Mar 1, 2020 | Condominiums, News, Residential Loans, Residential Loans for Non-U.S.-Citizens
The National Association of REALTORS conducted a survey of residential real estate transactions with international clients that closed from August 2018 through July 2019. By “international clients,” the survey refers to two groups of foreign buyers: (1)... 
Jul 22, 2019 | Condominiums, Mortgage Brokers, News, Residential Loans, Residential Loans for Non-U.S.-Citizens
Recently, we have been receiving several calls from our referral partners letting us know that their clients are looking for financing to purchase condominium units in South Florida, particularly the downtown Miami and Brickell areas. This uptick in interest is due,... 
Jul 3, 2019 | Condominiums, Mortgage Brokers, News, Nonwarrantable Condominiums
We are pleased to announce that our article, “The Keys to Financing: Helping Your Client Obtain a Mortgage for a Fla. Condo,” was published in the Daily Business Review on July 3, 2019. Click here to read the full article. Reprinted with permission from... 
May 20, 2019 | Condominiums, Nonwarrantable Condominiums, Residential Loans
You have your heart set on purchasing a condo unit in sunny Florida. You also want a conventional mortgage for that unit. However, if the condominium project does not satisfy Fannie Mae guidelines, you will not qualify for a conventional loan. Two common reasons why a... 
Mar 5, 2019 | Condominiums, Promotional Offers, Residential Loans
With South Florida condominium sales on the decline, developers of luxury condos are offering incentives to buyers, and we can help provide you with non-warrantable condo financing. Here is a sample of some of the deals: Reach and Rise at Brickell City Centre (150 of... 
Feb 27, 2019 | Condominiums, Nonwarrantable Condominiums, Residential Loans, SERIES: Bank Turndowns
If you are looking for financing to purchase or invest in a Florida condominium, be prepared. Condo financing presents unique challenges, particularly in Florida: Compared to single-family homes, the loan approval process is more complex for condos. Essentially, the...
