DSCR Loans in St. Augustine, FL | Investment Property Financing Made Simple
Leo Namiot Mortgage Lender | Leo Lends FL Home Loans
If you’re a real estate investor in St. Augustine, Jacksonville, Palm Coast, or across St. Johns County, DSCR loans are one of the most powerful ways to grow your rental portfolio in today’s market.
What Is a DSCR Loan?
A Debt Service Coverage Ratio (DSCR) loan allows you to qualify based on your property’s rental income—not your personal income. That means no W-2s, tax returns, or traditional income verification.
Instead, lenders evaluate whether the property generates enough income to cover the mortgage payment.
Why DSCR Loans Are Popular in Northeast Florida
With strong rental demand in St. Augustine and surrounding areas, investors are turning to DSCR financing because:
- Qualify using rental income
- Ideal for short-term rentals (Airbnb/VRBO)
- No debt-to-income (DTI) restrictions
- LLC ownership allowed
- Fast closings
DSCR Loan Requirements (Typical)
- Down payment: 15%–25%
- Credit score: Typically 620+
- DSCR ratio: 1.0+ (some flexibility available)
- Loan-to-value: up to 80–85%
Down Payment for DSCR Loans
DSCR loans are designed for investment properties, so they require a down payment, typically starting at 15%. The exact amount depends on credit, property type, and projected rental income.
The stronger the deal (higher rental income vs. mortgage payment), the better your loan terms.
Who DSCR Loans Are Perfect For
- Real estate investors scaling portfolios
- Self-employed borrowers
- Short-term rental investors
- Buyers with complex income situations
Why Work With Leo Namiot Mortgage Lender?
At Leo Lends FL Home Loans, we specialize in DSCR loans in St. Augustine, FL and Northeast Florida. We help investors:
- Get fast pre-approvals
- Structure deals for maximum cash flow
- Access flexible Non-QM loan options
- Close quickly and efficiently
Ready to Invest in St. Augustine Real Estate?
DSCR loans make it easier than ever to build wealth through rental properties—without the red tape of traditional financing.
Let’s see if you qualify.
Simple process. Fast approvals. Investor-focused solutions.
Call/Text 904.712.1500
Leo Namiot
Mortgage Lender
NMLS#89769 | Equal Housing Lender
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