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Anna Maria · Holmes Beach · Bradenton Beach · Cortez

Anna Maria Island Vacation Rental Loans

DSCR, investment and second-home financing from a Bradenton team 20 minutes from the bridge.

Buying a rental on Anna Maria Island means more than a rate. Flood zone, elevation, post-hurricane repairs, city rental registration and insurance all decide whether the numbers work. We check those before you write the offer, then match the property to a DSCR loan that qualifies on the rent, a conventional investment loan, or a second-home loan.

Run the rental numbers → 📞 Call (941) 529-1040

DSCR, conventional & second home Flood & 50% rule reviewed up front Local Bradenton office 4.9★ on Google

How do you finance a vacation rental on Anna Maria Island? Most island rentals are financed one of three ways: a DSCR loan that qualifies on the property's rental income (often 20–25% down, no tax returns, LLC allowed), a conventional investment loan that uses your income (from about 15% down on a single unit), or a second-home loan if you'll use the home yourself and rent it only occasionally (from 10% down). Before you buy, confirm the city's vacation rental registration rules in Anna Maria, Holmes Beach or Bradenton Beach, get a flood insurance quote and elevation certificate, and check whether hurricane repairs triggered FEMA's 50% rule. The Galli Team at Novus Home Mortgage, based at 1317 3rd Ave W in downtown Bradenton, finances island rentals and second homes, including jumbo loans to $5 million.

Chris Galli, Region Manager, Novus Home Mortgage · NMLS #13152 · (941) 529-1040

Loan options

Three ways to finance an island rental.

	DSCR loan	Conventional investment	Second home
Qualifies on	The property's rent	Your income and debts	Your income and debts
Typical down	Often 20–25%	From 15% (single unit)	From 10%
Tax returns	Not required	Required	Required
Rental use	Short- or long-term	Short- or long-term	Occasional; you must use it
LLC ownership	Usually allowed	Personal name	Personal name
Pricing	Higher	Lower	Lowest of the three
Best for	Investors, self-employed, growing portfolios	Strong W-2 income, first rental	Snowbirds and family getaways

A second home can't be primarily a rental business. If you plan to rent it most of the year, it's an investment property, and the loan must be set up that way.

Know before you buy

What makes island rentals different.

Three cities, three rulebooks

Anna Maria, Holmes Beach and Bradenton Beach each regulate vacation rentals with their own registration, inspection and occupancy rules. Confirm the rules for the exact address before you count on rental income.

Flood zone & elevation

Much of the island is in a FEMA special flood hazard area, where flood insurance is required on most mortgages. An elevation certificate drives the premium, so ask for it on day one.

The 50% rule

After 2024's storms, many homes were repaired. In flood zones, improvements over 50% of the structure's value can require bringing the home up to current flood code. Ask what was repaired and whether permits were closed.

Wind & homeowners insurance

Roof age, construction and wind mitigation features change the premium a lot. We get real quotes during your inspection period so the DSCR math uses real numbers.

Condos & condo-hotels

Rental-heavy buildings and condo-hotels are usually non-warrantable. DSCR and portfolio programs can still finance them. Condo financing →

Licenses & taxes

Short-term rentals in Florida need a state vacation rental license and must collect state sales tax and Manatee County's tourist development tax. Budget for management, cleaning and slower summer weeks.

Rules change and vary by city and building. Confirm current requirements with the city, Manatee County and the association before you buy.

DSCR calculator

Does the rent cover the payment?

DSCR is the monthly rent divided by the monthly payment, including taxes, insurance (wind and flood) and HOA. For short-term rentals, use the average month across the whole year, not peak season. Many programs look for 1.0 or higher.

Estimated monthly payment (PITIA)

$—

Estimated DSCR

—

Enter the price and rent to see the ratio.

Illustration only, using an example investment rate and a 30-year term. For short-term rentals, some programs use booking history or market estimates instead of a lease. Not a quote or approval.

Check this property with Chris → 📞 Talk it through

Island numbers

Anna Maria loan examples we see often.

Holmes Beach · $1.3M

Investor adding a third rental

A DSCR loan with 25% down, using the home's booking history. No tax returns, closed in an LLC, flood quote locked in before the inspection ended.

Anna Maria · $2.4M

Family second home, rented a few weeks a year

A jumbo second-home loan with 20% down. They use it most of the year, so it qualified as a second home, not an investment.

Bradenton Beach condo · $640K

Rental-heavy building

The building was non-warrantable, so a DSCR condo program with 25% down replaced the conventional loan the buyer first applied for elsewhere.

Cortez · $780K

Post-storm renovated home

We confirmed the repairs were permitted and closed under the 50% rule before the inspection period ended, then used a conventional investment loan with 15% down.

Examples are composites of typical files, not specific borrowers. Every loan is priced and approved on its own facts.

Chris Galli, Region Manager, Novus Home Mortgage, Bradenton FL

"On the island, the flood zone, the repairs and the city's rental rules matter as much as the rate. We check all three before you make the offer, so there are no surprises at the closing table."

Chris Galli · Region Manager · Novus Home Mortgage · NMLS #13152 · Bradenton

For investor-friendly agents

Investor buyers who know their numbers.

DSCR in a day

Send the address, price and expected rent. We'll tell you within one business day whether the numbers work and what down payment it takes.

Out-of-state investors

Buyers from anywhere can close remotely, and we're licensed in all 50 states.

Seller credits that help

A seller-paid buydown can lower the payment and improve the DSCR. See the buydown page →

Get started · No hard credit pull

Send us the property. We'll run the numbers.

Tell us the address or area and how you plan to rent it. We'll call with the loan options that fit.

Rather talk now? Call (941) 529-1040 or book a call.

Quick answers

Anna Maria Island loan FAQ.

Can I get a mortgage on an Anna Maria Island vacation rental?

Yes. Island rentals are commonly financed with a DSCR loan that qualifies on the property's rental income, a conventional investment loan that uses your income, or a second-home loan if you'll use the home yourself and rent it only occasionally. Jumbo financing is available up to $5 million.

How much do I need down on an Anna Maria rental?

Conventional investment loans start around 15% down on a single-unit home, DSCR loans typically need 20% to 25% down, and second-home loans can start at 10% down. Condo-hotels, non-warrantable condos and larger jumbo loans may need more.

Can I qualify using the rental income instead of my tax returns?

Yes, with a DSCR loan. The lender compares the property's rent to its full monthly payment, including taxes, wind and flood insurance and HOA dues. For short-term rentals, some programs use the home's booking history or a market rent estimate instead of a lease.

Can I use a second-home loan and still rent it out?

Only occasionally. A second home must be one you use yourself and can't be run primarily as a rental business. If you plan to rent it most of the year, it needs to be financed as an investment property.

Do I need flood insurance on Anna Maria Island?

Most likely. Much of the island is in a FEMA special flood hazard area, and flood insurance is required on most mortgages there. The elevation certificate is the biggest factor in the premium, so get a quote early, before your inspection period ends.

What is the 50% rule, and why does it matter after the hurricanes?

In a flood zone, if improvements or repairs cost more than 50% of the structure's value, the home generally must be brought up to current flood code, which can mean elevating it. After the 2024 storms, ask what was repaired, whether permits were pulled and closed, and how the city treated the work before you buy.

Do I need a license to rent short-term on the island?

Yes. Florida requires a vacation rental license for short-term rentals, and you must collect state sales tax and Manatee County's tourist development tax. Anna Maria, Holmes Beach and Bradenton Beach each also have their own registration, inspection and occupancy rules.

Can I finance a condo or condo-hotel on the island?

Often, yes. Rental-heavy buildings and condo-hotels are usually non-warrantable, which rules out most conventional loans, but DSCR and portfolio programs can still finance many of them, typically with 25% or more down.

Can I buy an Anna Maria rental in an LLC?

Yes, with most DSCR loans. Conventional investment and second-home loans close in your personal name.

Where is The Galli Team located?

Our office is at 1317 3rd Ave W in downtown Bradenton, about 20 minutes from the Anna Maria Island bridges. We're licensed in all 50 states, so out-of-state buyers can close remotely.

More ways we say yes.

Investment & vacation rentalsSarasota and Bradenton rentals DSCR investor loansThe program in depth DSCR pre-qualificationGet a quick investor quote Condo financingRental-heavy buildings Jumbo loansGulf-front homes to $5M Self-employed mortgagesSix ways to qualify Bradenton mortgage lenderOur home office Sarasota mortgage lenderSiesta Key, Lido & Longboat Buying from out of stateClose remotely

Ready when you are

One call. A real answer.

Fifteen minutes with Chris or the team, no hard credit pull, and you'll know whether the rental pencils out and which loan fits.

📞 Call (941) 529-1040 📅 Book a call

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