Investment Property Loans in Orlando, Florida - Rental & DSCR Financing
As an experienced mortgage loan officer serving Orlando and Orange County, I specialize in investment property loans florida for local homebuyers. Whether you're considering homes in Lake Nona, Baldwin Park, College Park, or other Orlando neighborhoods, our loan programs are tailored to the local market.
Why Choose Investment property in Orlando?
Orlando's real estate market in Orange County offers unique opportunities for homebuyers. With a median home price of $$395,000, our investment property loans florida programs help make homeownership accessible.
- DSCR loans qualify based on property income, not personal income - loans qualify based on property income, not personal income
- No tax returns required for many investor programs - tax returns required for many investor programs
- Finance multiple properties with portfolio lending - multiple properties with portfolio lending
- Cash-out refinancing to fund additional investments - refinancing to fund additional investments
- 30-year fixed or interest-only options available - fixed or interest-only options available
- Experience real estate investor specialist - real estate investor specialist
Investment property Requirements in Orlando
Understanding eligibility requirements helps Orlando homebuyers prepare for success. Here's what you need to qualify in Orange County:
| Requirement | Details | |-------------|---------| | Min Credit Score | 620+ for conventional, 640+ for DSCR | | Down Payment | 15-25% minimum for investment properties | | D S C R | 1.0+ (property income covers mortgage payment) | | Property Type | Single-family rentals, multi-family (2-4 units), condos | | Experience | No investor experience required for DSCR loans |
These requirements apply to Orlando and throughout Orange County. Your individual situation may qualify for exceptions or special programs.
Required Documents for Orlando Homebuyers
When applying for investment property loans florida in Orlando, you'll need to provide:
- Purchase contract or refinance details
- Rental income documentation or lease agreements
- Property tax bills
- Homeowners insurance information
- Personal bank statements (2 months)
- Asset documentation
- Photo identification
- For DSCR: Appraisal with rental income estimate
Orlando Investment Loan Timeline
Here's what to expect when getting investment property loans florida in Orlando:
| Stage | Timeline | |-------|----------| | Pre Qualification | 24-48 hours | | Appraisal | 7-14 days | | Processing | 14-21 days | | Closing | 30-45 days total |
Timeline may vary for Orlando properties based on market conditions in Orange County. We work efficiently to meet your deadlines.
Current Investment Rates in Orlando
Typical Rate Range: 7.0% - 8.5% APRInvestment property rates are typically 0.5-1.5% higher than primary residence rates. Varies by credit, LTV, and property type.
Orlando homebuyers should contact us for current rates specific to their situation in Orange County. Rates change daily based on market conditions.
Orlando Real Estate Market Insights
Market Overview: - Median Home Price: $$395,000 - County: Orange County - Population: 307,573 - Popular Neighborhoods: Lake Nona, Baldwin Park, College Park, Thornton Park, Winter Park Market Characteristics: Tourism-driven economy with strong job growth, theme park industry, and family-friendly communities. Popular for investment properties.Our local expertise in Orlando and Orange County helps you navigate the market and secure the best investment property loans florida terms for your situation.
NMLS & Licensing Information
Louis Doherty NMLS #60093 | Edge Home Finance Corporation NMLS #891464
Licensed mortgage loan officer serving Orlando, Orange County, and all of Florida. Equal Housing Opportunity Lender.
All loans subject to underwriting approval. Rates, fees, and programs subject to change. This is not a commitment to lend.