Florida DSCR loans. No income docs required.
Debt Service Coverage Ratio (DSCR) loans qualify based on rental income — not personal income. No tax returns, no W-2s, no paystubs. Perfect for real estate investors scaling their Florida portfolio.
Qualify on the property’s income. Not yours.
A DSCR loan is a non-QM investor loan where qualification is based on the rental income of the property, not the borrower’s personal income. The Debt Service Coverage Ratio measures whether the property’s income covers its debt payments: a DSCR of 1.0x means the rent exactly covers the mortgage. Self-employed investors, high-earners with complex tax returns, and portfolio landlords all benefit from DSCR financing because it removes the income documentation hurdle entirely.
How DSCR is Calculated
*PITIA = Principal + Interest + Taxes + Insurance + HOA Dues
Example: $3,500 rent ÷ $2,800 PITIA = 1.25x DSCR → Approved
Most lenders require 1.0x minimum. 1.25x+ qualifies for better rates and larger loan sizes.
Portfolio Landlords
Scale beyond conventional loan limits without DTI constraints from existing rental income.
Self-Employed Investors
Avoid the nightmare of qualifying with business tax returns that show minimal personal income.
Short-Term Rental Buyers
Qualify using Airbnb and VRBO projected income in Florida's top vacation rental markets.
Fix & Hold Investors
Refinance into DSCR after renovation to pull equity and fund the next deal.
Scale your Florida rental portfolio.
Mortgage Capital offers DSCR loans for Florida investors — fast closings, competitive rates. Equal Housing Lender. Not a commitment to lend. All loans subject to credit approval.