DSCR Mixed-Use Property Loan in Florida

DSCR Mixed-Use Property Loan in Florida

DSCR financing qualifies a mixed-use property on its debt-service-coverage ratio — whether the rent covers the mortgage — with no tax returns or income docs. Expect 20%-25% down and reserves. For investors building a Florida portfolio, DSCR on a mixed-use property removes the personal-income bottleneck. We shop DSCR lenders to fit the cash flow.

A mixed-use property — say an apartment above a storefront — can be financed residentially or commercially depending on how much of it is residential. The ratio is the whole game.

When the residential portion dominates (commonly 51%+ of the square footage and value) and the commercial use is limited, certain lenders will write it on residential terms. Heavier commercial use pushes it to a commercial or DSCR loan, with larger down payments and shorter terms. The number of units and zoning also matter.

We assess the residential-to-commercial split and zoning, then match you to the lender whose box your property fits — residential when possible for the better rate, commercial when the use requires it.

Read the full mixed-use property financing guide, or compare other angles: Requirements · Financing Guide · FHA · Conventional.