Qualify On The Rent Roll. Not Your Income.
MortgageHouz shops your 5-10 unit or multifamily deal across top Non-QM and wholesale investor lenders active in Florida — matching your NOI, property class, and goals to the program with the best rate and leverage. No personal income docs. No tax returns. No cap on units owned.
Serving Orlando, Tampa, Miami and multifamily investors across all of Florida.
Which Florida Multifamily Program Fits Your Deal?
Purchase · Refinance · Cash-Out · Value-Add. Florida's renter demand keeps climbing faster than new supply across Orlando, Tampa, and Miami, and 5-10 unit properties remain a sweet spot that's large enough to cash flow but small enough to stay outside most institutional buyers' radar.
Standard 5-10 Unit DSCR
The go-to loan for stabilized 5-10 unit properties in Florida. Rent roll and NOI cover the payment — close without a single tax return.
View Program →No-Ratio Multifamily DSCR
For high-value, low cap-rate Florida markets where NOI doesn't fully cover the payment. Cash flow isn't used to qualify at all.
View Program →High-Leverage Multifamily DSCR
Built for high-credit Florida investors who want to preserve capital and scale their multifamily portfolio faster.
View Program →Value-Add Bridge-to-DSCR
Short-term bridge financing to acquire and reposition an under-managed Florida 5-10 unit asset, converting to permanent DSCR once stabilized.
View Program →Jumbo Multifamily DSCR
For premium 5-10 unit and larger multifamily assets in Florida where standard DSCR loan limits fall short.
View Program →Built For Every Type Of Florida Multifamily Investor
Self-Employed & Business Owners
Your write-offs make your tax returns look thin. DSCR loans skip personal income entirely — the property qualifies on its own NOI.
Growing Portfolio Investors
No cap on how many units or financed properties you can hold in Florida, unlike conventional financing. Scale past conventional DTI limits.
Value-Add & Renovation Investors
Acquire an under-managed or under-rented 5-10 unit property, fund the rehab, and convert to permanent DSCR once stabilized.
LLC & Entity Investors
Vest in an LLC for liability protection and portfolio structure — most multifamily DSCR programs allow it without hesitation.
First-Time Multifamily Investors
No prior 5-10 unit ownership required on most programs. Compensating strength elsewhere — credit, reserves, down payment — can offset a first deal.
Cash-Out Refinance Investors
Tap the equity in a Florida multifamily property you already own to fund your next acquisition, with reasonable seasoning requirements.
From Application To Close In 4 Simple Steps
Submit Your Scenario
Tell us about the Florida property, the rent roll, and your goals. No credit pull to get started.
We Shop Your File
We compare your deal across multiple multifamily DSCR lenders to find the strongest rate and leverage.
Lock & Process
Once you choose a program, we lock your rate and manage underwriting start to finish.
Close & Fund
We coordinate appraisal, title, and the lender for an on-time close — often in as few as 15–21 days.
Ready To Scale Your Florida Portfolio?
No tax returns. No personal income docs. Just tell us about the property and we'll match you to the right program.
Request A Florida Quote Today →NOI Covers The Payment. You Qualify.
The core multifamily DSCR program for Florida 5-10 unit rental property investors. Qualification runs on the property's income — net operating income divided by the full housing payment — not your personal tax returns.
Loan Parameters
- Loan amounts from $500,000 to $3,500,000
- Min DSCR: 1.0x (1.25x+ unlocks best pricing)
- Max LTV: 75% purchase / 70% rate-term refi / 65% cash-out
- Min FICO: 660 (700+ for best terms)
- 30-year fixed, 5/1 ARM, and interest-only options
- Reserves: 6–9 months PITIA
Income & Eligibility
- No tax returns, W-2s, or personal income verification
- Qualifying income from rent roll, leases, or appraiser NOI analysis
- No cap on number of financed properties or units
- First-time multifamily investors accepted with compensating strength
- LLC and entity vesting allowed
Property Types
- 5–10 unit multifamily properties
- Mixed residential/light-commercial considered case-by-case
- Must be stabilized and at or near market occupancy at closing
Ideal Use Of Funds
- Purchase of a new Florida multifamily property
- Rate-and-term refinance of an existing rental asset
- Cash-out refinance to fund the next acquisition
- Portfolio scaling beyond conventional loan caps
Get Your Florida Standard Multifamily DSCR Quote
The rent roll covers the payment — the deal qualifies. Let's run your numbers.
Request A Quote →Low-Yield Florida Market? Still Qualifies.
Built for high-value, low cap-rate Florida markets where NOI doesn't fully cover the mortgage payment. Cash flow isn't used to qualify at all — appreciation and equity carry the deal.
Loan Parameters
- Loan amounts from $500,000 to $3,500,000
- No minimum DSCR — rental cash flow is not used to qualify
- Max LTV: 65% — larger down payment offsets the ratio waiver
- Min FICO: 680
- 30-year fixed and interest-only structures available
- Reserves: 9 months PITIA
Income & Eligibility
- No tax returns, W-2s, or income verification of any kind
- No rent roll or appraisal-based income figure required to qualify
- Best fit for appreciating Florida markets and low cap-rate metros
- LLC and entity vesting allowed
Property Types
- 5–10 unit multifamily properties
- Negative cash flow properties eligible
- Value-add and repositioning assets considered
Ideal Use Of Funds
- Buying in premium, low-yield Florida rental markets
- Deals where appreciation outweighs monthly cash flow
- Investors who don't want the file tied to a rent survey
Get Your Florida No-Ratio Multifamily DSCR Quote
The NOI doesn't have to cover the payment. Let's see if this is your path.
Request A Quote →Preserve Capital. Scale Faster.
For high-credit Florida investors who want to keep more cash on hand for the next deal. The lowest down payment in the multifamily DSCR lineup for strong files.
Loan Parameters
- Loan amounts from $500,000 to $3,000,000
- Down payment as low as 20% for qualified files
- Max LTV: 80%
- Min DSCR: 1.0x — 1.25x+ for the deepest leverage
- FICO target: 700+ to unlock top-tier LTV
- Reserves: 6 months PITIA
Income & Eligibility
- No tax returns, W-2s, or personal income verification
- Strongest pricing rewards higher credit and DSCR together
- LLC and entity vesting allowed
- No cap on number of financed properties or units
Property Types
- 5–10 unit multifamily properties
- Must be stabilized and rent-ready at closing
Ideal Use Of Funds
- Florida investors prioritizing capital preservation over rate
- Buyers who want to fund multiple deals with less cash down per property
- Well-qualified repeat investors scaling a multifamily portfolio
Get Your Florida High-Leverage Multifamily Quote
Put down less, keep more cash for your next Florida acquisition.
Request A Quote →Under-Managed Asset? Reposition It.
Short-term bridge financing to acquire and renovate an under-performing Florida 5-10 unit property, with a built-in path to convert into permanent DSCR financing once the asset is stabilized.
Loan Parameters
- Loan amounts from $750,000 to $5,000,000
- Up to 85% of purchase price + 100% of renovation budget
- Max total leverage: 75% of as-stabilized value
- Min FICO: 660
- Interest-only bridge term: 12–24 months
- Converts to permanent multifamily DSCR loan upon stabilization
Income & Eligibility
- No tax returns or personal income verification
- Underwritten on as-stabilized NOI and sponsor experience
- Prior value-add or property management experience preferred, not always required
- LLC and entity vesting allowed
Property Types
- 5–10 unit multifamily properties needing renovation or lease-up
- Below-market occupancy or deferred-maintenance assets eligible
- Florida value-add and repositioning opportunities
Ideal Use Of Funds
- Acquiring an under-managed or under-rented Florida multifamily property
- Funding unit renovations, common-area upgrades, or deferred maintenance
- Bridging the gap between acquisition and stabilized permanent financing
Get Your Florida Value-Add Bridge Quote
Acquire, renovate, stabilize, and convert — all in one financing relationship.
Request A Quote →Bigger Property. Bigger Leverage.
For premium and large-balance 5-10 unit and multifamily properties in Florida where standard DSCR loan limits fall short. Sharpened pricing at higher loan amounts.
Loan Parameters
- Loan amounts from $3,000,000 to $10,000,000
- Min DSCR: 1.0x (1.25x+ for best pricing)
- Max LTV: 70%
- Min FICO: 700
- Fixed and ARM structures with buydown options
- Reserves: 9–12 months PITIA
Income & Eligibility
- No tax returns, W-2s, or personal income verification
- Qualification based on property NOI and third-party appraisal
- Strong credit and deep reserves expected at this loan size
- LLC and entity vesting allowed
Property Types
- Premium 5–10 unit and larger multifamily assets
- Class A/B properties in strong Florida submarkets
- Institutional-quality construction and finishes preferred
Ideal Use Of Funds
- Acquiring high-value Florida multifamily properties
- Refinancing a large-balance investment property
- Portfolio investors moving into premium Florida markets
Get Your Florida Jumbo Multifamily Quote
Larger property, larger loan — let's find the right structure.
Request A Quote →