West Palm Beach DSCR Loans – Investment Property Financing
Secure rental property mortgages based on cash flow, not your personal income. CTC’s DSCR loan programs help West Palm Beach investors grow their portfolios—no tax returns, no W-2s required.
Debt Service Coverage Ratio Loans for Investors
A DSCR (Debt Service Coverage Ratio) loan qualifies you for an investment property mortgage using the property’s rental income, not your own earnings. If the rent covers the mortgage—usually with a DSCR of 1.1 or higher—you can qualify, even if you already own multiple properties or have low personal income.
Why Use a DSCR Loan in West Palm Beach?
No Personal Income Documentation
Get approved without W-2s or tax returns.
Finance Multiple Rentals
No cap on total number of financed properties with many DSCR programs.
LLC Ownership Allowed
Title the property in your business name for asset protection.
Interest-Only Payment Options
Maximize cash flow, ideal for portfolio growth.
Lighter Documentation
Fast, streamlined approvals focused on the property’s income.
Leverage Palm Beach County’s Hot Rental Market
With rising rents and high demand, West Palm Beach is prime for investors. DSCR loans help you buy condos, single-family rentals, or multi-units—just qualify based on the property’s projected or current rent. Many clients use DSCR loans to finance Airbnb or short-term rentals, subject to appraisal and lender guidelines.
DSCR Loan Requirements & Guidelines
- Minimum DSCR: Typically 1.1–1.2 (property rent ÷ mortgage payment)
- Credit Score: Most programs require 680+, but options may exist down to 660
- Down Payment: Usually 20–25% for purchases; ask about lower options for strong files
- Interest Rates: Expect rates in the 7–9% range (higher than
conventional, but offset by rental yields)
- Property Types: Single-family, condos, townhomes, multi-units, and some vacation rentals
Use our
rental property loan calculator to estimate your cash flow and qualification.
The CTC Advantage for Real Estate Investors
Investor-Focused Expertise
We can close fast, help structure LLC purchases, and provide insight on local rent trends.
Flexible Programs
DSCR loans for properties across Florida, Georgia, and North Carolina.
Proven Results
Our investor client base grew by 50% last year—a testament to our success with DSCR loans.
Looking for creative options? Explore our full suite of specialty mortgage programs.
DSCR Loan FAQ – West Palm Beach
Frequently Asked Questions
What DSCR is needed to qualify?
Most lenders require a minimum DSCR of 1.1–1.2. DSCR is calculated by dividing monthly rent by the mortgage payment (PITIA).
Do I need to show any personal income or tax returns?
No. DSCR loans qualify based on the property’s income. Basic credit and asset verification are still required.
Can I use a DSCR loan for an Airbnb or short-term rental?
Yes, many lenders allow it with a proper rental appraisal. CTC can advise on short-term rental guidelines.
How many investment properties can I finance with DSCR loans?
There’s usually no set limit—many investors use DSCR loans to scale to 10+ properties.
Are rates higher for DSCR loans?
Yes, DSCR loans typically have rates 1–2% higher than conventional mortgages due to added risk, but high rents often offset this.
Ready to Grow Your Portfolio With DSCR Loans?
Break free from bank limits and let your rental income qualify you. Contact our West Palm Beach investor team for a confidential analysis and see how DSCR loans can fuel your next investment.