Prepayment Penalty Rules for DSCR Loans in Florida

Prepayment Penalties are Fully Allowed with no restrictions for DSCR Loans in Florida. The relevant mortgage regulations in Florida are found in Fla. Stat. § 494.00792 which apply only to "residential mortgage loans" for personal, family, or household use, and do not apply to DSCR Loans which are business-purpose only and fall outside of consumer uses. As such, DSCR Lenders can typically offer all standard prepayment penalty options such as Descending Prepay Penalties (i.e. “3/2/1”), Flat Prepay (i.e. 5/5/5/5/5) or other tailored structures in the Sunshine State.

FULL Complete 2026 Guide To DSCR Loan Prepayment Penalties

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