DSCR Loans Delray Beach, Florida
Finance a Delray Beach rental on its income — no tax returns, no W-2s. With its vibrant Atlantic Avenue downtown and popular beach, Delray commands premium long-term and seasonal rents in one of Palm Beach County's hottest markets.
- Qualify on the property's rent — no tax returns or W-2s
- Rates from 5.75% · up to 85% LTV · DSCR from 0.75x
- Vibrant downtown + beach · premium seasonal & long-term rents
- SFR, Condo, 2–4 Unit, Multi-Family & Commercial Considered
- LLC & foreign nationals OK · no cap on financed properties
Delray Beach DSCR Loans — Key Facts (2026)
- What it is: A business-purpose rental loan that qualifies on the property's rent ÷ payment (DSCR), not your personal income.
- Market: Palm Beach County (South Florida). Premium downtown + beach seasonal demand.
- Max LTV: Up to 85% (purchase) · 75–80% cash-out. Min DSCR: from 0.75x.
- Minimum FICO: 620+ (best pricing 720–780+). Rates: from 5.75%.
- Closing: as fast as 14 days. Vesting personal, LLC, or entity — foreign nationals eligible.
- Lender: CambridgeHomeLoan.com — direct DSCR lender since 1998, NMLS #1826020.
DSCR Loans in Delray Beach
What is a DSCR loan in Delray Beach, Florida?
A Delray Beach DSCR loan qualifies on the property's rent divided by its full payment (PITIA), not your income. Delray's walkable Atlantic Avenue downtown and beach drive premium furnished, seasonal, and long-term demand, while west-of-I-95 neighborhoods offer more attainable family cash flow. High prices and coastal insurance make careful PITIA underwriting essential.
| Qualifies on | The property's rent ÷ PITIA (DSCR) — no personal income |
| Rates from | 5.75% (Tier 1; see rate table below) |
| Max LTV | Up to 85% (purchase) · 75–80% cash-out |
| Min DSCR | From 0.75x with compensating factors · no-ratio options |
| Min FICO | 620+ (best pricing 720–780+) |
| Vesting | Personal or LLC · foreign nationals eligible · no property cap |
| County | Palm Beach County (South Florida) |
How we compare
CambridgeHomeLoan vs. Top National DSCR Lenders
Delray Beach investors shop DSCR terms hard. Here's how our program stacks up against the terms commonly advertised by top national DSCR lenders. Where we lead, it's highlighted.
| Feature | CambridgeHomeLoan | Top National Lenders (typical) |
|---|---|---|
| Rates from | 5.75% | ~5.75–6.5%+ |
| Max LTV (purchase) | Up to 85% | Typically 80% (85% only for 740+ FICO, smaller loans) |
| Min DSCR | From 0.75x | 1.0 standard (0.75 with factors) |
| Min FICO | 620 | 620–640 |
| Max loan amount | $20M+ | Commonly $3M–$5M |
| Foreign nationals | Yes — LLC, entity & foreign nationals | Limited / program-dependent |
| Fastest closing | As fast as 14 days | Varies |
| Model | Direct lender since 1998 | Direct lender |
"Top national lenders" reflects terms commonly advertised across the DSCR market on publicly published program pages as of July 2026, subject to change. Typical ranges for general comparison, not the terms of any single lender.
Delray Beach market data
Delray Beach rental market at a glance (2026)
Representative 2026 market indicators for underwriting context — confirmed per property by a Form 1007 appraisal and a real insurance quote.
| Avg. monthly rent (2026) | ~$2,600–$4,000 (higher downtown/beach) |
| Typical SFR price | $550K–$1M+ in most areas |
| Property tax (Palm Beach) | ~1.0–1.1% effective |
| Insurance | High near coast; model $4K–$8K/yr |
| Investor angle | Premium downtown + beach seasonal demand |
Approximate 2026 figures for illustration; not guarantees. Verify current data for your specific property.
Delray Beach neighborhoods
Where Delray Beach rentals pencil for DSCR
Delray DSCRs run tight on the premium coast; West Delray and seasonal furnished improve the ratio.
| Submarket | Typical monthly rent (2026)* | DSCR outlook |
|---|---|---|
| Downtown / Atlantic Ave | $3,000–$5,500 | Walkable premium; appreciation |
| Beach district | $3,200–$6,000 (STR) | Atlantic-front vacation premium |
| West Delray | $2,600–$3,600 | Attainable family SFR |
| Lake Ida | $2,900–$4,200 | Established premium neighborhood |
| Boynton Beach (adjacent) | $2,300–$3,300 | More attainable coastal |
*Approximate 2026 ranges for illustration — verify current rents for the specific address (an appraiser Form 1007 sets the qualifying figure).
Free tool
Delray Beach rent & DSCR calculator
Enter the property's monthly rent, your loan, and carrying costs to estimate your DSCR (rent ÷ PITIA) and monthly cash flow. Illustrative only — final DSCR uses the appraiser's Form 1007 rent and quoted insurance.
Property & loan
Carrying costs (Palm Beach County (South Florida))
Illustrative only; not a rate quote or commitment to lend. We confirm rent with a Form 1007.
Worked example
A real Delray Beach DSCR scenario
A West Delray single-family rents for $3,000/month. On a $520,000 loan at ~7.25% (30-yr), P&I is ~$3,547; add Palm Beach taxes (~$500/mo on a $625K value) and coastal insurance (~$583/mo) and PITIA is ~$4,630 — a DSCR near 0.65x, so Delray buyers add down payment, go west, or use seasonal furnished/STR income. Illustrative only; confirmed by a Form 1007.
Rates
Delray Beach DSCR rate tiers (2026)
| Tier 1 (780+ FICO, ≤65% LTV) | From ~5.75% — strongest pricing |
| Tier 2 (720–779, ≤75% LTV) | ~6.25–7.00% |
| Tier 3 (660–719, ≤80% LTV) | ~7.00–7.75% |
| Tier 4 (620–659, up to 85% LTV) | ~7.75–8.50% |
Illustrative tiers, subject to change and underwriting; DSCR ratio, property type, and reserves also affect pricing. Not a rate quote.
Short-term rentals
Airbnb & short-term rentals in Delray Beach
Delray Beach regulates short-term rentals, and demand includes strong seasonal furnished leasing. DSCR loans qualify permitted STR or seasonal income from a Form 1007 plus a market schedule. Verify the address and zone first. For the statewide rulebook, see our guide to Florida short-term rental laws by city, and our Florida vacation rental loan for STR-income financing.
Requirements
Delray Beach DSCR loan requirements
| Down payment | Typically 20–25% (purchase) |
| Credit | 620+ FICO; best pricing at 720–780+ |
| DSCR | From 0.75x (with factors); 1.0x+ standard; 1.25x+ best pricing |
| Reserves | Typically 3–6 months of PITIA |
| Rent proof | Lease, or appraiser Form 1007 market rent for vacant/purchase |
| Vesting | Individual, LLC, or entity · foreign nationals eligible |
| Uses | Purchase, rate-and-term refinance, cash-out |
Answers
Delray Beach DSCR loan FAQ
Can I finance a Delray Beach seasonal or vacation rental with a DSCR loan?
Yes, where permitted. Downtown and beach demand supports premium seasonal and short-term income, which DSCR loans qualify from a Form 1007 plus a market schedule.
Which Delray areas cash-flow best for DSCR?
West Delray offers the most attainable family cash flow, while downtown and the beach lean on premium and seasonal demand with higher carrying costs.
How does insurance affect a Delray Beach DSCR loan?
Near the coast it's a major PITIA line; we underwrite the real quote so your DSCR reflects true carrying cost.
Do you lend to foreign nationals in Delray Beach?
Yes. Palm Beach County is an active international and seasonal market; our programs qualify on the property's income with no U.S. income docs.
Keep exploring
Related Delray Beach & Florida investor loans
© 2026 CambridgeHomeLoan.com · NMLS #1826020 · 4830 W Kennedy Blvd, Tampa, FL 33609 · (800) 826-5077 · Equal Housing Lender. DSCR loans are for business-purpose, non-owner-occupied investment properties only and are not available for primary residences. Rates, terms, LTV, and DSCR minimums are illustrative, subject to change without notice, and subject to borrower and property qualification and underwriting approval. Rate shown "from 5.75%" reflects the lowest advertised tier for the strongest borrower profiles and is not a rate quote or commitment to lend. Rental income figures are market estimates for illustration only and are confirmed by a Form 1007 appraisal on your specific property. Short-term-rental regulations vary by municipality — verify zoning and registration before purchase. Comparisons reflect publicly available information as of July 2026 and are not endorsements or affiliations. This page is informational and does not constitute financial, legal, tax, or investment advice.