![]() What might that do to property values? Florida has its share of rivers, despite the lack of elevation change (its highest point is only 345 feet above sea level). I mention this, not to make you thirsty for a glass of clean, cold water, but to bring up that Nevada and Arizona may have their water allotment from the Colorado River cut. (Here’s a bit of trivia: what is the only state without a naturally occurring body of water large enough to have a name?) Nebraska has the most rivers. In Florida there are approximately 3,000 lakes, not enough to make it onto the leader board of states with the most named lakes (Minnesota, Wisconsin, Michigan, and Alaska are up there). Mortgage Backed Bonds and Securitization.Call our Florida mortgage broker to learn more about Florida DSCR loans or fill out the form to get an instant quote. LBC Mortgage provides DSCR loans in Florida with down payments of as little as 20%, and the application is simple. A DSCR loan may be perfect for you if you are ineligible for a regular mortgage loan or want a loan customized specifically to investors. Apply for a DSCR Loan in FloridaĪs profitable as real estate investing may be, getting a loan to buy rental homes can be challenging. If you’re considering investing in real estate property in Florida, a DSCR loan may be the right option for your needs. You can receive the cash you need to invest in Florida rental homes if you have a good DSCR. This allows more borrowers to get a loan and step into the world of real estate investing. The most significant advantage of Florida DSCR loans is that you may be eligible for one even if you are ineligible for a conventional loan in Florida. First-time real estate investors are allowed. ![]() Interest-only loan payment is available.Airbnb short-term rental income is allowed.Non-warrantable condo investments are allowed.Close a loan in the U.S.-based corporation, LLC, and/or partnership.Low debt service coverage ratio qualifications of 1.0 (qualify on the property’s cash flow only).No limit to the number of investment properties owned or financed. ![]()
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