DSCR Loans in Florida — Let the Rent Do the Qualifying.
OneDSCR finances Florida rental property on the deal's cash flow — no personal tax returns, W-2s, or traditional DTI underwriting. Buy, refinance, or pull cash out anywhere in the state, and close in an LLC.
- Statewide coverage. Miami, Orlando, Tampa Bay, Jacksonville, and the Gulf Coast.
- Up to 80% LTV. On purchases and rate-and-term refinances, 75% cash-out.
- Built for Florida costs. Insurance, flood, and HOA dues are counted in the DSCR from day one.
- Close in an LLC. Finance the way Florida investors actually hold real estate.
Estimate only, based on principal, interest, taxes, insurance, and HOA. Final terms subject to underwriting.
How DSCR loans work for Florida investors
A DSCR (Debt Service Coverage Ratio) loan qualifies a Florida rental on the property's income versus its full monthly payment — not on your personal tax returns or employment. Divide the monthly rent by the total payment (principal, interest, taxes, insurance, and any HOA); a ratio of 1.0 means the rent exactly covers the payment, and higher ratios unlock better leverage and pricing. In Florida, insurance and association dues can take a bigger bite out of rent than in most states — so the ratio is worth checking before you write an offer, not after.
What Florida investors should know about DSCR loans
Florida has no state income tax, but a few local realities decide whether a deal actually cash-flows.
Insurance is the swing factor
Wind, hurricane, and flood coverage can cost several times what landlords pay elsewhere, and flood zones may require separate policies. Roof age and wind-mitigation features move the premium — and your DSCR. Get a real quote early.
Taxes reset when you buy
An investment property in Florida is typically reassessed to market value after a sale, so the seller's tax bill often understates what you'll pay. Underwrite on projected taxes, not the listing sheet.
Condo rules got stricter
Florida's post-Surfside condo laws added milestone inspections and structural reserve requirements. Association dues, reserves, and special assessments now matter as much as the unit's rent when you finance a condo.
Florida DSCR loan options
Purchase
Buy a Florida rental — single-family, small multifamily, or condo — on cash-flow underwriting. Up to 80% LTV, no income docs, close in an LLC.
Analyze My PurchaseCash-Out Refinance
Tap the equity Florida appreciation has built — up to 75% LTV — to fund your next deal, with no income review.
Estimate My Cash OutRate & Term Refi
Move out of a short-term loan or a higher rate into a fixed 30-year, without touching equity or verifying personal income.
Check My SavingsFlorida investor markets we finance
We lend statewide. These are among the Florida markets we most commonly finance.
Florida DSCR loan snapshot
Typical program parameters — final structure depends on credit, property, and the full file.
What makes a Florida deal different
Insurance can make or break the ratio. Homeowner, wind, and flood premiums vary sharply by address, roof age, and flood zone. We build the actual premium into your DSCR instead of a generic estimate.
There's no rent control to plan around. Florida generally restricts local rent control, so rent growth follows the market — though we still underwrite conservatively rather than assuming steep increases.
Closing costs include state taxes on the loan. Florida charges documentary stamp tax on the note and a non-recurring intangible tax on the mortgage — refinances included — so budget for them up front.
Recently funded in Florida
- 1.12 DSCR at 75% LTV
- Closed in an LLC
- Funded in 21 days
- 70% LTV cash-out
- Single-family rental with 2 long-term tenants' history
- Funded the next Jacksonville purchase
- 1.03 DSCR with HOA dues included
- Association reserves reviewed
- Closed in an LLC
- Moved into a 30-year fixed
- 1.19 DSCR at closing
- Funded in 18 days
- 1.09 DSCR at 80% LTV
- Closed in an LLC
- Both units leased at closing
Ready to Move on Your Florida Deal?
Get a real DSCR read on your scenario — no credit pull, no income docs, no obligation.
View My Florida Loan OptionsFlorida DSCR loan FAQ
Straightforward answers to the most common questions about financing Florida rentals with DSCR loans.
No. A DSCR loan qualifies on the property's rental income versus its payment, so there are no personal tax returns, W-2s, or debt-to-income requirements. You can also vest title in an LLC or in your own name. Your credit and reserves still matter, but the property's cash flow does the qualifying.
Directly. Insurance is part of the monthly payment used to calculate DSCR, and Florida premiums for wind, hurricane, and (where required) flood coverage can be substantial. A higher premium lowers your ratio, so get a real quote for the specific property before you commit, and enter it in the calculator's Annual Ins. field.
Often, yes, but condos get extra review. Florida's condo safety laws require inspections and reserve funding, and association dues or special assessments count against your DSCR. Expect us to look at the building's budget, reserves, and any pending assessments, and check with us on eligibility for the specific building.
It depends on the property and the program. Florida law limits how far local governments can restrict vacation rentals, but you'll still need the proper state license and must collect applicable sales and tourist taxes. Condo and HOA documents may impose minimum lease terms of their own. Talk to us about how income is calculated for a specific property.
Florida charges documentary stamp tax on the promissory note and a non-recurring intangible tax on the mortgage, on refinances as well as purchases. Those come on top of typical title, lender, and appraisal costs. We'll outline your estimated closing costs early so nothing surprises you at the table.
DSCR loans for Florida rental investors
OneDSCR helps real estate investors finance rental properties throughout Florida using the property's rental income as the primary qualification metric. Whether you're buying a single-family rental in Tampa Bay, refinancing a duplex in Jacksonville, or adding a condo in South Florida, the loan is built around the property's cash flow — with Florida's real insurance and association costs counted from the start.
Ready to finance your next Florida rental?
Get a real DSCR read on your scenario — no credit pull, no income docs.
This is not an offer to lend or extend credit. All loan applications are subject to underwriting review, credit approval, and verification of information. Not all applicants will qualify. Loan terms, rates, LTVs, and availability are subject to change without notice and may vary based on creditworthiness, property type, market conditions, and jurisdiction. DSCR figures shown by the calculator are estimates only. OneDSCR originates loans for investment properties only.
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