DSCR Loans in South Florida
Qualify based on your property's rental income — not your personal income. No W-2s, no tax returns, no job verification required.
Rates from 5.75%
5.75%
Rate From
80%
Max LTV
1.0×
Min DSCR
30yr Fixed
Loan Terms
How DSCR Qualification Works
Property income covers the mortgage
Monthly rent ÷ monthly PITIA payment = DSCR. A ratio of 1.0 or above typically qualifies.
No personal income docs required
We don't look at your W-2, tax returns, or job history. The deal qualifies on the property cash flow.
Close in 10–21 days
Once you're under contract, we move fast. Most files close in under 3 weeks with minimal back-and-forth.
DSCR Loan FAQ
What is a DSCR loan?
A DSCR (Debt Service Coverage Ratio) loan qualifies you based on the rental income of the property — not your personal W-2 or tax returns. If the rent covers the mortgage, you qualify.
What DSCR ratio do I need?
Most programs require a minimum DSCR of 1.0–1.1. Strong files with DSCR above 1.25 get the best rates.
What are current DSCR rates in South Florida?
DSCR rates currently start around 5.75% for 30-year fixed on strong files. Rate depends on LTV, DSCR, credit score, and prepay term.
How fast can you close a DSCR loan?
Typically 10–21 days from application to close on straightforward files.
South Florida Markets We Lend In
Miami · Fort Lauderdale · Boca Raton · West Palm Beach · Delray Beach · Pompano Beach · Hollywood · Deerfield Beach · Boynton Beach · Lake Worth · Coral Springs · Plantation