Miami is the #1 foreign-national DSCR market in the United States — and we close more of these files here than anywhere else. If you're an international investor, you can finance a Miami rental, condo, or condotel with no US credit, no SSN, and no US tax returns, qualifying on the property's rental income alone.
This guide covers how the foreign national DSCR program works in Miami — what you actually need, down payment and LTV, the condo and condotel angle, and how to get a quote in 30 seconds.
Why Miami Is the #1 Foreign National Market
Miami is the gateway for Latin American, European, and Canadian real-estate capital, and the buyer base is concentrated in well-known international submarkets — Brickell, Downtown, Sunny Isles, Aventura, Doral, Weston, and Hialeah. These investors are typically cash-strong but have no US credit footprint, which is exactly the gap the DSCR foreign-national program fills: qualification is based on the asset, not on a US financial identity. The program mirrors our universal Foreign National DSCR program, with Miami's condo and STR dynamics applied on top.
What Foreign National Borrowers Need
Typical Foreign National File
- No US credit / no SSN required — foreign credit references or international bank reference letters are used instead
- No US tax returns or income docs — qualify on the property's DSCR
- Valid passport (and visa where applicable)
- US bank account for reserves and closing funds
- Down payment: typically 25–30% (≈70–75% LTV)
- Reserves: generally 6–12 months PITIA
- Vesting: US LLC is common and welcome
2026 Program Snapshot — Miami Foreign National
What to Expect
- Rate range: Competitive DSCR pricing; foreign-national files price slightly above US-citizen files
- Max LTV: Typically 70–75% — see universal Foreign National program
- Credit: No US FICO required
- Property types: SFR, condo, condotel, 2–4 unit, short-term rentals
- Languages: English, Spanish & Portuguese
- Close time: 21–30 days standard
Why Miami Foreign Nationals Choose DSCR Capital Partners
- The most foreign-national volume we do — Miami FN files are routine, not a once-a-year exception.
- Multilingual — we work files in English, Spanish, and Portuguese.
- Condo, condotel & STR capable — the property types international buyers actually want in Miami.
- Wholesale lender access — we shop your file across the FN-friendly wholesale programs to match country and documentation.
- Direct loan officer access, 21–30 day close standard.
Get a Miami Foreign National DSCR Quote
30-second eligibility check. No US credit needed. No commitment. · Se habla español.
Check My Eligibility →Related Resources
- Foreign National DSCR Program — Full Details
- Miami Cash-Out Refinance DSCR Loans
- DSCR Loans in Florida — 2026 State Guide
- 2026 DSCR Loan Requirements
- DSCR Glossary
DSCR Capital Partners is a brand of UTM Financial, LLC (NMLS #2591548). For business-purpose, non-owner-occupied investment properties only. Foreign national eligibility, country list, and documentation vary by lender. Informational only; not a loan commitment. Equal Housing Lender.