Another South Florida unique product that allows for vacation or investment home buyers to obtain financing on the most prestige’s Condo-Hotel projects in South Florida.
It allows you not like any other banks to borrow up to 70% of the purchase price or appraised value whichever is lower. It has no limitations non-warrantable condos and this product applies to domestic buyers as well as to foreign buyers.
This type of loan secured by the Mortgage is exempt from any provisions of the Real Estate Settlement Procedures Act of 1974, as amended and Regulation “X” of the Secretary of Housing and Urban Development because the proceeds of the Loan and the Loan proceeds are being used for as an extension of credit primarily for a business, commercial, or agricultural purpose, as defined by 12 CFR 1026.3(a) (1) of Regulation Z.
Our Loan Products
Conforming Loans
- Loan Amount up to FNMA Limits
- Minimum Credit Score 640
- Primary Residency
- No Reserves Required
Stated Income Loans
- Loan Amount up to $5,000,000
- Purchase up to 75% LTV
- Non-Warrantable Condos
- Primary Properties
No Income Loans
- Loan Amount up to $5,000,000
- Purchase up to 80% LTV
- Non-Warrantable Condos
- Investment Properties
Bank Statement Loans
- Loan Amount up to $10,000,000
- Purchase up to 90% LTV
- Non-Warrantable Condos
- No Tax Returns Required
Condo Hotel Loans
- Loan Amount up to $5,000,000
- Purchase up to 70% LTV
- No Reserves Required
- Foreign Nationals Acceptable
Foreign National Loans
- Loan Amount up to $10,000,000
- Purchase up to 75% LTV
- Cash Out up to 70% LTV
- All Nationalities are Welcome
Jumbo Loans
- Loan Amount up to $50,000,000
- Purchase up to 90% LTV
- Primary Residency
- Investment Properties
Private Money Loans
- Loan Amount up to $10,000,000
- Purchase up to 75% LTV
- Investment Property Only
- No Min Credit Score Neede