Bank Statement / No-Doc in Orlando

That kind of income is exactly what this loan is built to read. Leisure and hospitality employed 305,500 people in metro Orlando in June 2026, up 3.7% year over year, roughly one job in five against a national share about half that, anchored by Walt Disney World and Universal, whose fourth park, Epic Universe, opened May 22, 2025. A W-2 or a tax return often understates what that income actually looks like month to month once tips, overtime, and seasonal swings are in the mix. We work from 12 to 24 months of bank deposits instead, so the real cash flow carries the file rather than a form that wasn't built for it.

Yes, and Osceola's own tax rules are part of why that income looks like a real business on paper. The Osceola County Tax Collector is not contracted with Airbnb, VRBO, or Evolve for the 6% tourist development tax, so the person receiving the rent has to register and remit it directly, regardless of platform. That means an active host in Osceola's short-term-rental overlay districts or Kissimmee's STR zoning is already running the deposits and the tax filings like a small operator, and 12 to 24 months of bank statements can show it. Confirm the parcel actually carries a valid county STR license and, where required, the state DBPR vacation rental license before you count the income, and ask the county what transfers to a new owner and what does not. Whole-home short-term rental works differently inside the City of Orlando itself, where a homeowner may not rent an entire home for 1 to 29 days: the paths there are owner-occupied home sharing with city registration, or a Commercial Dwelling Unit renting 7 to 29 days with a Business Tax Receipt and zoning that allows it.

No, and in the CDD-heavy resort communities it's almost expected. Master-planned and resort communities across Osceola, Lake, and the Davenport corridor commonly carry a Community Development District assessment, an added charge collected on the same county tax bill under Florida Statutes section 190.021, on top of the base county millage. Between that assessment, depreciation, and ordinary operating write-offs, a self-employed investor running several properties in those corridors can show a modest bottom line on paper while the actual deposits tell a different story. We qualify on the deposits, not the return, so a portfolio that looks thin to a bank doesn't have to look thin to us.

It depends heavily on which of the four counties you buy in. As of March 2026, average homeowners premiums including wind ran $2,650 in Lake County and $2,940 in Osceola versus $3,610 in Orange, the highest-cost of the four but still below coastal Pinellas at $4,063. On property tax, a non-homestead investor runs roughly 18 to 19 mills in the City of Orlando against 13.85 in unincorporated Osceola, per the counties' 2025 final millage sheets, before any CDD assessment stacks on top in a resort community. When we size reserves and carrying costs off your bank statements, the county and the CDD status of the specific parcel change that math more than the metro average does. Point us at the address and we'll underwrite it directly.

Yes, as long as it is structured the way the city actually allows. Under the City of Orlando's home-sharing ordinance, an individual homeowner may not rent an entire home for stays of 1 to 29 days. What is permitted is owner-occupied home sharing: the host lives on-site and rents up to half the bedrooms, registered under Chapter 58 Part 5B(19) of city code. A self-employed host running that as a side business alongside a day job or another venture can bring both income streams into the same 12 to 24 months of bank deposits. We are reading the deposits, not sorting out which line item was the home-sharing income and which was the day job.

640. That is a real gate on this program, unlike our asset-based flip and bridge products, which have no minimum score at all. Below 640, the answer is usually a different structure rather than a decline, so ask before you assume an Orlando deal is dead. There is no hard credit pull to start the conversation, and no W-2s or tax returns in the file either way: we work from 12 to 24 months of bank deposits. Subject to underwriting.

From 20%. On a $400,000 Orlando-area purchase that is $320,000 from us and $80,000 from you (400,000 x 80% = 320,000), before closing costs and reserves. Budget the carry by county rather than by metro average, since average homeowners premiums including wind ran $2,650 in Lake and $2,940 in Osceola against $3,610 in Orange as of March 2026, and millage runs roughly 18 to 19 mills in the City of Orlando against 13.85 in unincorporated Osceola. Those two lines decide how much cushion your deposits need to show. Subject to underwriting.

$100,000, running up to $3M. The program is investment and business-purpose only, and the term can be short-term or a 30-year, so the same qualifying method covers a quick hold and a long one. Income documentation is bank statements or none depending on the structure. That range covers most Orlando-area single-family and small-portfolio purchases without needing to change programs mid-file. Subject to underwriting.