Florida DSCR Loans
DSCR loans in Florida by Easy Street Capital: Rates from 5.75%, up to 80% LTV for purchases/refis, 75% cash-out, no min DSCR. Lending statewide, including Miami and Orlando.
EasyRent is our tailored and industry-leading DSCR Loan solution for Florida real estate investors. Whether you are acquiring property to expand your portfolio or cashing out your capital in a refinance, we have a loan for you. Our DSCR Lending Program has solutions for anyone – from first-time investors to industry veterans looking to rapidly scale their portfolios. We are confident we can find you a great Florida DSCR loan in a quick, efficient and easy process. Click the button below and get started today!
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What is a DSCR Loan?
A DSCR Loan is a mortgage loan for a residential income-producing property. It is primarily based on the “Debt Service Coverage Ratio” or the cash flow of the property, rather than the borrower’s income. A traditional mortgage loan will require income verification, tax returns and a “Debt-to-Income” (DTI) ratio. DSCR Loans require none of these! Perfect for real estate investors ready to scale (no more W2!) or are looking leave behind the hassle, paperwork and headaches of conventional financing, DSCR Loans are quickly becoming the go-to loan option for real estate investors.
For a comprehensive definition, “DSCR Loans are mortgage loans secured by residential real estate turnkey properties strictly used for a business purpose and underwritten primarily based on the property.”
DSCR Loan Definition Breakdown
- Mortgage Loans = form of loan that is secured by collateral, collateral = real estate
- Residential Real Estate = properties used for people to live in vs. commercial, which is used to operate businesses (offices, retail, industrial, hotel, self-storage, etc.). In real estate finance, residential also typically refers to “1-4 unit” properties, anything more would be considered “multifamily”
- Business Purpose = DSCR loans strictly do not allow the owner of the property to live in the property, it must be used for “business” or investment purposes. Includes use of “cash-out proceeds”
- Underwritten = How lender evaluates (and then prices) the risk of the loan
- Primarily Based on Property = Mostly based on property, but also look at sponsor
- Turnkey = property doesn’t require any renovation, “turn the key and go”
Looking to get a deeper understanding of all things DSCR? Check out our DSCR Loans Guide below!
Florida Recent DSCR Fundings
Real Investments. Real Results.
Real estate investors in the Sunshine State are turning to DSCR Loans as a strategic tool to expand and manage their investment property portfolios. DSCR loans allow investors to secure financing based on the property's ability to generate income (rather than an investor's individual credit profile). In a market like Florida, where real estate prices have shown steady growth and rental demand remains steady, DSCR loans offer investors a flexible and effective means to acquire new properties, improve existing ones, or refinance their assets. Easy Street Capital is proud to be a leading provider of DSCR loans for Florida real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in Florida below:
Single-Family Residence
Anna Maria, FL
$1,051,767 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Anna Maria. This beach house is ideally located in the heart of the island and offers easy access to shopping, parks, and recreational facilities. Just steps from Bean Point, it provides breathtaking views and will serve as a short-term rental property.
PUD
Osprey, FL
$480,300 Florida DSCR Rental Loan for an Acquisition of a rental property in Osprey. The home, located just 10 miles north of downtown Sarasota, brings easy access to the area’s vibrant arts, culture, dining, and waterfront attractions. It will be used as a long-term rental upon purchase.
Single-Family Residence
Orlando, FL
$220,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Orlando. Residents have convenient access to essential amenities including shopping, schools, support businesses, city parks, medical facilities, and public services, all located within a two-mile radius.
Quadruplex
Port Saint Joe, FL
$356,500 Florida DSCR Rental Loan for a Rate-Term Refinance of a rental property in Port Saint Joe. The quadruplex is located just blocks from St. Joseph Bay and offers walking distance to the charming downtown district, local shops, dining, and the Port St. Joe Marina. Known for its scenic beauty, recreational boating, and proximity to pristine Gulf beaches, it is ideally positioned to enjoy Florida’s Coast and is currently used as a short-term rental.
Single-Family Residence
Tampa, FL
$1,040,000 Florida DSCR Rental Loan for an Acquisition of a rental property in Tampa. This five-bedroom home features an entryway with a spiral staircase, elegant formal living and dining areas, and a backyard built for relaxation with a pool, spa, and covered patio. Just minutes from major roadways, beaches, and shopping, it’s set to operate as a short-term rental in one of Tampa’s most popular travel hubs.
Single-Family Residence
Sebastian, FL
$315,000 Florida DSCR Rental Loan for an Acquisition of a rental property in Sebastian. This three-bedroom, two-bathroom home features a recently renovated kitchen and bathrooms, plus a new roof, water heater, and fence. Perfectly situated just over three miles from St. Sebastian River Preserve State Park, it’s ideal for use as a short-term rental with access to trails, paddling, and wildlife.
Single-Family Residence
Seminole, FL
$975,000 Florida DSCR Rental Loan for an Acquisition of a rental property in Seminole. This beautifully located property features a fenced-in pool with multiple access points and is surrounded by lush greenery and towering palm trees, creating a private tropical retreat. Just two blocks from Boca Ciega Bay, it offers prime access to scenic waterfronts, shopping, schools, and everyday amenities.
Single-Family Residence
Winter Park, FL
$1,032,500 Florida DSCR Rental Loan for an Acquisition of a rental property in Winter Park. This long-term rental features a pool, a three-car garage, and is less than a mile from the vibrant Park Avenue shopping and dining district with its boutiques, restaurants, and cafes. Its convenient location offers easy access to downtown Orlando and surrounding areas.
Single-Family Residence
Miami, FL
$896,000 Florida DSCR Rental Loan for an Acquisition of a rental property in Miami. This property features a large chef-style kitchen, hard-wood flooring throughout, and renovated bathrooms with timeless finishes. Upon acquisition, the property will be utilized as a short-term rental.
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