DSCR New Construction Loan in Florida

DSCR New Construction Loan in Florida

DSCR financing qualifies a new construction 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 new construction removes the personal-income bottleneck. We shop DSCR lenders to fit the cash flow.

Financing new construction in Florida usually means a construction-to-permanent loan: one loan, one closing, that funds the build in stages and then converts to a standard mortgage when the home is finished.

During construction you draw funds as the builder hits milestones and pay interest only on what is drawn. When the certificate of occupancy is issued, the loan rolls into permanent financing at the agreed terms — no second closing or requalifying. Buying from a production builder is different: they often have a preferred lender, but you are free to shop, and we frequently beat the builder's rate or incentives net of cost.

We line up the construction loan, manage the draw schedule with your builder, and lock the permanent terms so the project finishes on budget.

Read the full new construction financing guide, or compare other angles: Requirements · Financing Guide · FHA · Conventional.