Florida combines strong rental demand with some unusual costs, especially insurance. A DSCR loan lets you qualify on the property’s rent, so the deal has to stand on its numbers.

What a DSCR loan is

DSCR = monthly rent ÷ monthly PITIA. In Florida, insurance and HOA or condo dues can be a big part of PITIA.

Illustrative Florida example (not a quote):

Monthly rent	$3,200
Principal and interest	$1,800
Property taxes	$380
Insurance	$450
HOA	$100
Total PITIA	$2,730
DSCR	1.17

Florida markets

Tampa Bay. A large, growing market with a broad mix of single-family homes and small multifamily.

Orlando and Central Florida. Strong tourism and employment demand. Vacation rentals are a major use case. ⚠ Check local and HOA short-term rental rules.

Jacksonville. More affordable entry prices and steady rental demand.

Miami and South Florida. High prices and strong demand. Condos are common, so check building rules and reserves.

Florida considerations

• Insurance: Premiums can be high, especially near the coast, and flood insurance may be required in flood zones. Get a real quote early, because it changes your DSCR.
• Condos: ⚠ Florida’s condo-safety and reserve rules affect many buildings, and some lenders limit condo financing. Check the building before you commit.
• Short-term rentals: HOAs, condo boards, and cities may restrict them.
• Storm risk: Account for repairs and deductibles in your reserves.

How it works

1. Tell us about the property.
2. We calculate DSCR and match programs.
3. Review terms.
4. Documents and appraisal.
5. Underwriting and closing.

Florida DSCR FAQ

Can I use a DSCR loan on a vacation rental?

Often yes. The rental income may be estimated differently than a long-term lease, and local and HOA rules matter. We’ll walk through your property.

Will high insurance sink my DSCR?

It can, because insurance counts in PITIA. Shop quotes before you offer.

Does my condo qualify?

It depends on the building and the lender. Send us the address and we’ll check.

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