Florida DSCR Loans for Real Estate Investors – No Tax Returns Needed
If you’re planning to buy or refinance a rental property in Florida and want to skip the hassle of income paperwork, a DSCR (Debt Service Coverage Ratio) loan might be the ideal fit. At 1st Florida Mortgage, we focus on DSCR financing tailored for real estate investors—no tax returns, W-2s, or pay stubs required. Your approval is determined by the property’s rental income, streamlining the process and making it easier to qualify.
Why Choose DSCR Loans:
- Up to $3,000,000 (85% LTV)
- Up to $1,000,000 Cash Out
- No Employment – Income Verification
- Use Rental Income to Qualify
- Ideal for Real Estate Investors
- Flexible Ownership Structure
DSCR Calculator – Estimate Your Property’s Coverage Ratio
DSCR Calculator
A DSCR of 1.0 typically meets the basic threshold for most lenders, while a ratio of 1.25 or
above is viewed more favorably and can often secure better loan terms.
Up to $3,000,000
Qualification Guidelines:
Minimum FICO Credit Score
620
Minimum Down Payment
15%
Maximum Loan To Value
85%*
Mortgage Insurance
NO
Days Since Foreclosure
1
Days Since Short Sale
1
Special Qualification Requirements
NONE
Real Estate Investor - DSCR Loans
Close on Time
We handle underwriting and processing in-house to speed up closings—aiming to finalize every loan in 21 days or less.
Low Rates
Competitive DSCR loan rates in Florida – Flexible terms and quick closings.
Service
Preferred lender for DSCR loans in Florida - See what our customers are saying!
Why Real Estate Investors Choose Us ?
It's Our People!
DSCR Loan Specialist
Shawn Dulac is a Florida-based DSCR loan specialist with deep expertise in investment property financing.
With extensive experience in real estate lending, Shawn has earned a reputation as a trusted partner for Florida real estate investors seeking flexible, no-income documentation financing throughout Florida.
He takes a strategic, investor-focused approach to every transaction—whether it’s acquiring a first rental property or expanding an established portfolio. Well-versed in DSCR loan guidelines, Shawn knows how to structure deals that optimize cash flow and close efficiently.
Recognized for his quick response, problem-solving skills, and dedication to client success, Shawn makes the lending process straightforward while helping investors secure financing that supports long-term growth. For a smart, streamlined DSCR loan in Florida, Shawn is the ally you need on your team.
Florida DSCR Loans - Speak to an Expert
CALL (855) 314-2220 or get started online
About DSCR Mortgages
To fully understand Florida DSCR loans, it helps to understand the debt service coverage ratio (DSCR). This figure shows whether a property’s rental income is sufficient to pay its annual debt obligations. A DSCR of 1.0 or above indicates the income is enough to cover the debt, and higher ratios can open the door to better rates and terms.
You can use the DSCR calculator above to see where your ratio stands and find out if you’re eligible for an investment property loan in Florida.
A DSCR loan is often the right fit for real estate investors who prefer to qualify based on a property’s rental income instead of their own personal income. This can be especially beneficial for:
Investors with strong cash-flow properties – Florida rentals that produce consistent income.
Self-employed borrowers – Business owners who may have difficulty meeting traditional income verification requirements.
Portfolio investors – Those adding to their holdings without impacting their personal debt-to-income ratio.
Borrowers wanting minimal paperwork – DSCR loans typically require far less income documentation than conventional financing.
At 1st Florida Mortgage, we focus on DSCR loans designed for investors who want their financing to reflect the performance of the property—not just their personal financial profile.
Non-QM DSCR loans are a great option for Florida buyers who can’t provide the standard income documentation needed for a conventional loan in Florida, which must follow strict federal rules. These loans rely on alternative ways to verify income, making it easier for more borrowers to qualify. Some lenders also offer features like extended loan terms or interest-only payments to help meet eligibility requirements.
Because each lender sets its own criteria, it’s important to review the terms of your specific loan carefully. Non-QM, or Non-Qualified Mortgage, loans don’t conform to the guidelines established by Fannie Mae, Freddie Mac, or the CFPB’s Qualified Mortgage standards. Instead of requiring tax returns, W-2s, or proof of personal income, they allow borrowers to qualify using other methods—just like a DSCR loan.
