Condos With Rec Leases Florida Mortgage Lenders
Rec Leases are usually Senior Condo Properties with Florida Condominium recreation leasess held in fee simple. They are usually Senior Communities with Florida Condominium recreation leasess like Country Manor, Century Village, Omega, Etc.
Primary Condos With Florida Condominium Recreation Leases
o Max LTVs for jumbos are as follows:
Maximum 80% LTV up to $1,000,000
Maximum 75% LTV for $1,000,000 – $2,000,000
Maximum 70% LTV for $2,000,000 +
A Florida Condominium recreation lease is a contract between a landowner and a person or group that allows the use of land for recreation. Florida Condominium recreation leasess can apply to condos, where they give access to Florida Condominium recreation leases facilities, or to land for activities like hunting, fishing, and camping.
Florida Condominium Recreation leases for condos
- A long-term lease between a homeowners association (HOA) and a third-party
- Gives access to Florida Condominium recreation facilities for a set period of time
Florida Condominium Recreation Leases
- Allows specific uses of the land for a set period
- Can include activities like hunting, fishing, camping, horseback riding, snowmobiling, and cross-country skiing
Tips for Florida Condominium Recreation Leases
- Have a written contract that clearly states the rights and duties of both parties
- Anticipate potential problems and describe how each would be resolved
- Set realistic expectations
- Understand what to expect before signing any contract
- Talk to leasing companies about average lease rates in your area
- Look for companies that prioritize landowners
Florida Condominium Recreation Lease Properties
Florida Condominium recreation leases properties will be reviewed on a case-by-case basis. Generally, the lease must be subordinate to the mortgage and the term must equal or exceed the term of the loan. Required documentation include a copy of the lease and confirmation how the lease payment is made (typically paid through HOA). Additional documentation may be required.
• This product guide describes guidelines and requirements for the following loan programs:
o Fully Amortizing 3/1, 5/1 and 10/1 Treasury ARMs
• All loans must be manually underwritten and fully documented.
• Loan is subject to a Pre-Close Eligibility review completed prior to final approval.
• All loans must close in the United States.
• Before the loan is registered, the customer must submit their scenario to their Account Executive (AE). The
AE will submit the information to the TPO scenario desk for review. The scenario documentation will be sent to
the investor for further review prior to loan registration to ensure the scenario is viable. Please allow 48 hours
for review. The scenario review requires the following documentation:
o Completed C.H.A.I.R form aka FBC Flex Loan summary cover letter
o 1008
o URLA (all assets must be listed on URLA)
o Credit Report
Florida Recreational Lease Condos We Maybe Able to Help You Finance
Trump Towers Trump Towers
TDR TOWER 1 TDR TOWER 1
BELLAMARE @ WILLIAMS ISLA BELLA MARE
TWO TEQUESTA POINT CONDO Two Tequesta Point Condo
TERRACES NORTH TURNBERRY TERRACES NORTH TURNBERRY
OVERLOOK CONDO OVERLOOK CONDO
1920 Pierce 1920 Pierce
TURNBERRY VILLAGE SO TOWE TURNBERRY VILLAGE
Caseras at Parkland Golf Caseras at Parkland Golf
TWO TEQUESTA POINT CONDO Two Tequesta Condominium
5300 PASEO CONDO 5300 PASEO CONDO
WIND CONDO WIND CONDO
Nobel Point Nobel Point
Ocean Monarch Ocean Monarch
PARAISO BAYVIEWS CONDO Paraiso Bayviews
1920 Pierce 1920 Pierce
Inlet Village Inlet Village
TRELLISES 4B CONDO THE TRELLISES
Old Port Cove Condominium Old Port Cove Condominium
AVENTI AT AVENTURA AVENTI AT AVENTURA
Casa Wyn Casa Wyn
NORTH LEISURE GARDENS NORTH LEISURE GARDENS
Allington Towers North Allington Towers North
The Trellises The Trellises
The Penthouse Condo The Penthouse Condo
SEACREST TOWERS SEACREST TOWERS
Allington South Tower Allington South Tower
Tradewinds Pompano Beach Tradewinds Pompano Beach
NORTH LEISURE GARDENS NORTH LEISURE GARDENS
Suffolk at Century Villa#1 Suffolk Century Vlllage#1
Century Village Century Village
Cambridge-Century Village Cambridge-Century Village
Cambridge Cambridge
LEISURE BEACH CONDO Leisure Beach Condo
Leisure Beach Condo Leisure Beach Condo
Leisure Beach Condo Leisure Beach Condo
BUCKINGHAM EAST AT CENTUR Buckingham E Century VILL
Wynmoor Wynmoor
WHITEHALL CONDO AT CAMIN WHITEHALL CONDO AT CAMIN
MANOR GROVE VILLAGE FOUR MANOR GROVE VILLAGE FOUR
IVANHOE EAST AT CENTURY V Century Village
SUNRISE LAKES 211 CONDO Sunrise Lakes Condos
IVANHOE EAST AT CENTURY V CENTURY VILLAGE
Tradewinds Pompano Beach Tradewinds Pompano Beach
SUNRISE LAKES THE ISLAND SUNRISE LAKES THE ISLAND
Lighthouse Point Gardens Lighthouse Point Gardens
APPLWOOD VILLAGE II-B CON APPLWOOD VILLAGE II-B CON
NORTH LEISURE GARDENS CON NORTH LEISURE GARDENS
CAMBRIDGE AT CENTURY VILL CENTURY VILLAGE
LEISURE BEACH Condo LEISURE BEACH Condo
BUCKINGHAM AT CENTURY VIL BUCKINGHAM AT CENTURY VIL
Hidden Harbor Condominium Hidden Harbor Condominium
Leisure Gardens Condo Leisure Gardens Condo
CAMBRIDGE F CAMBRIDGE F
CENTURY VILLAGE CENTURY VILLAGE
HAWTHORNE AT CENTURY VILL Century Village
Platina Alexandra Village Platina Alexandra Village
Century Village Century Village
HAWTHORNE AT CENTURY VILL CENTURY VILLAGE
IVANHOE EAST IVANHOE EAST
HOLLYBROOK GOLF HOLLYBROOK
IVANHOE EAST AT CENTURY V CENTURY VILLAGE
IVANHOE IVANHOE
ISLES AT LAGO MAR ISLES AT LAGO MAR
CAMBRIDGE AT CENTURY VILL Century Village
DANIANS DANIANS
Century Village Pembroke Century Village Pembroke
Century Village Century Village
HOLLYBROOK GOLF & TENNIS HOLLYBROOK GOLF & TENNIS
SUNRISE LAKES 201 CONDO Sunrise Lakes IV
CAMBRIDGE AT CENTURY VILL CENTURY VILLAGE
Century Village Ivanhoe Century Village Ivanhoe
BUCKINGHAM BUCKINGHAM
SUNRISE LAKES 185 CONDO SUNRISE LAKES PHASE 4
BUCKINGHAM EAST AT CENTUR Century Village
Century Village East Century Village East
IVANHOE IVANHOE
YARMOUTH AT CENTURY VILLA Century Village
FAIRFAX CONDOMINIUM Kings Point
BUCKINGHAM AT CENTURY VIL Century Village
CENTURY VILLAGE SUFFOLK
SUNRISE LAKES 166 CONDO : Map Coord: Complex:
SUFFOLK SUFFOLK
IVANHOE IVANHOE
NEW HAMPTON NEW HAMPTON
BUCKINGHAM EAST AT CENTUR Buckingham East
SUFFOLK AT CENTURY VILLAG CENTURY VILLAGE
CENTURY VILLAGE CENTURY VILLAGE
BUCKINGHAM EAST AT CENTUR Century Village
SUFFOLK AT CENTURY VILLAG Suffolk
CAMBRIDGE AT CENTURY VILL Century Village
FAIRFAX FAIRFAX
KINGS POINT KINGS POINT
SUNRISE LAKES SUNRISE LAKES
BUCKINGHAM I Century Village
PARK PLACE PARK PLACE
PARK PLACE PARK PLACE
IVANHOE WEST AT CENTURY V Century Village
CENTURY VILLAGE CENTURY VILLAGE
THE DANIANS THE DANIANS
CYPRESS ANCHORAGE CONDO CYPRESS ANCHORAGE CONDO
DANIANS CONDOMINIUM NO 2 Danians
HAWTHORNE AT CENTURY VILL Century Village
SUNRISE LAKES 196 CONDO Sunrise Lakes Phase 4
Sunrise Lakes Phase 4 Sunrise Lakes Phase 4
NEWCASTLE AT CENTURY VILL Century Village
CENTURY VILLAGE PLYMOUTH AT CENTURY VILLA
FALMOUTH AT CENTURY VILLA FALMOUTH CENTURY VILLAGE
SUNRISE LAKES 197 CONDO Sunrise Phase 4
Century Village Century Village
Century Village Century Village
Falmouth-Century Village Falmouth-Century Village
CENTURY VILLAGE CENTURY VILLAGE
HAWTHORNE AT CENTURY VILL CENTURY VILLAGE
Century Village Century Village
HAWTHORNE AT CENTURY VILL Hawthorne at CenturyVILLA
GRAND ISLES GRAND ISLES
BUCKINGHAM BUCKINGHAM
Allington Towers Allington Towers
HAWTHORNE AT CENTURY VILL HAWTHORNE
CORAL GATE CORAL GATE
South Leisure By The Sea South Leisure By The Sea
NEW HAMPTON 3 NEW HAMPTON 3
NEW HAMPTON AT CENTURY VI New Hampton
SUFFOLK AT CENTURY VILLAGE Century Village
Century Village Century Village
Sunrise Lakes 4 Sunrise Lakes 4
C.VILLAGE-NEW HAMPTON E C.VILLAGE-NEW HAMPTON E
Century Village Century Village
Buckingham F Buckingham F
Sunrise Lakes Condo IV Sunrise Lakes Condo IV
NEW HAMPTON AT CENTURY VI CENTURY VILLAGE
CENTURY VILLAGE CENTURY VILLAGE
PLYMOUTH AT CENTURY VILLA PLYMOUTH AT CENTURY VILLA
Buckingham L Buckingham L
VICTORIA PARK TOWER CONDO VICTORIA PARK TOWER CONDO
DEVON CONDOMINIUM G Kings Point DEVON
CAMBRIDGE AT CENTURY VILL Century Village
VISTA ROYALE VISTA ROYALE
KINGSLEY AT CENTURY VILLA CENTURY VILLAGE
Buckingham Buckingham
CENTURY VILLAGE CENTURY VILLAGE
FALMOUTH AT CENTURY VILLA FALMOUTH
Century Village Century Village
CENTURY VILLAGE CENTURY VILLAGE
Leisure by the Sea South Leisure by the Sea South
New Hampton at Century Vi New Hampton at Century Vi
NEWCASTLE AT CENTURY VILL Century Village
GRAND ISLES GRAND ISLES
GRAND ISLES GRAND ISLES
BUCKINGHAM AT CENTURY VIL BUCKINGHAM AT CENTURY VIL
Hidden Harbor Condominium Hidden Harbor Condominium
Leisure Gardens Condo Leisure Gardens Condo
CAMBRIDGE F CAMBRIDGE F
CENTURY VILLAGE CENTURY VILLAGE
HAWTHORNE AT CENTURY VILL Century Village
Platina Alexandra Village Platina Alexandra Village
Century Village Century Village
HAWTHORNE AT CENTURY VILL CENTURY VILLAGE
IVANHOE EAST IVANHOE EAST
HOLLYBROOK GOLF HOLLYBROOK
IVANHOE EAST AT CENTURY V CENTURY VILLAGE
IVANHOE IVANHOE
ISLES AT LAGO MAR ISLES AT LAGO MAR
CAMBRIDGE AT CENTURY VILL Century Village
DANIANS DANIANS
Century Village Pembroke Century Village Pembroke
Century Village Century Village
HOLLYBROOK GOLF & TENNIS HOLLYBROOK GOLF & TENNIS
SUNRISE LAKES 201 CONDO Sunrise Lakes IV
CAMBRIDGE AT CENTURY VILL CENTURY VILLAGE
Century Village Ivanhoe Century Village Ivanhoe
BUCKINGHAM BUCKINGHAM
SUNRISE LAKES 185 CONDO SUNRISE LAKES PHASE 4
BUCKINGHAM EAST AT CENTUR Century Village
Century Village East Century Village East
IVANHOE IVANHOE
YARMOUTH AT CENTURY VILLA Century Village
FAIRFAX CONDOMINIUM Kings Point
BUCKINGHAM AT CENTURY VIL Century Village
CENTURY VILLAGE SUFFOLK
SUNRISE LAKES 166 CONDO : Map Coord: Complex:
SUFFOLK SUFFOLK
IVANHOE IVANHOE
NEW HAMPTON NEW HAMPTON
BUCKINGHAM EAST AT CENTUR Buckingham East
SUFFOLK AT CENTURY VILLAG CENTURY VILLAGE
CENTURY VILLAGE CENTURY VILLAGE
BUCKINGHAM EAST AT CENTUR Century Village
SUFFOLK AT CENTURY VILLAG Suffolk
CAMBRIDGE AT CENTURY VILL Century Village
FAIRFAX FAIRFAX
KINGS POINT KINGS POINT
SUNRISE LAKES SUNRISE LAKES
BUCKINGHAM I Century Village
PARK PLACE PARK PLACE
PARK PLACE PARK PLACE
IVANHOE WEST AT CENTURY V Century Village
CENTURY VILLAGE CENTURY VILLAGE
THE DANIANS THE DANIANS
TDR TOWER 1 TDR TOWER 1
BELLAMARE @ WILLIAMS ISLA BELLA MARE
TWO TEQUESTA POINT CONDO Two Tequesta Point Condo
TERRACES NORTH TURNBERRY TERRACES NORTH TURNBERRY
OVERLOOK CONDO OVERLOOK CONDO
1920 Pierce 1920 Pierce
TURNBERRY VILLAGE SO TOWE TURNBERRY VILLAGE
Caseras at Parkland Golf Caseras at Parkland Golf
TWO TEQUESTA POINT CONDO Two Tequesta Condominium
5300 PASEO CONDO 5300 PASEO CONDO
WIND CONDO WIND CONDO
Nobel Point Nobel Point
Ocean Monarch Ocean Monarch
PARAISO BAYVIEWS CONDO Paraiso Bayviews
1920 Pierce 1920 Pierce
Inlet Village Inlet Village
TRELLISES 4B CONDO THE TRELLISES
Old Port Cove Condominium Old Port Cove Condominium
AVENTI AT AVENTURA AVENTI AT AVENTURA
Casa Wyn Casa Wyn
NORTH LEISURE GARDENS NORTH LEISURE GARDENS
Allington Towers North Allington Towers North
The Trellises The Trellises
The Penthouse Condo The Penthouse Condo
SEACREST TOWERS SEACREST TOWERS
Allington South Tower Allington South Tower
Tradewinds Pompano Beach Tradewinds Pompano Beach
NORTH LEISURE GARDENS NORTH LEISURE GARDENS
Suffolk at Century Villa#1 Suffolk Century Vlllage#1
Century Village Century Village
Cambridge-Century Village Cambridge-Century Village
Cambridge Cambridge
LEISURE BEACH CONDO Leisure Beach Condo
Leisure Beach Condo Leisure Beach Condo
Leisure Beach Condo Leisure Beach Condo
BUCKINGHAM EAST AT CENTUR Buckingham E Century VILL
Wynmoor Wynmoor
WHITEHALL CONDO AT CAMIN WHITEHALL CONDO AT CAMIN
MANOR GROVE VILLAGE FOUR MANOR GROVE VILLAGE FOUR
IVANHOE EAST AT CENTURY V Century Village
SUNRISE LAKES 211 CONDO Sunrise Lakes Condos
IVANHOE EAST AT CENTURY V CENTURY VILLAGE
Tradewinds Pompano Beach Tradewinds Pompano Beach
SUNRISE LAKES THE ISLAND SUNRISE LAKES THE ISLAND
Lighthouse Point Gardens Lighthouse Point Gardens
APPLWOOD VILLAGE II-B CON APPLWOOD VILLAGE II-B CON
NORTH LEISURE GARDENS CON NORTH LEISURE GARDENS
CAMBRIDGE AT CENTURY VILL CENTURY VILLAGE
LEISURE BEACH Condo LEISURE BEACH Condo
BUCKINGHAM AT CENTURY VIL BUCKINGHAM AT CENTURY VIL
Hidden Harbor Condominium Hidden Harbor Condominium
Leisure Gardens Condo Leisure Gardens Condo
CAMBRIDGE F CAMBRIDGE F
CENTURY VILLAGE CENTURY VILLAGE
HAWTHORNE AT CENTURY VILL Century Village
Platina Alexandra Village Platina Alexandra Village
Century Village Century Village
HAWTHORNE AT CENTURY VILL CENTURY VILLAGE
IVANHOE EAST IVANHOE EAST
HOLLYBROOK GOLF HOLLYBROOK
IVANHOE EAST AT CENTURY V CENTURY VILLAGE
IVANHOE IVANHOE
ISLES AT LAGO MAR ISLES AT LAGO MAR
CAMBRIDGE AT CENTURY VILL Century Village
DANIANS DANIANS
Century Village Pembroke Century Village Pembroke
Century Village Century Village
HOLLYBROOK GOLF & TENNIS HOLLYBROOK GOLF & TENNIS
SUNRISE LAKES 201 CONDO Sunrise Lakes IV
CAMBRIDGE AT CENTURY VILL CENTURY VILLAGE
Century Village Ivanhoe Century Village Ivanhoe
BUCKINGHAM BUCKINGHAM
SUNRISE LAKES 185 CONDO SUNRISE LAKES PHASE 4
BUCKINGHAM EAST AT CENTUR Century Village
Century Village East Century Village East
IVANHOE IVANHOE
YARMOUTH AT CENTURY VILLA Century Village
FAIRFAX CONDOMINIUM Kings Point
BUCKINGHAM AT CENTURY VIL Century Village
CENTURY VILLAGE SUFFOLK
SUNRISE LAKES 166 CONDO : Map Coord: Complex:
SUFFOLK SUFFOLK
IVANHOE IVANHOE
NEW HAMPTON NEW HAMPTON
BUCKINGHAM EAST AT CENTUR Buckingham East
SUFFOLK AT CENTURY VILLAG CENTURY VILLAGE
CENTURY VILLAGE CENTURY VILLAGE
BUCKINGHAM EAST AT CENTUR Century Village
SUFFOLK AT CENTURY VILLAG Suffolk
CAMBRIDGE AT CENTURY VILL Century Village
FAIRFAX FAIRFAX
KINGS POINT KINGS POINT
SUNRISE LAKES SUNRISE LAKES
BUCKINGHAM I Century Village
PARK PLACE PARK PLACE
PARK PLACE PARK PLACE
IVANHOE WEST AT CENTURY V Century Village
CENTURY VILLAGE CENTURY VILLAGE
THE DANIANS THE DANIANS
CYPRESS ANCHORAGE CONDO CYPRESS ANCHORAGE CONDO
DANIANS CONDOMINIUM NO 2 Danians
HAWTHORNE AT CENTURY VILL Century Village
SUNRISE LAKES 196 CONDO Sunrise Lakes Phase 4
Sunrise Lakes Phase 4 Sunrise Lakes Phase 4
NEWCASTLE AT CENTURY VILL Century Village
CENTURY VILLAGE PLYMOUTH AT CENTURY VILLA
FALMOUTH AT CENTURY VILLA FALMOUTH CENTURY VILLAGE
SUNRISE LAKES 197 CONDO Sunrise Phase 4
Century Village Century Village
Century Village Century Village
Falmouth-Century Village Falmouth-Century Village
CENTURY VILLAGE CENTURY VILLAGE
HAWTHORNE AT CENTURY VILL CENTURY VILLAGE
Century Village Century Village
HAWTHORNE AT CENTURY VILL Hawthorne at CenturyVILLA
GRAND ISLES GRAND ISLES
BUCKINGHAM BUCKINGHAM
Allington Towers Allington Towers
HAWTHORNE AT CENTURY VILL HAWTHORNE
CORAL GATE CORAL GATE
South Leisure By The Sea South Leisure By The Sea
NEW HAMPTON 3 NEW HAMPTON 3
NEW HAMPTON AT CENTURY VI New Hampton
SUFFOLK AT CENTURY VILLAGE Century Village
Century Village Century Village
Sunrise Lakes 4 Sunrise Lakes 4
C.VILLAGE-NEW HAMPTON E C.VILLAGE-NEW HAMPTON E
Century Village Century Village
Buckingham F Buckingham F
Sunrise Lakes Condo IV Sunrise Lakes Condo IV
NEW HAMPTON AT CENTURY VI CENTURY VILLAGE
CENTURY VILLAGE CENTURY VILLAGE
PLYMOUTH AT CENTURY VILLA PLYMOUTH AT CENTURY VILLA
Buckingham L Buckingham L
VICTORIA PARK TOWER CONDO VICTORIA PARK TOWER CONDO
DEVON CONDOMINIUM G Kings Point DEVON
CAMBRIDGE AT CENTURY VILL Century Village
VISTA ROYALE VISTA ROYALE
KINGSLEY AT CENTURY VILLA CENTURY VILLAGE
Buckingham Buckingham
CENTURY VILLAGE CENTURY VILLAGE
FALMOUTH AT CENTURY VILLA FALMOUTH
Century Village Century Village
CENTURY VILLAGE CENTURY VILLAGE
Leisure by the Sea South Leisure by the Sea South
New Hampton at Century Vi New Hampton at Century Vi
NEWCASTLE AT CENTURY VILL Century Village
GRAND ISLES GRAND ISLES
GRAND ISLES GRAND ISLES
BUCKINGHAM AT CENTURY VIL BUCKINGHAM AT CENTURY VIL
Hidden Harbor Condominium Hidden Harbor Condominium
Leisure Gardens Condo Leisure Gardens Condo
CAMBRIDGE F CAMBRIDGE F
CENTURY VILLAGE CENTURY VILLAGE
HAWTHORNE AT CENTURY VILL Century Village
Platina Alexandra Village Platina Alexandra Village
Century Village Century Village
HAWTHORNE AT CENTURY VILL CENTURY VILLAGE
IVANHOE EAST IVANHOE EAST
HOLLYBROOK GOLF HOLLYBROOK
IVANHOE EAST AT CENTURY V CENTURY VILLAGE
IVANHOE IVANHOE
ISLES AT LAGO MAR ISLES AT LAGO MAR
CAMBRIDGE AT CENTURY VILL Century Village
DANIANS DANIANS
Century Village Pembroke Century Village Pembroke
Century Village Century Village
HOLLYBROOK GOLF & TENNIS HOLLYBROOK GOLF & TENNIS
SUNRISE LAKES 201 CONDO Sunrise Lakes IV
CAMBRIDGE AT CENTURY VILL CENTURY VILLAGE
Century Village Ivanhoe Century Village Ivanhoe
BUCKINGHAM BUCKINGHAM
SUNRISE LAKES 185 CONDO SUNRISE LAKES PHASE 4
BUCKINGHAM EAST AT CENTUR Century Village
Century Village East Century Village East
IVANHOE IVANHOE
YARMOUTH AT CENTURY VILLA Century Village
FAIRFAX CONDOMINIUM Kings Point
BUCKINGHAM AT CENTURY VIL Century Village
CENTURY VILLAGE SUFFOLK
SUNRISE LAKES 166 CONDO : Map Coord: Complex:
SUFFOLK SUFFOLK
IVANHOE IVANHOE
NEW HAMPTON NEW HAMPTON
BUCKINGHAM EAST AT CENTUR Buckingham East
SUFFOLK AT CENTURY VILLAG CENTURY VILLAGE
CENTURY VILLAGE CENTURY VILLAGE
BUCKINGHAM EAST AT CENTUR Century Village
SUFFOLK AT CENTURY VILLAG Suffolk
CAMBRIDGE AT CENTURY VILL Century Village
FAIRFAX FAIRFAX
KINGS POINT KINGS POINT
SUNRISE LAKES SUNRISE LAKES
BUCKINGHAM I Century Village
PARK PLACE PARK PLACE
PARK PLACE PARK PLACE
IVANHOE WEST AT CENTURY V Century Village
CENTURY VILLAGE CENTURY VILLAGE
THE DANIANS THE DANIANS
