DSCR Rental Loans in Florida.
No tax returns. No W-2s. No pay stubs. Your rental property's income is all that matters. Scale your portfolio the smart way.
$30M+ in DSCR loans funded | 1,000+ investors helped
Scale Your Rental Portfolio Without Income Verification Headaches.
If you're a rental property investor in Florida, you already know the frustration:
Traditional banks want to see:
Your tax returns (which you've optimized to show less income)
Your W-2s (but you're self-employed)
Your pay stubs (but your income fluctuates)
Personal debt-to-income ratios (that don't reflect your actual financial picture)
DSCR loans throw all that out.
With DSCR (Debt Service Coverage Ratio) loans, the only thing that matters is whether the rental property generates enough income to cover its mortgage payment.
That's it. No digging through your personal finances. No explaining why your tax returns are low. No debt-to-income stress.
At Springwell Capital, DSCR loans are what we do best. We've funded millions in DSCR loans for Florida investors who are building serious rental portfolios—from first-time landlords buying their second property to experienced investors adding their 20th.
We understand DSCR underwriting inside and out. We know how to structure deals, analyze rental comps, calculate DSCR ratios, and get investors approved when other lenders say no.
Whether you're buying a rental in Miami, Tampa, Orlando, Jacksonville, or anywhere across Florida—we make DSCR loans simple, fast, and transparent.
What is a DSCR Loan? (And Why It's a Game-Changer for Investors)
Let's break it down in plain English—no finance jargon.
What DSCR Means
DSCR stands for Debt Service Coverage Ratio. Sounds complicated, but it's actually simple:
DSCR = Monthly Rental Income ÷ Monthly Mortgage Payment
That's the whole formula.
Example:
Your rental property brings in $2,000/month in rent
The mortgage payment (PITI) would be $1,600/month
DSCR = $2,000 ÷ $1,600 = 1.25
A DSCR of 1.0 or higher means the property pays for itself. Most DSCR lenders want to see 1.0 to 1.25 or better.
Why This is Perfect for Investors
No Personal Income Verification: We don't care about your W-2s, tax returns, or pay stubs.
Perfect for Self-Employed: Your tax returns show low income? DSCR lenders don't care.
Scale Without Income Limits: You can scale to 20, 30, 50+ properties.
Ideal for LLC Ownership: Close in your LLC name for asset protection.
Cash-Out Refinances Made Easy: Pull equity without proving personal income.
Why Florida Investors Choose Springwell Capital for DSCR Loans
We're DSCR specialists. This is what we do all day, every day.
We're DSCR Experts
Some lenders offer DSCR as a side product. For us, it's our core focus. We've underwritten hundreds of DSCR deals across Florida. We know how to find rental comps, structure deals, and get investors approved when other lenders say no.
We Help You Understand the Numbers
Before you make an offer, we'll help you run the DSCR numbers: expected rent, PITI, the DSCR ratio, and the down payment needed. We help you analyze deals BEFORE you commit.
Flexible on Property Condition
Properties don't have to be perfect. Currently vacant? We use market rent. Needs light repairs? We work with it. Tenant paying below-market rent? We use market rent. We're flexible because we understand investing.
Transparent Pricing & No Surprises
We hate when lenders change terms. Our pricing is upfront and transparent. You know the rate and fees from day one. No junk fees or surprise costs at closing. What we quote is what you get.
Portfolio Growth Support
If you're serious about building a rental portfolio, we want to grow with you. We're your long-term DSCR lending partner, not a transactional lender who disappears after closing.
Is a DSCR Loan Right for You?
DSCR loans are perfect for certain investors. Here's who benefits most:
👔
Self-Employed Investors
Your tax returns show low income (by design), so traditional banks reject you. DSCR doesn't care about your tax returns—only the property's rental income.
🏘️
Portfolio Builders
You already own 4-10+ properties and hit the conventional loan limit. DSCR lets you keep scaling without personal income verification holding you back.
💼
High-Net-Worth Investors
Your income is complex (K-1s, partnerships, investments). You don't want to explain it to a bank. DSCR simplifies everything—just show the rental income.
💰
Cash-Out Refinancers
You want to pull equity from existing rentals to buy more properties, but can't qualify traditionally. DSCR makes cash-out refinances simple and fast.
DSCR Loan Features & Terms
No Income Verification
No tax returns, W-2s, or pay stubs required—qualification based solely on rental income
Portfolio-Friendly
No limit on number of DSCR loans—scale your portfolio without hitting walls
LLC Ownership Available
Close in your LLC for asset protection and business separation
Florida statewide
Fund rental properties from Pensacola to Miami, Jacksonville to Key West
Cash-Out Refinance
Pull equity from existing rentals (up to 75-80% LTV) to fund your next purchase
Flexible Property Types
SFR, condos, townhomes, 2-4 unit multi-family, short-term rentals
Typical Terms:
Minimum DSCR: 1.0-1.25
Down Payment (Purchase): 20-25% typical
Property Types: 1-4 unit residential
Credit Score: As low as 620+
LTV (Cash-Out-Refi): Up to 75-80%
Loan Amounts: $100k - $3M +
Free Planning Tools (Use Before You Even Apply)
We give away professional planning worksheets to help you make smarter decisions—whether you work with us or not.
Download from our Free Resources page:
Construction Budget Estimator - Build line-by-line budgets before you break ground
House Profit Calculator - See your REAL profit after all costs (loan fees, realtor commissions, closing costs, everything)
Cash Flow Timing Planner - Plan when trades start and payments are due
Rental Analysis Tool - Check if your project works as both a sale AND rental
STILL NOT SURE?
Frequently Asked Questions
DSCR Loan Questions Answered
We've funded hundreds of DSCR loans. Here are the questions we get asked most:
Q: What's the minimum DSCR ratio you accept?
A: Typically 1.0 to 1.25, depending on other factors like credit score, down payment, and property type. A DSCR of 1.0 means the rent exactly covers the mortgage payment. We prefer 1.1 or higher for safety margin, but can work with 1.0 in strong situations.
Q: What if the property is currently vacant?
A: No problem. We use market rent based on rental comps in the area, not actual rent. So even if it's vacant or the current tenant is paying below-market rent, we base DSCR on what it should rent for.
Q: Can I use DSCR for a short-term rental (Airbnb/VRBO)?
A: Yes, but underwriting is slightly different. We analyze comparable short-term rental income in the area and factor in higher vacancy/management costs. If the numbers work, we can do it.
Q: Can I close in my LLC's name?
A: Yes, one of the major benefits of DSCR loans. You can close in your LLC for asset protection. Traditional mortgages require personal names.
Q: How many DSCR loans can I have at once?
A: No limit. Unlike conventional mortgages (capped at 10), you can have 20, 30, 50+ DSCR loans. Each property is evaluated independently based on its own rental income.
Q: Can I use DSCR for a cash-out refinance?
A: Absolutely. This is one of the most popular uses of DSCR loans. Pull equity from rentals you already own (up to 75-80% LTV) and use that cash to buy more properties. No personal income verification needed.
Q: How long does a DSCR loan take to close?
A: Typically 2-3 weeks from application to closing, assuming you respond quickly to requests and the appraisal comes in on time. It can be faster for experienced investors with clean scenarios.
Q: What's the difference between DSCR and a conventional investment property loan?
A: Conventional Loan: Requires personal income verification (W-2s, tax returns), has debt-to-income limits, caps at 10 properties, requires personal name on title. DSCR Loan: NO personal income verification, no debt-to-income limits, unlimited properties, can close in LLC. DSCR is specifically designed for investors who don't want to prove personal income.
Q: Are DSCR loan rates higher than conventional rates?
A: DSCR rates are typically 0.5% - 1.5% higher than conventional investment property rates because of the streamlined underwriting (no income verification). However, many investors can't qualify for conventional loans due to income verification issues—so DSCR is often the only option, making rate comparison irrelevant.
Ready to Scale Your Florida Rental Portfolio with DSCR Loans?
We've made DSCR lending simple, transparent, and investor-friendly. Here's how to get started:
Get Pre-Qualified in 48 Hours
Submit your property details and we'll run preliminary DSCR numbers. You'll know within 48 hours if it works.
Talk to a DSCR Specialist
Have questions? Want to discuss your specific situation? Schedule a 15-minute call with our team.
Use Our Free DSCR Calculator
Not sure if your deal qualifies? Download our free Rental Analysis Worksheet to calculate DSCR before you apply.
Springwell Capital has funded $30M+ in DSCR loans for Florida investors. We're not just another lender offering DSCR—it's our specialty and core focus. Transparent pricing, clear communication, no last-minute surprises. Straightforward DSCR lending for serious rental property investors.
Contact Us
Springwell Capital, LLC
480 N Orlando Ave Suite 236
Winter Park, FL 32789
✉️ [email protected]
📞 (321) 364-4602
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