Hollywood, FL DSCR Loans: Rentals That Qualify on Rent, Not Tax Returns

Reviewed by David Ghazaryan, Mortgage Broker, NMLS 1486726 · iQRATE Mortgages, NMLS 1862492 · Updated November 9, 2026

Quick answer: Who arranges DSCR loans in Hollywood, FL? iQRATE Mortgages (NMLS 1862492) is a Florida-licensed mortgage broker that compares DSCR lenders, more than 100 on complicated deals. A DSCR loan is a business-purpose mortgage for a non-owner-occupied rental. It qualifies on the property's rent divided by its full monthly payment (PITIA: principal, interest, property taxes, insurance and HOA dues), not on your tax returns, W-2s or debt-to-income ratio. In Hollywood, three local lines move that ratio most: condo dues and special assessments near the beach, insurance on older homes, and flood coverage near the canals.

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Ratings: David Ghazaryan, 5.0 stars from 87 reviews on Experience.com (October 2026). iQRATE Mortgages, Google 5.0 from 77 reviews (October 2026).

Investor loans are for business purposes only. Not all borrowers qualify. Terms are subject to underwriting and can change. Nothing on this page is a commitment to lend. iQRATE Mortgages LLC NMLS 1862492. David Ghazaryan NMLS 1486726. Equal Housing Opportunity.

What is a DSCR loan on a Hollywood rental?

A DSCR (debt service coverage ratio) loan is a mortgage for a non-owner-occupied rental. The lender divides the monthly rent by the full monthly payment, called PITIA. A ratio of 1.00 means the rent covers the payment exactly. Above 1.00, the rent covers it with room to spare. Below 1.00, the rent falls short.

You generally don't send tax returns, W-2s or pay stubs. The lender still checks your credit, assets and reserves. It also orders an appraisal with a rent analysis and reviews the property type. If you close in an LLC, it reviews the entity, too.

A DSCR loan is business-purpose financing. You can't live in the home, even in one unit of a duplex. If you plan to live in a Hollywood home, see our Hollywood mortgage broker page instead.

DSCR = monthly rent ÷ monthly PITIA

Simple math: the same payment against five rents. 1.00 means the rent equals the payment.

What the ratio leaves out: it uses gross rent. Vacancy, management, turnover and repairs aren't in the math. A Hollywood rental can pass the lender's test and still lose money in a bad year, so underwrite your own deal separately.

What does Hollywood's housing do to the DSCR math?

Hollywood is in southern Broward County, between Fort Lauderdale and Miami. Its housing runs from mid-century single-family streets to oceanfront towers. For a DSCR borrower, that range matters because each property type loads a different line of PITIA.

Areas and ZIPs we lend in

Hollywood, Hallandale Beach and Dania Beach share Broward County's loan limits. Each city still sets its own millage and sits on its own flood maps. So the same price can carry a different tax line and a different flood premium a few blocks apart. Confirm the city on the tax bill before you run the ratio.

What goes into PITIA on a Hollywood rental?

The rent side gets most of the attention. On a Hollywood file, the payment side often decides the deal.

Property taxes: use the parcel's real bill

Hollywood tax bills combine county, school, city and special-district millage. iQRATE uses the parcel's actual bill, not an average.

Watch the seller's bill. Owner-occupants get the homestead exemption and the Save Our Homes cap (3% a year). Both belong to owner-occupants, and the assessment resets when a home sells. A rental won't carry either one. If the seller lived in the home, your tax line as a landlord can be higher than the bill in the listing. The Florida Department of Revenue explains how Florida property tax works.

Insurance: the line that can stop the file

Many Hollywood homes were built from the 1950s to the 1970s. Older roofs, plumbing and electrical systems affect insurance. Florida insurers often want a four-point inspection (roof, electrical, plumbing and HVAC) and a wind mitigation inspection before they'll write a policy. Roofs past their useful life can make coverage hard to find.

On a DSCR loan, that hits twice. The premium goes straight into PITIA and lowers the ratio. And the lender needs a landlord (dwelling fire) policy before closing, so a home no one will insure can stop the file outright.

Florida homeowners insurance, plus flood insurance in many zones, is among the most expensive in the country. Lenders collect the first year's premium plus escrow months at closing. That makes prepaids a large part of your cash to close.

Flood: check the address, not the neighborhood

Several Hollywood neighborhoods sit along canals that connect to the Intracoastal. Lenders require flood insurance in high-risk zones, which are common east of US-1. FEMA maps change over time. Look up the address on the FEMA Flood Map Service Center and ask for an elevation certificate when one exists. Then put the real flood quote into PITIA.

What closing taxes does a Hollywood DSCR buyer pay?

Florida charges two taxes on a new mortgage, both set by state law. Who pays the deed stamps is negotiated in the purchase contract.

These taxes don't change your DSCR, because they're paid once at closing. They do come out of the cash you need. Cash you spend at closing isn't available for reserves.

How do Hollywood condos and co-ops change a DSCR file?

Condos near the beach are where many Hollywood DSCR files get complicated. The issue is usually the building, not the borrower.

Milestone inspections and reserves. Florida's milestone inspection and reserve rules reach many of the decades-old low-rise buildings near the beach, and those buildings often levy special assessments. On a DSCR file, an assessment can work like higher HOA dues: the rent has to carry it. Find out whether one is pending before you run the ratio, not after.

Project review. Warrantable condos are widely accepted by DSCR lenders. Non-warrantable condos and condotels are accepted by fewer lenders and usually need more down. We request the condo questionnaire early, along with the reserves and any special assessment, so the project review doesn't surprise you late.

Co-ops. Some Broadwalk buildings are co-ops, not condos. Co-ops are harder to finance, and few lenders do co-op loans in Florida. Confirm the ownership structure before you spend money on the ratio.

Timing. Condo files can take longer. On our main DSCR page, a two-condo project review took about five weeks. Build that into your contract dates.

For Miami-Dade towers, non-warrantable projects and condotels in more depth, see our guide to DSCR loans for Miami condos.

Can you count short-term rental income in Hollywood?

First, confirm the use is legal. In Florida, whole-home rentals of under 30 days need a state vacation-rental license from the Florida DBPR. Check the city's vacation-rental registration rules and the association's rules, too.

Then ask how the lender counts the income. Lenders generally use one of three approaches:

1. Actual history: booking-platform statements or a property manager's records.
2. A market projection: a short-term rental income report from a data provider such as AirDNA. Some lenders accept one, with heavy scrutiny.
3. Long-term rent only: the appraiser's long-term market rent opinion. Many lenders use only this.

If the deal works only on nightly income, ask each lender which approach it uses before you order the appraisal.

How do lenders decide what a Hollywood rental rents for?

The rent number is the most important input on a DSCR file. It is also the one buyers most often get wrong.

• Vacant home: the appraiser sets market rent. On a single-family home that usually comes on Fannie Mae Form 1007, the comparable rent schedule. Under the redesigned agency appraisal report (UAD 3.6), required for new agency appraisals submitted on or after November 2, 2026, market rent moves into the report itself. DSCR lenders set their own requirements, so you may see either format.
• Leased home: some lenders use the lease. Some use the appraiser's market rent. Some use the lower of the two.
• 2–4 units: the ratio uses the combined rent from all units against one PITIA. Provide every lease.

Don't trust a seller's pro forma or a listing-site estimate on its own. Pull recent leases on nearby, similar homes and run the ratio at that rent and at a lower one.

"You can close a DSCR deal with just about any problem as long as you put a bit more down. That's why we always tell clients the rate and down payment are tentative until the appraiser's value and rent come in."

— David Ghazaryan

How much can a low rent opinion move the ratio?

This is arithmetic, not a forecast. Your tax bill and insurance premium don't fall when the rent opinion does. A Hollywood deal that just clears 1.00 on the seller's rent can fall short once the appraisal comes back.

How much payment can a rent support, and how much rent does a payment need?

Turn the ratio around before you write an offer. Divide the rent by the lender's target ratio to get the most PITIA the rent can carry. Multiply your PITIA by the target ratio to get the rent you need.

Simple math: rent divided by the target DSCR gives the highest payment the rent supports.

The same math at a higher rent. A higher target ratio leaves less room for taxes, insurance and dues.

Simple math: payment times 1.25 gives the rent a 1.25 ratio needs.

In Hollywood, the order matters. Get the insurance and flood quotes and the real tax bill first. Then see what payment the rent can actually carry.

DSCR calculator: the four formulas, worked by hand

No rates are assumed. Swap in your own numbers, or use iQRATE's mortgage calculators.

What does a full DSCR test look like on a Hollywood rental?

Here is the whole test in round units instead of dollars. It shows the order of work. It isn't a quote.

1. Set the rent. Recent leases on nearby, similar homes point to 100 units a month. The seller says 110. Use 100, because the appraiser will look at the same leases.
2. Build the payment. Principal and interest are 60. Property tax is 12. The landlord insurance quote is 8. HOA dues are 5. PITIA is 85.
3. Divide. 100 ÷ 85 is about 1.18.
4. Stress the rent. If the appraiser's rent comes in at 92, the ratio is about 1.08.
5. Stress the tax line. The seller had homestead and Save Our Homes. As a rental, the home has neither. If tax rises from 12 to 14, PITIA becomes 87, and 92 ÷ 87 is about 1.06.
6. Decide. The deal still clears 1.00 at the lower rent and higher tax. If it didn't, the choices are more equity, a different program or a different property.

What if a Hollywood rental's ratio is below 1.00?

You have more options than walking away, though walking away is sometimes right.

1. Add equity. A smaller loan lowers the payment and raises the ratio.
2. Use a lender that accepts a lower ratio. Some lenders go below 1.00, at a higher rate. Others stop at 1.00.
3. Consider a no-ratio program. It costs more. See no-ratio DSCR loans.
4. Look at interest-only, where offered. It raises the ratio, but you aren't paying down principal during that period.
5. Buy down the rate. It costs cash at closing. Seller or builder credits can sometimes pay for it, within the lender's limits on contributions.
6. Pick a different property. Two Hollywood homes at the same price can carry very different insurance, flood and HOA lines.

Which DSCR terms does a lender set?

DSCR loans aren't standardized like Fannie Mae or FHA loans. Each lender uses its own underwriting, so the same Hollywood property can get a no from one lender and a good offer from another.

Here are example terms from one DSCR lender we place loans with, as published on our DSCR loans page in October 2026. They aren't Florida-specific and aren't a quote.

We don't publish DSCR rates, because pricing changes daily. What moves it most: credit score and equity, the ratio, the prepayment penalty you choose, loan size, property type, interest-only and cash-out.

How do DSCR prepayment penalties work, and which one fits your plan?

Regulation Z limits prepayment penalties on most consumer mortgages. Credit extended primarily for a business purpose, such as a loan on a non-owner-occupied rental, is exempt from Regulation Z (12 CFR 1026.3(a)). That is why a DSCR loan can carry a prepayment penalty, and also why DSCR loans are for investment property only.

You usually choose the length, from five years down to none. A longer penalty generally buys a lower rate. No penalty costs the most. Besides a step-down that falls each year, lenders use other formulas, such as a number of months of interest or a fixed percentage for the whole term.

Ask three things: does the penalty apply to a sale as well as a refinance, how is it calculated, and does the quoted rate assume a particular penalty? Get each answer in writing on the term sheet (or the Loan Estimate, if the lender issues one).

David reads that choice as an investor first:

"One thing being a real estate investor has taught me is that getting a loan approved and making a good investment are two different things. I've seen investors spend weeks negotiating a purchase price and then barely examine the financing terms. They focus on the interest rate. I look at the entire transaction: cash invested, monthly carrying costs, reserves, prepayment penalties, and the exit strategy. A loan that saves you money today can become expensive if you need to refinance or sell before a prepayment penalty expires."

— David Ghazaryan

How does a DSCR cash-out refinance work on a Hollywood rental?

A cash-out refinance replaces your loan with a larger one, and you take the difference as cash. On a DSCR loan, the new, larger payment still has to clear the lender's ratio floor.

• Seasoning: at least 6 months on title, following Fannie Mae's six-month rule. After an all-cash purchase, some non-QM DSCR lenders allow cash-out right away. You must document the funds you used, and the lender may price the exception into the rate.
• Reserves: at some lenders, cash-out proceeds can count toward reserves.
• Your current loan: if it has a prepayment penalty, refinancing early may trigger it.
• Hollywood check: the new appraisal resets the value, but your tax bill, insurance and flood premium stay in PITIA. A bigger loan means a bigger payment, so the ratio falls.

Simple math: the same loan is a lower loan-to-value on a higher appraised value.

Can you close a Hollywood DSCR loan in an LLC?

With some lenders, yes. The lenders iQRATE uses for LLC closings always require a personal guarantee. Every member who guarantees the loan goes through credit and identity checks. Expect to provide:

• Articles of organization and the operating agreement
• The EIN letter (see the IRS EIN page)
• Proof the LLC is in good standing with the Florida Division of Corporations (Sunbiz)
• A landlord policy naming the LLC as insured

Set up the LLC before closing, not during underwriting. Late entity changes are a common cause of delays. If the purchase contract is in your own name, ask early whether the lender accepts an assignment to the LLC. Talk to your attorney and CPA about whether an LLC fits you.

Can a DSCR loan buy the replacement property in a 1031 exchange?

Yes. A 1031 exchange lets you defer capital gains tax when you sell one investment property and buy another. You generally have 45 days to identify the replacement and 180 days to close, as the IRS explains in its like-kind exchange tips. A DSCR loan fits because it doesn't re-document your personal income.

Give us your sale date and both deadlines on day one. We order the appraisal right away, because it's usually the longest step. On a Hollywood condo, start the questionnaire at the same time. Coordinate with your qualified intermediary and tax advisor. This is not tax advice.

Which Hollywood property types qualify for a DSCR loan?

Is a DSCR loan or a conventional loan better for a Hollywood rental?

Choose conventional if your documented income carries the payment, you're under the property limit and you don't need an LLC. It's usually cheaper. Choose DSCR if your returns understate your income, your debt-to-income ratio is maxed out, you're past the limit or you want an entity.

Investors often run into the first problem on Schedule E. Depreciation and other rental write-offs reduce taxable rental income, as the IRS explains in Schedule E and Publication 527. That's good for taxes and hard on a full-documentation loan.

"That's why I approach an investor's mortgage differently from a typical home purchase. I'm interested in whether the financing supports the investment strategy, not simply whether a lender will approve it."

— David Ghazaryan

How do DSCR loans compare with other investor financing?

For a portfolio across several properties, see blanket loans. For non-U.S. buyers, see foreign national DSCR loans.

What do real iQRATE DSCR files show?

These are real, de-identified files from David's desk, published on our main DSCR page. None is a Hollywood closing. Most are Las Vegas files, and the location is noted where our records state it. Figures are rounded. They show how the same DSCR rules play out when something goes wrong.

David has been a mortgage broker for more than 15 years. He's a real estate investor himself and has prepared more than 6,000 tax returns, so investor files get read the way an owner reads them: rent, taxes, insurance and HOA dues first, then the loan.

Las Vegas: two condos below 1.00, closed the same day

In fall 2024, a Las Vegas investor with five or more rentals bought two condos in the same southwest Las Vegas complex and closed both on the same day. The appraiser's rent pushed the ratio down to 0.82, below 1.0. The loan stayed approved because the down payment and reserves carried it.

Las Vegas: rent that covered only 83% of the payment

In fall 2023, an investor wanted to pull cash out of a Las Vegas condo rental appraised at $280,000. The rent covered only about 83% of the new payment, a DSCR of 0.83. Low leverage did the heavy lifting, and the cash-out refinance funded in fall 2023.

The rent paid 83 cents of every payment dollar. The loan still closed.

Las Vegas: a 200% debt ratio that didn't matter

In fall 2023, a buyer with strong credit wanted a Las Vegas rental home near $420,000. Her income came mostly from capital gains and dividends. Run through a full-doc loan, her debt ratio came out above 200%. We stopped looking at her income and looked at the house. The rent produced a DSCR of 1.18. She closed on a DSCR loan of about $210,000 in fall 2023.

Her full-doc ratio was over 200%. On rent, the property covered itself.

Location not stated: $130,000 low, and the loan still went up

In 2024, an investor was refinancing a rental owned in an LLC with a DSCR loan. We expected a $1 million value. The appraisal said $870,000. The loan was small relative to the value, so there was room to spare. We raised it from $400,000 to $435,000, and final pricing improved.

The value came in $130,000 low. The loan still went up.

Las Vegas: the builder's lender said no

A client came to us after the financing on her brand-new Las Vegas investment property fell apart. The builder wanted the home sold and was offering unusually generous incentives, but only if she applied through its preferred lender. She did exactly what the builder asked. Then the builder's lender denied her loan.

She had satisfied the builder's requirement, so the builder agreed to honor the incentives if she obtained outside financing. We arranged a DSCR mortgage on the property's rental income and applied the incentives to a rate buydown. The loan closed at a debt-service coverage ratio of approximately 1.00, in less than three weeks. She kept the negotiated builder incentives.

"The lesson I took from that transaction is that a lender's denial doesn't necessarily mean a good investment opportunity is dead. Sometimes the solution is understanding the purchase contract, preserving the buyer's negotiating position, and choosing a financing program that fits the actual investment."

— David Ghazaryan

What a Hollywood investor can take from these files

Real iQRATE files. Names and details are removed and figures are rounded. Past results don't guarantee future outcomes. All loans are subject to credit approval.

How do you choose a DSCR lender or broker for a Hollywood rental?

There's no official ranking of DSCR lenders in Hollywood. The best one for you is the one whose rules fit the deal: the ratio floor, the down payment, condo and co-op acceptance, short-term rental income, LLC vesting, prepayment options, reserves and closing speed.

Comparison is general. Each lender sets its own guidelines, and terms depend on credit, property and lender approval. Not a commitment to lend.

Questions to ask any DSCR lender before you pay for an appraisal

• What is your minimum DSCR, and which rent do you use: the lease, the appraiser's market rent, or the lower of the two?
• Will you lend on this Hollywood condo, and does it need a project review? Do you do co-ops?
• Do you count short-term rental income, and how?
• Can I close in an LLC, and what personal guarantee do you require?
• Which prepayment options do you offer, and how does each change the terms?
• How many months of reserves do I need, and can cash-out proceeds count?
• Is cash-out allowed right after an all-cash purchase?
• What is your NMLS number, and are you licensed in Florida?

If a lender can't answer in writing, keep shopping.

From David: "On a complicated deal, I'll personally email more than 100 lenders and sift through what comes back. It's a lot of work, so I do it once the client is committed, with a full application and documents in hand."

How does a Hollywood DSCR file move through iQRATE?

1. Send us the scenario: address, price, expected rent, the parcel's tax bill, an insurance and flood quote, HOA dues and how you'll hold title.
2. We run the ratio conservatively, with full PITIA and a realistic rent.
3. We shop DSCR lenders and get the key terms before you commit: ratio floor, down payment, rate, reserves, prepayment penalty and how rent is counted.
4. Application and credit. No tax-return package.
5. Appraisal with rent analysis, ordered right away. Your rate and down payment are tentative until it comes back.
6. Underwriting: assets, reserves, insurance, condo documents, entity documents and the final ratio.
7. Clear to close and funding, with local escrow and title.

The most common delays are a low appraised rent, a late insurance quote and LLC paperwork that isn't ready. In Hollywood, add the condo questionnaire to that list.

What documents does a Hollywood DSCR loan need?

No tax returns, W-2s or pay stubs are needed. Lenders may ask for more. Agency loans follow the Fannie Mae reserve requirements; DSCR lenders set their own.

How should you budget cash to close?

Plan the cash in this order:

1. Your down payment.
2. Closing costs, including the note doc stamps and intangible tax, plus the deed stamps if your contract shifts them to you.
3. Prepaids: the first year of insurance, flood where required, daily interest and the escrow deposit for taxes and insurance.
4. Reserves left over after all of that.

In Hollywood, the insurance and flood prepaids are often the largest part of step 3. Get those quotes first.

What mistakes sink Hollywood DSCR deals?

• Using the seller's rent. The appraiser's number decides the ratio.
• Using the seller's tax bill. Homestead and Save Our Homes don't follow a rental.
• Getting the insurance quote late. A high premium, or no policy at all, can end the file.
• Skipping the flood check. Look up the address, not the neighborhood.
• Ignoring a pending special assessment. It's a cost the rent has to carry.
• Buying a co-op without checking financing. Few lenders do co-op loans in Florida.
• Signing in the wrong name. Plan the LLC before you sign the contract.
• Spending reserves at closing. The lender wants cash left after closing.
• Picking a prepayment penalty that fights your plan. Match it to when you might sell or refinance.

What should you ask before you sign a Hollywood purchase contract?

• Whose name goes on the contract? If you want the LLC on title, confirm the lender accepts an assignment, or put the LLC on the contract from the start.
• How long is the financing contingency? DSCR files need an appraisal with a rent analysis, and condos need a project review.
• Is there a lease? Get a copy, the rent roll and proof of recent payments.
• Who pays the deed doc stamps? The seller customarily does, but the contract decides.
• What are the HOA dues, and is an assessment pending?
• When were the roof, electrical, plumbing and HVAC last replaced? The four-point inspection will ask.
• Were additions or garage conversions permitted? Ask the seller for permits; some older Hollywood homes have additions that weren't permitted.
• Which city's tax bill and flood map apply? Hollywood, Hallandale Beach and Dania Beach each set their own millage.
• Does the seller or builder offer credits? They can sometimes pay for a buydown, within lender limits.

What do common DSCR terms mean?

What do clients say about iQRATE Mortgages?

Real reviews, quoted word for word. They describe working with David Ghazaryan and the iQRATE team overall. Neither describes a Hollywood loan, and neither is a promise about your loan.

"Andrei and David were so great! They're helpful and communicated everything with me through the whole process. I am so pleased and look forward to using iqrate for my future investment properties. 10/10 Will be reccomending to friends."

— Kassandra Arthur, review on Google

"David and Andrei and team were very knowledgeable and really helped in the whole process. Even though the economy is going through a rough time they were able to explain every detail and really looked out for our best interest! I would highly recommend their team as they will find a way to get it done!"

— Lydia Z. (Menifee, CA), 5-star review on Yelp

Read more of David's reviews on Experience.com, or watch iQRATE's mortgage videos.

Hollywood DSCR loan FAQs

Can a DSCR loan finance a Hollywood Beach condo with a special assessment pending?

Sometimes. The lender reviews the building through the condo questionnaire, reserves and any assessment. Florida's milestone inspection and reserve rules reach many older beachside buildings. An assessment is a cost the rent has to carry, so get the details before you run the ratio.

Will a DSCR lender finance a co-op unit near the Broadwalk?

Rarely. Co-ops are harder to finance than condos, and few lenders do co-op loans in Florida. Confirm whether the building is a condo or a co-op before you order an appraisal.

How does a four-point inspection affect my DSCR?

It decides whether an insurer will write the policy and at what price. The premium goes into PITIA, so a costly policy lowers the ratio. If no insurer will write it, the lender can't close.

Does flood insurance count in a Hollywood rental's DSCR?

Yes, when it's required. Lenders require flood insurance in high-risk zones, which are common east of US-1 and near canals. The premium is part of the monthly payment the rent must cover.

What closing taxes will I pay on a Hollywood DSCR purchase?

The buyer pays doc stamps on the note ($0.35 per $100 of the loan) and intangible tax (0.2% of the loan). On a $400,000 loan the two together come to $2,200. The seller customarily pays deed stamps, but the contract decides.

Can a duplex near Young Circle qualify on its rent?

Yes, with lenders that take 2–4 units. The ratio uses the combined rent from both units against one PITIA. Provide every lease. If you'll live in one unit, it isn't a DSCR loan.

Does a Hollywood rental keep the seller's Save Our Homes cap?

No. Homestead and Save Our Homes are for owner-occupants, and the assessment resets when a home sells. Budget the tax at your purchase price as a rental.

Can I use nightly rental income to qualify?

Only if the use is legal and the lender counts it. Whole-home rentals of under 30 days need a DBPR vacation-rental license, and you should check the city's vacation-rental registration rules. Some lenders accept an AirDNA report with heavy scrutiny; many use long-term rent only.

What rent figure will the lender use?

On a vacant home, the appraiser's market rent. On a leased home, some lenders use the lease, some use the appraiser's figure, and some use the lower of the two. Ask before you pay for the appraisal.

Do I need tax returns?

Generally no. Tax returns, W-2s and pay stubs aren't required. The lender still checks credit, assets, reserves, the appraisal and insurance.

Can I close in a Florida LLC?

With some lenders. Expect a personal guarantee, the articles of organization, the operating agreement, the EIN letter and proof of good standing on Sunbiz.

Can a DSCR loan close below a 1.00 ratio?

Sometimes. Some lenders accept ratios below 1.00 at a higher rate, and others stop at 1.00. More equity, interest-only or a different property can also close the gap.

Can a first-time investor get a DSCR loan in Hollywood?

With some lenders, yes, with extra occupancy review. The lender must be satisfied you won't live in the home. If one lender says no, another may say yes.

Why can a DSCR loan have a prepayment penalty?

Business-purpose credit is exempt from Regulation Z (12 CFR 1026.3(a)), which limits penalties on most consumer mortgages. DSCR lenders use the penalty to price the loan, so a longer one generally buys a lower rate.

Does the Broward conforming loan limit apply to a DSCR loan?

No. Broward County's 2026 conforming limit for one unit is $832,750, per the FHFA. That limit governs conventional loans. DSCR lenders set their own loan sizes; one we place loans with runs from $75,000 to $5 million.

Can I live in a home bought with a DSCR loan?

No. DSCR loans are for non-owner-occupied investment property only. For a home you'll live in, see our Florida mortgage broker page.

How fast can a Hollywood DSCR loan close?

It depends on the appraisal, the insurance quote, condo review and entity documents. The appraisal is usually the longest step. A recent Las Vegas returning client's purchase closed in under three weeks; condo project reviews can take longer.

Why doesn't this page list DSCR rates?

Pricing changes daily. It moves with credit, equity, the ratio, the prepayment option, loan size and property type. Terms are confirmed in writing on your actual file.

Get started

Tell us about the Hollywood property. We'll check the tax bill, insurance and flood lines, run the ratio, shop DSCR lenders and tell you plainly whether the deal works.

Schedule a free consultation · Call or text (702) 766-3744 · Apply now

For the full program guide, see DSCR loans. For owner-occupied loans in the city, see our Hollywood mortgage broker page.

Related iQRATE pages

• Tampa DSCR loans
• Orlando short term rental DSCR loans
• Investors
• Portfolio loans
• Serial investor loans
• Non-QM loans
• Bank statement
• P&L statement loans
• Self employed
• Refinance
• Closing costs by state
• Reviews
• Guarantees
• About
• FAQ
• Jumbo
• FHA loans
• VA loans
• First time home buyer
• Blog

Other Florida cities iQRATE lends in

• Boca Raton
• Bradenton
• Cape Coral Fort Myers
• Fort Lauderdale
• Gainesville
• Jacksonville
• Kissimmee
• Lakeland
• Miami
• Miami Beach
• Naples
• Ocala
• Orlando
• Pensacola
• Port St. Lucie
• Sarasota
• St. Petersburg
• Tallahassee
• Tampa
• Wesley Chapel
• West Palm Beach

Talk with iQRATE about this loan

Apply now or contact us to get a quote on the property you have in mind. You can also schedule a call or book a call with David at (702) 766-3744. This is not a commitment to lend.

Sources

• iQRATE Mortgages, Hollywood mortgage broker page (Broward housing, condo, insurance, flood and Florida closing-tax notes) and DSCR loans page (example lender terms, case files, prepayment and Regulation Z notes)
• David Ghazaryan, investor interview, October 31, 2026
• FHFA, 2026 conforming loan limit values
• Florida Department of Revenue, property tax
• FEMA Flood Map Service Center
• Florida DBPR, Division of Hotels and Restaurants (vacation rental licensing)
• Florida Division of Corporations (Sunbiz)
• IRS, Get an Employer Identification Number
• IRS, Like-kind exchanges: real estate tax tips
• IRS, About Schedule E (Form 1040)
• IRS Publication 527, Residential Rental Property
• Fannie Mae Selling Guide B3-4.1-01, minimum reserve requirements
• 12 CFR 1026.3(a), Regulation Z exempt transactions (business-purpose credit)
• Experience.com reviews of David Ghazaryan

Licensing and disclosures

iQRATE Mortgages LLC · NMLS 1862492 · 6360 S Rainbow Blvd Ste 101, Las Vegas, NV 89118 · Licensed in Nevada, California, Texas and Florida · David Ghazaryan, Mortgage Broker, NMLS 1486726 · (702) 766-3744. Verify both licenses on NMLS Consumer Access.

DSCR loans are business-purpose loans for non-owner-occupied investment property, not for a home you or your family will live in. Not all borrowers qualify. Lender terms on this page are examples from one lender as of October 2026, and the worked examples are arithmetic only. Nothing on this page is a rate quote, a loan offer or a commitment to lend. Programs are subject to credit, property and lender approval, and terms can change without notice. Client files are de-identified, are not Hollywood closings, and past results do not guarantee future outcomes. Local facts come from the public sources listed above. Nothing on this page is tax or legal advice. Equal Housing Opportunity. iQRATE Mortgages LLC NMLS 1862492. David Ghazaryan NMLS 1486726.