DSCR Loan Rates in Florida
What drives DSCR rates for Florida investors, how the coverage ratio shapes your number, and when to lock. Licensed FL mortgage broker NMLS# 1859012.
By Onias Derilus, Mortgage Capital · NMLS# 1859012 · Last Updated: June 2026
DSCR loan rates in Florida run a bit above conventional because they trade personal income documentation for property cash flow. For investors, that small premium buys speed and simplicity. Your rate hinges on your coverage ratio, your credit, your down payment, and timing.
What Affects Your DSCR Loan Rate?
DSCR pricing centers on the property, not your paystubs. The lender measures whether the rent covers the payment, and several factors set your final number.
Your debt service coverage ratio is the headline input: a property that cash-flows well above its payment earns a better rate. Credit score and down payment matter too, and a larger down payment sharpens your pricing.
Sample DSCR Payment by Rate
The table shows how the rate changes monthly principal and interest on a $300,000 DSCR loan. These are illustrations only, not a rate quote, and they exclude taxes, insurance, and any HOA dues.
| Sample Rate | Monthly P&I | Interest Over 30 Yrs |
|---|---|---|
| 6.875% | $1,971 | $409,000 |
| 7.375% | $2,072 | $446,000 |
| 7.875% | $2,176 | $483,000 |
| 8.375% | $2,282 | $521,000 |
Illustrative only. Based on a $300,000 loan over 30 years; excludes property taxes, insurance, and HOA dues. Your actual rate and payment will differ. Call (561) 300-0380 for a personalized quote.
How DSCR Shapes Your Cost
DSCR divides the property's monthly rent by its monthly payment. A ratio of 1.0 means rent exactly covers the payment, while 1.25 means rent is 25% above it. Higher ratios reduce lender risk and your rate.
Most lenders look for a DSCR of at least 1.0, and the best pricing arrives at 1.25 or higher. Run scenarios on our DSCR calculator to see where your property lands.
When to Lock Your DSCR Rate
Once you are under contract, a lock holds your rate for 30 to 60 days while we close. DSCR files often close quickly because there are no personal income documents to verify.
Keep an eye on the broader market with our Florida mortgage rates page, and ask us about float-down options when you lock.
DSCR Loan Rates — FAQ
DSCR rates typically run modestly above conventional because they qualify on property cash flow instead of personal income. For investors who value speed and no income documentation, that small premium is usually well worth it.
A higher debt service coverage ratio lowers the lender's risk and your rate. Most lenders look for at least 1.0, where rent covers the payment, and the best pricing arrives at 1.25 or higher, where rent comfortably exceeds the payment.
DSCR loans generally require 20 to 25% down. A larger down payment lowers the loan-to-value, improves your coverage ratio, and sharpens your rate. Strong credit further improves your pricing.
Get Your Personalized DSCR Rate Quote
Qualify on rent, not income · Investor financing · Licensed FL mortgage broker NMLS# 1859012
Rates are illustrative only. APR and payments vary by credit score, loan amount, and market conditions. Subject to credit approval. Not a commitment to lend. NMLS# 1859012. Equal Housing Lender.