80% LTV Purchase Loan for Married Couple’s First Home

On behalf of a husband and wife, we obtained a purchase loan for a single-family residence in Miami Shores, Florida. Previously, the couple had been renting an apartment in the Midtown neighborhood of Miami. The husband is self-employed and the wife is employed. They had minimal conditions to clear, and the approval process went very smoothly. Their loan terms include a $440,000 loan amount, 80% loan-to-value (LTV), and a 30-year fixed interest rate of 4%.

Latest Success Stories

U.K. Investor’s Win: Mastering Short-Term Rental Financing in Florida’s Market

Foreign Investor’s Success in Florida’s Short-Term Rental Market Short-term rental financing is a niche loan

$2.5M Jumbo Purchase Of Luxury Condo Despite Association Having Zero Reserves

Our client, who recently moved with his family from New York to South Florida went

Purchase Loan for 29.22-Acre Ranch

Our client was under contract to purchase a gorgeous ranch-style house sitting on 29.22 acres

DSCR Loan to Refinance Investment Property in Surfside, Florida

Our client and his brother recently inherited their parents’ home after both parents passed away.

More Success Stories

U.K. Investor’s Win: Mastering Short-Term Rental Financing in Florida’s Market

Foreign Investor’s Success in Florida’s Short-Term Rental Market Short-term rental financing is a niche loan product. DAK Mortgage recently guided a U.K. client based in

$2.5M Jumbo Purchase Of Luxury Condo Despite Association Having Zero Reserves

Our client, who recently moved with his family from New York to South Florida went under contract with the developer to purchase a newly constructed

Purchase Loan for 29.22-Acre Ranch

Our client was under contract to purchase a gorgeous ranch-style house sitting on 29.22 acres in Central Florida. The loan file had two main challenges.