Rent documentation drives the Florida timeline. Where a lease is already in place, the executed lease governs and underwriting moves quickly. Where the unit is vacant or being purchased, the 1007 market-rent schedule completed with the appraisal establishes the qualifying figure, which is why the appraisal is ordered on the first day of the file.

Leverage on a Florida rental separates by purpose. Purchases and rate-and-term refinances reach 80% of value, while cash-out refinances stop at 75%. Investors planning to recycle equity out of a Florida property later should underwrite that five-point gap at the time of acquisition rather than discovering it at refinance.

Program leverage

How the dscr rental loans stack works.

Purchase (rate & term)up to 80% LTV

our loan · up to 80% LTVyou 20%

Cash-out refinanceup to 75% LTV

cash-out · up to 75% LTV25% equity

Qualifying incomerent only

the property’s rent · no tax returns or W-2s

DSCR 1.00x standard. No-Ratio and sub-1.00 coverage (to 0.75x) available at reduced leverage. 30-year fixed, 40-year, and interest-only structures; LLC vesting standard.

Max LTV80% purchase

Cash-out75%

Min DSCR1.00x 0.75x No-Ratio

Term30-yr fixed / IO

Min FICO640

Loan size$100K–$3.5M+

How a deal moves

From application to exit in Florida.

1
Submit
Address, rent, value, and the exit — no income documents.
Quote in 60 sec
2
Appraise
Appraisal ordered with a 1007 market-rent schedule.
Ordered day 1
3
Underwrite
We size to the property’s DSCR, not your tax return.
Clean doc list
4
Close
Fund in the entity; rinse and repeat on the next one.
Close 21–30 days

Financing readiness

Building a transaction that can move through underwriting.

For DSCR Long-Term Rental Loans in Florida, the initial package should identify the borrower and ownership structure, property location, loan purpose, requested proceeds, sources and uses, existing obligations and target closing date. Historical operating statements, current occupancy information, material leases, capital budgets and relevant purchase or development documents allow reviewers to understand the request in context. If information is preliminary, the package should distinguish confirmed facts from assumptions that remain subject to diligence.

A credible business plan explains how value is protected or created during the proposed loan term. That may involve completing construction, renovating units, funding tenant improvements, resolving deferred maintenance, increasing occupancy, extending leases, improving operations or preparing the property for sale or permanent financing. Assumptions should be supported by market evidence and include enough contingency for changes in cost, timing, interest rates or leasing velocity.

Property types

Eligible collateral in Florida.

Explore asset-specific underwriting considerations.

01Multifamily

Apartment communities, workforce housing, student housing and build-to-rent assets. Financing in Florida is evaluated against asset-specific cash flow, basis and execution considerations.

↗02Mixed-Use

Integrated properties combining residential, retail, office, hospitality or other commercial uses. Financing in Florida is evaluated against asset-specific cash flow, basis and execution considerations.

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Major markets

Florida market directory.

Florida markets above 100,000 residents, ordered by population, each linking to local dscr rental loans resources.

Common questions

Can I get a DSCR loan on a rental in Florida?+

Yes. A Florida rental is underwritten on its own rent rather than on personal income, so the qualifying question is whether the lease or appraised market rent covers the proposed payment, taxes and insurance at 1.00x or better.

What rent do I need to qualify in Florida?+

Enough to cover the proposed principal, interest, taxes, insurance and any HOA dues. Because Florida tax and insurance costs feed directly into the ratio, the required rent is specific to the address rather than to the metro.

Can I take cash out of a Florida rental?+

Cash-out refinances reach 75% of appraised value, leaving 25% equity in the property. The balance of the proceeds after paying off existing debt and closing costs is available for the next acquisition.

Other programs