DSCR Loans in Florida: Investment Property Financing for the Sunshine State

Florida is one of the most active real estate investment markets in the country, and it's not hard to see why. The state adds hundreds of thousands of new residents every year. Tourism drives year-round short-term rental demand across dozens of markets. There's no state income tax, which means more of your rental income stays in your pocket. And property values across the state have seen sustained appreciation driven by genuine population and economic growth — not speculation.

For investors buying rental property in Florida, a DSCR loan is often the fastest, simplest path to financing. You qualify based on the property's rental income — not your tax returns, not your W-2s, not your personal debt-to-income ratio. If the deal cash-flows, you get the loan.

At TQ Lending, Florida is one of our highest-volume states. We've funded over $1 billion in investor loans nationwide, with a significant share of that capital deployed into Florida markets.

How DSCR Loans Work in Florida

A DSCR (Debt Service Coverage Ratio) loan qualifies you based on one number: the ratio of the property's rental income to its total mortgage payment.

DSCR = Gross Rental Income / PITIA (Principal, Interest, Taxes, Insurance, Association Dues)

No tax returns. No employment verification. No reconstructing your financial life across multiple LLCs and K-1s. The property is the borrower, and the rental income is the qualification.

Florida DSCR Loan Requirements

Credit Score

Minimum: 640

Best pricing: 680+

Down Payment

Purchase: 15%–25% down, depending on property type, DSCR ratio, and credit score

Cash-out refinance: Up to 75%–80% LTV

Rate-and-term refinance: Up to 80% LTV