DSCR Program
A DSCR loan lets Florida rental-property investors qualify using the property’s rental income instead of personal pay stubs, W-2s, or tax returns. The debt service coverage ratio compares rental income with the property’s mortgage expenses. Quest Mortgage Services reviews the rent, property, credit, and down payment to determine eligibility; this program is for investment properties, not your primary home.
Get a Free Mortgage ConsultationNo personal income verification required
Qualify based on property rental income (DSCR)
No limit on number of financed properties
Available for short-term rentals and Airbnb
Loan amounts up to $3 million
Close in LLC or entity name
Identify your investment property and provide basic property details.
We calculate the Debt Service Coverage Ratio using projected or actual rental income.
Get approved without providing pay stubs, W-2s, or tax returns.
Close quickly and start building your real estate portfolio.
Eligibility
Property must be a non-owner-occupied investment (1–4 units, condos, or short-term rental)
DSCR of 1.0 or higher (lower DSCR available with larger down payment)
Minimum 620 credit score — best pricing at 700+
Down payment typically 20%–25%
Cash reserves of 6 months of PITIA payments
U.S. citizens, permanent residents, or LLCs eligible
The Process
We pull market rent or use your existing lease.
Rent ÷ PITIA = DSCR. We confirm the property qualifies.
Credit pull and approval — no income docs required.
Close in your name or entity, usually within 30 days.
FAQ
A Debt Service Coverage Ratio loan qualifies you based on the rental income of the subject property — not your personal income. The property's rent must cover (or exceed) the mortgage payment.
Most programs require a DSCR of 1.0 or higher (rent equals mortgage). Some allow sub-1.0 with a larger down payment, and DSCRs of 1.25+ get the best pricing.
Yes. We accept short-term rental income (AirDNA reports or actual booking history) for DSCR calculations on Miami short-term rentals where the city allows them.
No — there's no cap. DSCR loans don't count against the 10-financed-property conventional limit, making them ideal for scaling investors.
Yes. Most investors close in an LLC for liability protection. We work with your attorney to make sure the entity is properly structured.
Get In Touch
Have a question about buying, refinancing, or which program fits your situation? Reach out for a free consultation — Frank responds personally.
Phone
(305) 299-6995Office
3105 NW 107th Ave, Suite 400-H5, Miami, FL 33172