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— DSCR RENTAL LOANS · MIAMI, FL

DSCR Loans in Miami
No W-2. No Tax Returns.

Miami real estate investors: finance rental properties using the property's income — not your personal income. 30-year fixed terms. 660+ credit. LLC borrowing. Close in 10 days.

Check My Miami Rate →
5.99%
From Rate
80%
Max LTV
$5M
Max Loan
10 Days
Close

DSCR Loans in Miami, FL — Key Facts for Investors

Why Miami Is a Strong Market for DSCR Loans Investors

Miami is an international market with constant inflow from Latin America, Europe, and domestic high-net-worth buyers. Tax-free Florida, warm weather, and post-pandemic remote work brought permanent migration. STR (short-term rental) is particularly strong — properties in Brickell, Wynwood, and Miami Beach generate significantly higher yields than traditional long-term rentals.

Median Price
$535,000
Citywide
Rental Yield
5.2%
Average gross
Appreciation
7.1%
YoY
Metro Pop
6.2M
Greater Miami

Active Miami Investor Neighborhoods

MIAMI

Wynwood

Active investor market with strong rental demand and dscr activity.

MIAMI

Brickell

Active investor market with strong rental demand and dscr activity.

MIAMI

Coconut Grove

Active investor market with strong rental demand and dscr activity.

MIAMI

Coral Gables

Active investor market with strong rental demand and dscr activity.

MIAMI

Little Havana

Active investor market with strong rental demand and dscr activity.

We also fund investments throughout the greater Miami metro including Coral Gables, Doral, Pinecrest, Homestead, and Aventura.

Recent Miami Closings

SFR Purchase · Wynwood
$428K Loan
Closed
1.35x DSCR · 75% LTV · 30-yr fixed · 720 FICO · closed in 14 days
4-Unit Multifamily · Brickell
$1177K Loan
Closed
1.42x DSCR · 70% LTV · LLC borrowing · 680 FICO · closed in 21 days
Cash-Out Refi · Coconut Grove
$347K Loan
Closed
1.28x DSCR · 70% LTV cash-out · 700 FICO · closed in 18 days

Key Considerations for Miami Investors

DSCR ratio qualification

Miami rental properties typically need a DSCR of 1.10x to 1.25x to qualify. Higher DSCR unlocks better pricing. Properties in Coral Gables often qualify easily on gross rent alone.

Property type considerations

Miami markets favor SFR, 2-4 unit multifamily, and small apartment buildings. Some lenders impose condo restrictions. STRs require DSCR programs that accept projected revenue.

LLC and entity borrowing

All LendingStreet DSCR programs in Miami allow LLC borrowing with personal guarantees. Standard for asset protection.

Cash-out refi strategy

Miami's 7.1% YoY appreciation makes cash-out refinancing attractive. Typical caps: 70-75% LTV. Use equity to acquire more Miami properties.

Frequently Asked Questions — Miami DSCR Loans

Can I get a DSCR loan in Miami without tax returns?

Yes. DSCR loans qualify based on the Miami rental property's projected income — not your personal income. No W-2, no tax returns required.

What is the minimum credit score for a Miami DSCR loan?

Most Miami DSCR programs require a minimum 660 credit score. Some programs allow 640 with compensating factors.

What DSCR ratio do I need for a Miami property?

Most lenders require a minimum DSCR of 1.00x. Better pricing kicks in at 1.20x+. Miami rental yields average 5.2% making 1.20x achievable in most submarkets.

Can I borrow in an LLC for a Miami rental property?

Yes. LendingStreet DSCR loans in Miami allow borrowing in an LLC with a personal guarantee.

How fast can a DSCR loan close in Miami?

Miami DSCR loans typically close in 14-21 days from complete application. Well-prepared borrowers can close in 10-14 days.

Does DSCR work for short-term rentals in Miami?

Yes. STR-specific DSCR programs qualify based on projected short-term rental revenue. Some Miami areas have STR restrictions — verify local rules.

What's the maximum loan amount on a Miami DSCR?

Standard DSCR loans in Miami go up to $5M. Jumbo DSCR programs extend to $10M+ for qualified borrowers.

Can I refinance my existing Miami rental with a DSCR loan?

Yes. Rate-and-term refis and cash-out refis are available on Miami rentals. Cash-out caps at 70-75% LTV.

Related Miami Loan Programs

Fix & Flip in Miami → Bridge in Miami → Construction in Miami → DSCR Loans in Florida →

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