Florida Vacation Rental Loans
Finance a Florida Airbnb, Vrbo, or vacation rental on the property’s rental income – not your tax returns. Documented short-term-rental income can qualify the loan, with a 0.75x DSCR floor, rates from 5.75%, and up to 85% LTV on purchase.
- Short-term-rental income (Airbnb / Vrbo) can qualify the loan
- DSCR floor of 0.75x, with reserves – lower than most DSCR programs require
- Up to 85% LTV on purchase · FICO from 620
- Beach condos, pool homes, waterfront & more · no-seasoning cash-out
- Fast 14-day closings · foreign nationals & first-time investors welcome, close in an LLC
- Tell us about the propertyAddress, expected or documented rental income, and purchase price or value.
- Use your rental incomeAirbnb / Vrbo history or a market-based projection can qualify the loan.
- Close in as fast as 14 daysSmooth processing, no personal income documentation.
Florida Vacation Rental Loans at a Glance
- Qualifying income: Documented short-term-rental (Airbnb/Vrbo) income can qualify the loan – not just a long-term lease.
- DSCR floor: 0.75x, with reserves – a lower bar than the 1.0x-1.25x floor most DSCR lenders require.
- Leverage: Up to 85% LTV on purchase.
- Credit: FICO from 620 accepted.
- Rate: From 5.75%.
- Property types: Beach and beach-area condos, pool homes, waterfront and canal homes, villas and townhomes.
- Speed: Fast 14-day closings with smooth processing and expert support.
- Seasoning: No-seasoning options – buy or cash-out refinance with no waiting period.
- Borrower flexibility: Foreign nationals and first-time investors welcome, and you can close in an LLC.
- Personal income: No personal income or employment verification.
- Statewide: We fund vacation rental loans across Florida.
- Lender: CambridgeHomeLoan.com – direct lender since 1998, NMLS #1826020.
What sets us apart
Underwriting that understands short-term-rental income
Vacation rental income doesn’t look like a 12-month lease. It swings with the season, the nightly rate, and occupancy – and plenty of DSCR lenders either refuse to count it or fall back on a conservative long-term-rent guess that undersells a strong Florida short-term rental.
We look at the income the property actually earns. Documented Airbnb or Vrbo platform history can be used to qualify, and for properties that are new to renting, a market-based nightly rate and occupancy projection can be used instead. Florida vacation rentals also come with their own considerations – local short-term-rental rules and HOA or condo restrictions – so we look at the address itself rather than treating every Florida property the same.
Eligible properties
Florida vacation rental properties we finance
From a beachfront condo to a pool home near the theme parks, we look at the deal on its merits:
Beachfront & Beach-Area Condos
Gulf and Atlantic coast condo units, financed on their short-term-rental income.
Pool Homes
Single-family vacation homes with pools, popular near the Orlando-area theme parks.
Waterfront & Canal Homes
Canal-front, bay, and lake homes with boating and water access.
Villas & Townhomes
Resort-style villas and townhomes, evaluated deal by deal for rental eligibility.
Vacation rental financing
What is a vacation rental loan?
A vacation rental loan is a DSCR (debt service coverage ratio) loan for a short-term-rental property – the kind of Airbnb or Vrbo property that earns nightly or weekly rental income. DSCR compares the property’s rental income to its monthly loan payment (principal, interest, taxes, insurance, and HOA if applicable), so you qualify on the property’s performance instead of your personal income, tax returns, or employment history.
Most DSCR lenders require a ratio of 1.0x or higher, and some require 1.15x or 1.25x for their best pricing. We accept a DSCR floor as low as 0.75x, with reserves, which opens the door to short-term rentals still ramping up bookings and seasonal Florida markets where cash flow needs a little more underwriting flexibility. Documented short-term-rental income – Airbnb or Vrbo platform history, or a market-based nightly rate and occupancy projection – can be used to qualify.
| Qualifying income | Documented short-term-rental income (Airbnb / Vrbo history or market-based projection) |
| DSCR floor | 0.75x, with reserves |
| Leverage | Up to 85% LTV on purchase |
| Credit | FICO from 620 accepted |
| Rate | From 5.75% |
| Property types | Condos, pool homes, waterfront and canal homes, villas and townhomes |
| Seasoning | No-seasoning options – buy or cash-out refinance with no waiting period |
| Borrower | Individual, LLC, or entity · foreign nationals and first-time investors welcome |
Programs
Florida vacation rental loan programs
The same short-term-rental-friendly DSCR underwriting supports several ways to buy, refinance, or scale a Florida vacation rental portfolio:
Purchase
Buy a vacation rental, qualified on documented or projected short-term-rental income.
No-Seasoning Cash-Out
Refinance and pull cash out right after purchase or renovation, without waiting out a standard seasoning period.
STR Income Qualification
Use platform earnings history or a market-based projection – not just a long-term lease – to qualify.
Portfolio & LLC Financing
Close in an LLC and keep adding Florida vacation rentals without personal income documentation.
Free tool
Florida vacation rental DSCR calculator
Estimate a vacation rental’s DSCR from its nightly rate and occupancy instead of a flat monthly lease. Enter your numbers to see estimated rental income, loan payment, and DSCR. Illustrative only; your actual quote uses documented income or a market-based projection for the property.
Your property
Illustrative only; not a commitment to lend. Rental income is estimated as nightly rate x 365 x occupancy, less the fee percentage entered. A DSCR of 1.00x or higher means income fully covers the payment; between 0.75x and 1.00x can still qualify with reserves. Excludes closing costs. All inputs are examples – your actual quote is based on documented short-term-rental income or a market-based projection for the property.
How we compare
CambridgeHomeLoan vs. typical Florida DSCR lenders
Many DSCR lenders active in Florida only count long-term lease income, require a full 1.0x DSCR, and pull your credit before they’ll even give you a ballpark quote. Here is how our vacation rental program typically differs. Where we lead, it is highlighted.
| Feature | CambridgeHomeLoan | Typical Florida DSCR Lenders |
|---|---|---|
| Short-term-rental income | Airbnb / Vrbo income can qualify | Often long-term lease only |
| DSCR floor | 0.75x, with reserves | Often 1.0x-1.25x minimum |
| Quote process | No credit pull to quote | Often requires a credit pull upfront |
| Seasoning | No-seasoning cash-out available | Often a 6-12 month wait |
| Condos & unique properties | Considered case by case | Frequently declined outright |
| Borrower | LLCs, foreign nationals, first-time investors | Often limited |
| Time to close | As fast as 14 days | Often 21-45+ days |
Typical-lender column is a generic composite of commonly seen terms as of 2026, subject to change, and does not describe any specific lender. For general comparison only.
Top vacation markets
Florida vacation rental loans by city
Florida’s vacation markets each have their own guests, seasons, and rental rules – a Kissimmee pool home, a Destin beach condo, and a Key West getaway all earn and operate very differently. Here are some of the state’s most popular vacation rental cities:
Orlando
Year-round theme-park and convention demand drives steady short-term-rental bookings.
Kissimmee
A long-time hub for pool homes and vacation villas close to the Orlando-area theme parks.
Miami
International visitors and year-round events support condo and townhome short-term rentals.
Fort Lauderdale
Beach, boating, and cruise-port traffic make it a strong market for waterfront and condo rentals.
Destin
Emerald Coast beaches and a busy summer season support beachfront and beach-area rentals.
Panama City Beach
A popular Gulf Coast destination for family vacation rentals and beach condos.
Key West
A premium island getaway with high nightly rates and strong repeat-guest demand.
Naples
Upscale Gulf Coast market with strong winter-season demand for vacation homes and condos.
Clearwater
Clearwater Beach draws steady tourism, supporting condo and beach-area short-term rentals.
Sarasota
Beaches, arts, and Siesta Key appeal support both island and mainland vacation rentals.
Cape Coral
Canal-front homes with boating access are a staple of Southwest Florida short-term rentals.
St. Augustine
Historic-district charm and beaches attract year-round visitors to boutique and beach rentals.
If your city is not listed here, we are still funding vacation rental loans in that city – submit your application and we’ll take it from there.
How it works
Get your Florida vacation rental loan in three steps
Submit your application
Share the property address, its rental income (Airbnb / Vrbo history or projection), and purchase price or value.
Qualify on rental income
We qualify the loan on the property’s short-term-rental income – no personal income or employment verification.
Close in as fast as 14 days
Smooth processing and expert support carry you from term sheet to funding quickly.
Requirements
Florida vacation rental loan requirements
| Down payment / equity | As little as 15% (up to 85% LTV on purchase) |
| Credit | 620+ FICO accepted |
| DSCR | 0.75x floor, with reserves; no personal income or employment verification |
| Qualifying income | Documented short-term-rental (Airbnb/Vrbo) income or a market-based projection |
| Property types | Condos, pool homes, waterfront and canal homes, villas and townhomes |
| Seasoning | No-seasoning options for purchase or cash-out refinance |
| Vesting | Individual, LLC, or entity · foreign nationals and first-time investors welcome |
Answers
Florida vacation rental loan FAQ
What is a vacation rental loan?
A vacation rental loan is a DSCR loan for a short-term-rental property such as an Airbnb or Vrbo. It qualifies you on the property’s rental income compared with its monthly payment instead of your personal income or tax returns.
Can Airbnb or Vrbo income qualify the loan?
Yes. Documented short-term-rental income – platform earnings history, or a market-based nightly rate and occupancy projection where the property is new to renting – can be used to qualify, alongside or instead of a traditional long-term lease.
What does a 0.75x DSCR floor actually mean?
DSCR compares rental income to the monthly payment: 1.00x means income exactly covers the payment, and higher is stronger. Most DSCR lenders require at least 1.0x, and many require 1.15x-1.25x for their best pricing. We accept a floor as low as 0.75x, with reserves – useful for short-term rentals still ramping up bookings or strongly seasonal markets.
What is a “no-seasoning” cash-out refinance?
Seasoning is the waiting period some lenders require after you purchase or renovate a property before they’ll let you refinance and pull cash out – often six to twelve months. Our no-seasoning options let you refinance and access equity right away.
Do I need to check local rental rules before I buy?
Yes – and we recommend it. Short-term-rental rules in Florida can vary by city and county, and condo or HOA associations may restrict or prohibit short-term rentals. Confirm that the property can legally operate as a vacation rental before you buy or refinance.
Can I close in an LLC, and are foreign nationals eligible?
Yes to both. Foreign nationals and first-time real estate investors are welcome on our DSCR program, and you can close in an LLC or other entity rather than your individual name.
Do you fund vacation rentals in cities that aren’t listed?
Yes. The cities above are some of Florida’s most popular vacation markets, but if your city isn’t listed we are still funding in that city. Submit your application and we’ll take it from there.
Does getting a quote affect my credit?
No. We never pull your credit just to give you numbers. You can see your estimated rate, leverage, and DSCR based on the property and your inputs before any credit inquiry happens.
Keep exploring
Related investor loans
© 2026 CambridgeHomeLoan.com · NMLS #1826020 · 4830 W Kennedy Blvd, Tampa, FL 33609 · (800) 826-5077 · Equal Housing Lender. DSCR loans are business-purpose loans for non-owner-occupied investment properties and are not available for primary residences. Rates, points, LTV, DSCR requirements, terms, and closing timelines are illustrative, subject to change without notice, and subject to borrower, property, and deal qualification and underwriting approval. “Rates from 5.75%,” “up to 85% LTV,” “DSCR floor of 0.75x,” and other figures reflect the strongest profiles and are not a quote or commitment to lend. Short-term-rental income qualification is evaluated case by case based on documented platform history or a market-based projection. Short-term rentals are subject to state, county, and municipal regulations and to condominium and homeowners’ association restrictions; borrowers are responsible for confirming that a property may legally operate as a short-term rental. City descriptions are general market observations for illustration only and are not property-specific advice. Calculator results are illustrative and exclude closing costs. Comparison figures are generic market composites for illustration only and are not the terms of, or an endorsement of or by, any specific lender. Illustrations on this page are artwork and do not depict specific properties. This page is informational and does not constitute financial, legal, tax, or insurance advice.