Now Offering Fast & Simple Home Equity Lines of Credit (HELOCs)

Investor Loan Programs

DSCR Loans

Debt Service Coverage Ratio loans — qualify on the property's rental income, not your personal tax returns. Built for real estate investors.

1.0+
Min DSCR Ratio
20%
Min Down Payment
$3M+
Max Loan Amount
LLC
Entity Vesting OK

Investor Advantages

Why Investors Choose DSCR

No Personal Income Required

DSCR loans qualify based on the property's rental income, not your W-2 or tax returns. Perfect for investors with complex income or multiple write-offs.

Scale Your Portfolio

No limit on the number of financed properties. DSCR loans are designed for investors who want to grow beyond the 10-property conventional limit.

Short-Term Rentals Eligible

Airbnb and VRBO income can be used to qualify. We use market rent data or actual STR income to calculate DSCR for vacation rental properties.

Close in an LLC

DSCR loans can be originated in the name of an LLC or other business entity — protecting your personal assets and simplifying your investment structure.

Faster Closings

Without the need to verify personal income through tax returns and pay stubs, DSCR loans often close faster than conventional investment property loans.

Foreign Nationals Welcome

Many DSCR programs are available to foreign national investors purchasing U.S. investment properties — no U.S. credit history required in some cases.

The Formula

How DSCR Is Calculated

01

Calculate Gross Rent

We determine the monthly market rent for the property using a rental analysis or lease agreement.

02

Determine PITIA

We calculate your total monthly payment: Principal, Interest, Taxes, Insurance, and Association dues.

03

Compute DSCR Ratio

DSCR = Gross Rent ÷ PITIA. A ratio of 1.0 means rent covers the payment; 1.25 means 25% surplus.

04

Qualify & Close

Most programs require a DSCR of 1.0–1.25+. Some programs allow ratios below 1.0 with higher down payments.

Example: DSCR = $2,000 rent ÷ $1,600 PITIA = 1.25

This property generates 25% more income than its payment — a strong DSCR that qualifies with most lenders.

Qualification

DSCR Requirements

Minimum 620–680 credit score (varies by program)
DSCR ratio of 1.0 or higher (some programs allow below)
Down payment of 20%–25% for purchases
Property must be non-owner-occupied investment
1–4 unit residential or short-term rental eligible
Loan amounts typically $100K–$3M+
Reserves of 6–12 months PITIA required
No personal income documentation required

Grow Your Pensacola Portfolio

We work with investors across Pensacola, Gulf Breeze, Navarre, and the Emerald Coast. Let's run the numbers on your next deal. NMLS #103035.

Coastal Funding

Corporation

NMLS: 103035Licensed in FL, SC, TNEqual Housing Lender

Contact Us

(850) 725-6500
534 S Navy Blvd
Pensacola, FL

Mon–Fri: 9:00 AM – 5:00 PM

Sat–Sun: Closed

Ready to Get Started?

Our team is ready to help you find the perfect mortgage solution for your Pensacola home.

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