Business Purpose Lending · Florida

Loan Programs — No NMLS Required

Four programs built for real estate investors. Qualify on property income, not W-2s. Pick your strategy and get funded faster.

680+ Credit Up to 90% LTC Close in 10–14 Days LLC Vesting OK No Tax Returns
Four Programs

Pick the capital structure that fits your deal

Every program is business purpose — no NMLS licensing required, no income verification, no owner-occupied collateral.

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Long-Term Hold

DSCR Loans

Qualify on the property's rental income, not your tax returns. Built for buy-and-hold investors scaling a rental portfolio — SFR, 2–8 units, short-term rentals. No income docs. No employment verification. The rent pays the loan.

Min Credit Score
680+
Max LTV
75–80%
Loan Terms
30-yr Fixed / ARM
Rate Range
6.5–8.5%
Min DSCR
1.0x
Time to Close
21–30 days
Get a DSCR Quote
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Short-Term Acquisition

Bridge Loans

Short-term capital for acquisitions, repositioning, and value-add plays. Interest-only payments. Close in 10–14 days while you season the property or wait for permanent financing to come online.

Min Credit Score
660+
Max LTV
Up to 80%
Loan Terms
12–24 months
Rate Range
9–12%
Structure
Interest-Only
Time to Close
10–14 days
Get a Bridge Quote
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Renovation + Resale

Fix & Flip Loans

Purchase and renovation financing in one draw-based loan. Up to 90% of purchase price plus 100% of rehab costs — disbursed against completed milestones. Experience-based pricing means repeat flippers get better terms.

Min Credit Score
660+
Max LTC
Up to 90%
Rehab Coverage
Up to 100%
Rate Range
9.5–12%
Loan Terms
6–18 months
Time to Close
10–14 days
Get a Fix & Flip Quote
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New Build

Ground-Up Construction

Financing for new residential and small commercial construction. Funds released on a draw schedule tied to inspection milestones. Requires approved plans and permits at closing. Builder experience matters for best pricing.

Min Credit Score
680+
Max LTC
Up to 75%
Loan Terms
12–24 months
Rate Range
10–13%
Disbursement
Draw Schedule
Required
Plans + Permits
Get a Construction Quote
Side by Side

Program Comparison

The key variables, all in one place. Use this to match your strategy to the right capital.

Program Min Credit Max LTV/LTC Term Speed to Close Best For
DSCR Loan 680 75–80% LTV 30-yr Fixed / ARM 21–30 days Buy-and-hold rental portfolio
Bridge Loan 660 Up to 80% LTV 12–24 months 10–14 days Quick acquisitions & repositioning
Fix & Flip 660 90% LTC + 100% rehab 6–18 months 10–14 days Residential renovation & resale
Construction 680 Up to 75% LTC 12–24 months 14–21 days New build — SFR or small multifamily
Why ClosingLane

The broker that works like a lender partner

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No NMLS Hassle

All four programs are business purpose loans, exempt from NMLS licensing requirements. No consumer lending regulations, no red tape. Faster closings for everyone.

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Multiple Lender Network

We work with a curated network of wholesale lenders, private capital, and institutional sources. One application, we shop the deal and bring you the best match.

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Investor-Speed Closings

Bridge and fix-and-flip close in 10–14 days. DSCR closes in 21–30 days. We know which lenders move fast and which deals need which lenders.

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Florida Market Expertise

Based in the Tampa-Orlando corridor. We know the submarkets, the lender overlays that apply to Florida deals, and the structures that actually close here.

Common Questions

Program FAQ

No. DSCR loans, bridge loans, fix-and-flip, and construction loans are all classified as business purpose loans — secured by investment property, not a primary residence. Business purpose loans are exempt from NMLS licensing requirements. ClosingLane operates as a commercial mortgage broker with no NMLS required.
680 is the floor for most DSCR programs. Borrowers at 700+ access better pricing. At 740+ you're eligible for the most competitive rate tiers and LTV structures. A lower score doesn't automatically disqualify you — tell us your deal and we'll find the right match.
10–14 business days is standard for experienced borrowers with clean deal structures. Some hard money programs move in 5–7 days. The speed comes from skipping income docs and tax returns — it's asset-based underwriting, not income-based.
Bridge loans fund acquisitions without a renovation budget attached. Fix-and-flip loans include a renovation holdback — funds disbursed in draws as work is completed. If you have a construction scope, fix-and-flip is the right tool. If it's light cosmetics or a straight acquisition, bridge is usually cleaner.
Yes. LLC vesting is accepted — and often preferred — on all four programs. Single-member LLCs are standard. Multi-member LLCs may require a personal guarantee from each guarantor. We'll walk you through the entity requirements for your specific deal.
Start with just your deal details — property address, purchase price, loan amount, and what you're trying to accomplish. We'll match you with lenders and tell you exactly what docs they need. For DSCR: credit, lease or rent analysis, appraisal, entity docs. No tax returns. Bridge and fix-and-flip add a scope of work. Construction adds plans and permits.
Single-family residences (SFR), 2–4 unit properties, condos, and 5–8 unit small multifamily are all DSCR-eligible. Short-term rentals (Airbnb, VRBO) are accepted by many lenders using market rent data instead of a traditional lease. Commercial properties typically need a commercial mortgage program instead.
Generally, lenders require a licensed GC to oversee new construction draws. Experienced developer-borrowers with a track record of completed projects may qualify with select private lenders. Plans and permits must be in place at closing regardless of who's managing the build.

Not sure which program fits your deal?

Tell us what you're trying to accomplish. We'll match you with the right program and the right lender within 24 hours.

Tell Us About Your Deal Run the DSCR Numbers