DSCR Loans St. Augustine, Florida
Finance a St. Augustine rental on its income — no tax returns, no W-2s. The nation's oldest city, St. Augustine pairs a strong historic-tourism short-term rental market with affluent St. Johns County family demand and top schools.
- Qualify on the property's rent — no tax returns or W-2s
- Rates from 5.75% · up to 85% LTV · DSCR from 0.75x
- Historic tourism STR · top-school St. Johns County demand
- SFR, Condo, 2–4 Unit, Multi-Family & Commercial Considered
- LLC & foreign nationals OK · no cap on financed properties
St. Augustine 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: St. Johns County (Northeast Florida). Historic tourism STR + top-school family 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 St. Augustine
What is a DSCR loan in St. Augustine, Florida?
A St. Augustine DSCR loan qualifies on the property's rent divided by its full payment (PITIA), not your income. St. Augustine's year-round historic tourism drives strong short-term rental demand near the old city and beaches, while top-rated St. Johns County schools anchor affluent long-term family rentals. Coastal insurance is a key PITIA line near the water.
| 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 | St. Johns County (Northeast Florida) |
How we compare
CambridgeHomeLoan vs. Top National DSCR Lenders
St. Augustine 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.
St. Augustine market data
St. Augustine 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) | ~$2,000–$3,000 (higher historic/beach STR) |
| Typical SFR price | $400K–$600K in most areas |
| Property tax (St. Johns) | ~0.8–0.9% effective (low) |
| Insurance | Elevated near coast — wind/flood; model $3K–$6K/yr |
| Investor angle | Historic tourism STR + top-school family demand |
Approximate 2026 figures for illustration; not guarantees. Verify current data for your specific property.
St. Augustine neighborhoods
Where St. Augustine rentals pencil for DSCR
St. Augustine's DSCR splits between historic/beach STR premiums and steady top-school family rentals.
| Submarket | Typical monthly rent (2026)* | DSCR outlook |
|---|---|---|
| Historic District | $2,600–$4,500 (STR) | Tourism vacation premium |
| St. Augustine Beach / Anastasia | $2,600–$4,000 (STR) | Beach vacation premium |
| World Golf Village | $2,200–$3,000 | A-class family SFR |
| West Augustine / inland | $2,000–$2,600 | Value; steady demand |
| St. Johns / Nocatee (adjacent) | $2,400–$3,400 | Top-school master-planned |
*Approximate 2026 ranges for illustration — verify current rents for the specific address (an appraiser Form 1007 sets the qualifying figure).
Free tool
St. Augustine 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 (St. Johns County (Northeast Florida))
Illustrative only; not a rate quote or commitment to lend. We confirm rent with a Form 1007.
Worked example
A real St. Augustine DSCR scenario
An inland St. Augustine single-family rents for $2,300/month. On a $420,000 loan at ~7.25% (30-yr), P&I is ~$2,866; add St. Johns taxes (~$333/mo on a $500K value) and coastal insurance (~$375/mo) and PITIA is ~$3,574 — a DSCR near 0.64x on a long-term lease, which historic/beach STR income pushes well past 1.0x. Low St. Johns taxes help. Illustrative only; confirmed by a Form 1007.
Rates
St. Augustine 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 St. Augustine
St. Augustine and St. Johns County regulate short-term rentals, and the Historic District and beaches are strong tourism STR markets with registration rules. DSCR loans qualify permitted STR 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
St. Augustine 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
St. Augustine DSCR loan FAQ
Can I finance a St. Augustine Historic District or beach STR with a DSCR loan?
Yes, where registered and permitted. Year-round historic tourism and beach demand support strong nightly revenue, which DSCR loans qualify from a Form 1007 plus a market STR schedule.
Which St. Augustine areas cash-flow best for DSCR?
Inland and World Golf Village family rentals cash-flow steadily; the Historic District and beaches lean on STR premiums with higher insurance.
How does insurance affect a St. Augustine DSCR loan?
Near the coast it's a key PITIA line, though St. Johns County's low property taxes help offset it; we underwrite the real quote.
Do you lend to foreign nationals in St. Augustine?
Yes. Our programs qualify on the property's income with no U.S. income docs.
Keep exploring
Related St. Augustine & 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.