Grow your Florida rental portfolio with a DSCR loan that qualifies on the property's rental income, not your tax returns. Great for investors and self-employed buyers.
How DSCR works: instead of your personal income, the lender looks at the Debt Service Coverage Ratio, which compares the property's rent to its monthly payment (principal, interest, taxes, insurance and HOA). No tax returns or W-2s are needed to qualify.
DSCR loans can be used to buy or refinance single-family rentals, 2 to 4 unit properties, condos and short-term vacation rentals, and some programs allow closing in an LLC. Down payment, rate and reserve requirements vary by lender, which is why we shop many DSCR lenders for you.
Investing in Cape Coral, Fort Myers, Naples, Port Charlotte or South Florida? Call or text Pamela Fajardo (NMLS #346542) at (239) 333-5431, or fill out the quick form for a free DSCR quote. Hablamos español.
