Loan programs in Fort Lauderdale
DSCR Loans in Fort Lauderdale
A DSCR loan is an investment-property mortgage that qualifies you on the property’s rental income divided by its monthly payment (the debt service coverage ratio).
InvestorFix and Flip Loans in Fort Lauderdale
A fix and flip loan is short-term (usually 12–18 months), interest-only financing that covers most of a distressed property’s purchase price and up to 100% of renovation costs, repaid when you sell or refinance.
InvestorDSCR Cash-Out Refinance in Fort Lauderdale
A DSCR cash-out refinance replaces the loan on a rental with a larger one, sized to the property’s value and qualified on its rent, and pays you the difference in cash.
InvestorShort-Term Rental (Airbnb) DSCR Loans in Fort Lauderdale
A short-term rental DSCR loan qualifies a vacation rental on its nightly-rental income, using 12 months of booking history or a third-party projection such as AirDNA, instead of a long-term lease.
Home loanBank Statement Loans in Fort Lauderdale
A bank statement loan is a non-QM mortgage that calculates self-employed income from 12 or 24 months of personal or business bank deposits instead of tax returns.
Home loanFHA Loans in Fort Lauderdale
An FHA loan is a government-insured mortgage that allows 3.5% down with a credit score of 580 or higher, or 10% down with a score from 500 to 579.
Home loanFirst-Time Homebuyer Loans in Fort Lauderdale
First-time homebuyer loans are mortgage options with low down payments, typically 3% conventional, 3.5% FHA or $0 VA, often paired with state or local down payment assistance.
Home loanVA Loans in Fort Lauderdale
A VA loan is a mortgage guaranteed by the Department of Veterans Affairs that lets eligible veterans, active-duty service members and certain surviving spouses buy with no down payment and no monthly mortgage insurance.
Home loanCondo Loans in Fort Lauderdale
A condo loan is a mortgage on a unit in a condominium project, and approval depends on the building as well as the buyer.
Neighborhoods in Fort Lauderdale
- Las Olas
- Victoria Park
- Coral Ridge
- Rio Vista
- Downtown Fort Lauderdale
Why borrowers look at Fort Lauderdale
Fort Lauderdale blends a yachting-town waterfront with a fast-growing downtown core. Las Olas and the beach barrier island hold luxury condos and waterfront estates that pull second-home buyers and investors. Victoria Park, Rio Vista and Coral Ridge offer established single-family streets with mid-century ranch and Mediterranean homes, while downtown high-rises serve young professionals working in finance, marine trades and healthcare. The housing stock runs from 1950s block ranches to new luxury towers, and waterfront property carries dockage premiums buyers should weigh. Investors like the year-round rental market fed by tourism and seasonal residents. Condo shoppers must dig into association budgets the same way they would in Miami.
Local market snapshot: Fort Lauderdale
| Median home value | $486,700City of Fort Lauderdale · Source: U.S. Census Bureau, American Community Survey 5-year estimates |
|---|---|
| Median gross rent | $1,854/moCity of Fort Lauderdale · Source: U.S. Census Bureau, American Community Survey 5-year estimates |
| Effective property tax rate | 0.94% (approx.)Broward County, effective rate (approx.) · Source: SmartAsset, Florida Property Tax Calculator |
Homeowners insurance: Proximity to the Intracoastal and the ocean means wind and flood coverage are significant costs, especially for waterfront and barrier-island property. Older condo buildings can carry assessment risk tied to insurance and reserve requirements. An early insurance quote keeps the monthly payment honest.
Figures are the most local reliable public data available (city, then county, then statewide), each labeled above. They are context for your payment estimate, not a quote, run your scenario through our payment calculator.
Before you buy or refinance in Fort Lauderdale
- Pull the Broward County property tax bill early; it is part of every payment and DSCR calculation.
- Get an insurance quote before you lock a price, including wind and flood.
- For rentals, check rent comps and any local rental registration or short-term rental rules in Fort Lauderdale.
- Florida charges documentary stamp tax on new mortgage notes (35¢ per $100) and a 0.2% nonrecurring intangible tax on mortgages, both paid at closing. Condo projects face extra review after the state’s post-2022 structural-safety reforms, so condo budgets and reserve studies matter to lenders.
Run the numbers
- DSCR Calculator
- Fix and Flip Profit Calculator
- Mortgage Payment Calculator
- Home Affordability Calculator
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- Bonita Springs
- Pinellas Park
Neighborhoods in Fort Lauderdale
- Las Olas
- Victoria Park
- Coral Ridge
- Harbor Beach
- Las Olas Isles
- Rio Vista
- Flagler Village
- Downtown Fort Lauderdale
FAQ
What loans can I get in Fort Lauderdale, FL?
Investor loans (DSCR, fix and flip, cash-out, short-term rental) and owner-occupied home loans (bank statement, FHA, VA, conventional and more).
Who assesses property taxes in Fort Lauderdale?
Broward County. Lenders include those taxes in the monthly payment used to qualify you.