Pledged Assets Cross Collateral

Super jumbo and jumbo Florida mortgage Pledged Assets and  jumbo cross collateral Florida mortgage lenders serving all of Florida including the cities of  Miami-Fort Lauderdale-Pompano Beach, FL: Cape Coral-Fort Myers, FL: Key West, FL: Orlando-Kissimmee-Sanford, FL: Port St. Lucie, FL: Crestview-Fort Walton Beach-Destin, FL:  North Port-Sarasota-Bradenton, FL: Sebastian-Vero Beach, FL: 

Jumbo and Super Jumbo Florida Mortgage Requirements:

The obligor (the party that pledges the eligible assets) does not have to be the borrower nor does the obligor need to have a family relation to the borrower.

Jumbo Florida Property Types:

Primary Residences, Second Homes, and Investment Properties

Pledged Assets:

Eligible Liquid Assets:
• Eligible Assets include stocks, bonds, CDs, savings accounts, and mutual funds.
• Eligible Assets must be managed by the Florida pledged Asset Mortgage Lender. 
• Eligible Assets must be held in an account based in the U.S., either by a U.S. entity or the U.S. branch of a foreign entity.
• Eligible Assets do not include assets bought on margin, options, warrants, IRA assets, 401K assets, annuities, insurance benefits, and 529 or other education savings plans.

Securities Documentation:

If securities are pledged, a review and approval of the securities is required:
• The borrower/obligor must execute the Pledge Agreement before loan funding; and
• The securities intermediary must execute the Account Control Agreement prior to loan funding.
• FR U-I Form must be completed and executed by the borrower. Forms can be found at: https://www.federalreserve.gov/apps/reportforms/default.aspx

Pledge Amount:

The base pledge amount equals the equity requirement percentage multiplied by the property value (minus any equity or down payment). The Initial Pledge Amount equals the Base Pledge Amount multiplied by two hundred percent (200%), if noncash and one hundred percent (100%), if cash. The Minimum Pledge Amount equals the Base Pledge Amount multiplied by 168%.

• A Pledged Asset Account funded with 100% Cash Equivalent Assets has an Initial Pledge Amount and Minimum Pledge Amount equal to 100% of the Base Pledge Amount.

• Throughout the term of the pledge agreement, the obligor will be required to maintain a Pledge Account value equal to or above the Initial Pledge Amount. If the Pledged Account value ever falls to or below the Minimum Pledge Amount, the obligor will immediately be required to bring the Pledged Account value equal to or above the Initial Pledge Amount.

Example Pledge Amount Calculation:
• Loan amount requested is 90% of the value (lower of the sales price or appraisal value); $1,000,000 value $900,000 loan
• Identify the available LTV per the matrix and calculate the notional loan amount at that LTV: (e.g. if max LTV is 70%, then the notional loan amount is $700,000; subtract this amount from the requested loan amount; and the difference is the base pledge amount required.
• If the borrower is pledging cash the pledge required would be $200,000, and, if securities, the pledge required would be $400,000.
• In this example, the actual LTV is 90% and the effective LTV is 70%)

Jumbo and Super Jumbo Florida Mortgage  Options:

• Bridge-to-Sale – Help clients access their listed property’s equity before its sale.
• Condo Condotel – Super Jumbo Condo and Condotel Florida mortgage lenders for Unique properties. 
• Pledged Asset – Leverage assets (stocks, mutual funds, etc.) without liquidating. Jumbo cashouts up to 90% of a home’s value by pledging security assets or savings.
• DSCR– Jumbo DSCR loans for investment properties using only 1007 rental income to qualify. 
• Bad Credit Florida Jumbo Mortgage– Jumbo mortgage exceptions with unforeseen circumstances. 
• Bank Statement– Use multiple income streams for qualification, including personal or business bank statements.
• Foreign National – Non-Resident– Jumbo Super Jumbo refinance up to 15 MM with CPA letter on independent CPA firm’s company letterhead properly dated.
• Asset Depletion– Increase client purchasing power by calculating assets into qualifying income, without liquidating.
• Cross-Collateralization– Access Jumbo home equity to purchase a new home without having to sell first. Cashout up to 100% of a home’s value by securing the loan against an additional free and clear property.

2025 Cities with the most expensive homes in Florida

Anna Maria

• Typical home value: $1,988,192

• 1-year price change: –5.3%

• 5-year price change: +100.2%

Pinecrest

• Typical home value: $2,082,579

• 1-year price change: +7.3%

• 5-year price change: +114.5%

Palm Beach

• Typical home value: $2,127,973

• 1-year price change: +1.9%

•  5-year price change: +95.4%

Gulf Stream

• Typical home value: $2,589,663

• 1-year price change: +1.3%

• 5-year price change: +91.2%

Golf

•  Typical home value: $2,856,514

• 1-year price change: +6.2%

• 5-year price change: +153.8%

Boca Grande

• Typical home value: $2,932,851

•  1-year price change: -2.5%

• 5-year price change: +81.5%

Jupiter Inlet Colony

• Typical home value: $3,629,533

• 1-year price change: -0.3%

• 5-year price change: +127.4%

Manalapan

• Typical home value: $4,024,925

• 1-year price change: -2.1%

• 5-year price change: +101.1%

Lake Buena Vista

• Typical home value: $5,487,628

• 1-year price change: +8.1%

• 5-year price change: N/A

Fisher Island

• Typical home value: $6,015,499

• 1-year price change: +7.9%

• 5-year price change: +94.7%

Golden Beach

• Typical home value: $7,426,448

• 1-year price change: +2.9%

• 5-year price change: +100.0% 

Jupiter Island

• Typical home value: $9,399,460

• 1-year price change:: +0.1%

• 5-year price change: +73.7%

Parkland

– Typical home value: $1,058,200
– 1-year price change: +0.3%
– 5-year price change: +66.5%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Key West

– Typical home value: $1,059,849
– 1-year price change: -3.6%
– 5-year price change: +53.9%
– Metro area: Key West, FL

Summerland Key

– Typical home value: $1,060,723
– 1-year price change: -2.5%
– 5-year price change: +72.7%
– Metro area: Key West, FL

Village of Palmetto Bay

– Typical home value: $1,076,136
– 1-year price change: +5.7%
– 5-year price change: +91.9%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Lake Hart

– Typical home value: $1,147,637
– 1-year price change: +5.1%
– 5-year price change: +80.5%
– Metro area: Orlando-Kissimmee-Sanford, FL

Miromar Lakes

– Typical home value: $1,203,593
– 1-year price change: -0.8%
– 5-year price change: +76.2%
– Metro area: Cape Coral-Fort Myers, FL

. Surfside

– Typical home value: $1,218,248
– 1-year price change: +4.9%
– 5-year price change: +88.5%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

 Islamorada

– Typical home value: $1,220,474
– 1-year price change: -2.9%
– 5-year price change: +78.9%
– Metro area: Key West, FL

Sewalls Point

– Typical home value: $1,314,877
– 1-year price change: -1.5%
– 5-year price change: +76.1%
– Metro area: Port St. Lucie, FL

Captiva

– Typical home value: $1,320,600
– 1-year price change: -5.9%
– 5-year price change: +40.8%
– Metro area: Cape Coral-Fort Myers, FL

Southwest Ranches

– Typical home value: $1,367,611
– 1-year price change: +8.7%
– 5-year price change: +98.3%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Indian River Shores

– Typical home value: $1,400,429
– 1-year price change: -0.2%
– 5-year price change: +80.8%
– Metro area: Sebastian-Vero Beach, FL

 Ocean Ridge

– Typical home value: $1,419,683
– 1-year price change: -0.6%
– 5-year price change: +89.9%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Inlet Beach

– Typical home value: $1,469,369
– 1-year price change: -6.8%
– 5-year price change: +59.1%
– Metro area: Crestview-Fort Walton Beach-Destin, FL

Coral Gables

– Typical home value: $1,495,811
– 1-year price change: +6.2%
– 5-year price change: +90.2%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Key Biscayne

– Typical home value: $1,627,459
– 1-year price change: -1.0%
– 5-year price change: +52.6%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Bal Harbour

– Typical home value: $1,818,306
– 1-year price change: +2.3%
– 5-year price change: +56.2%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Sea Ranch Lakes

– Typical home value: $1,926,850
– 1-year price change: +1.0%
– 5-year price change: +111.1%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Anna Maria

– Typical home value: $1,963,023
– 1-year price change: -7.6%
– 5-year price change: +95.8%
– Metro area: North Port-Sarasota-Bradenton, FL

Pinecrest

– Typical home value: $2,087,994
– 1-year price change: +5.6%
– 5-year price change: +112.1%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Palm Beach

– Typical home value: $2,133,921
– 1-year price change: +0.8%
– 5-year price change: +93.4%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

 Gulf Stream

– Typical home value: $2,545,003
– 1-year price change: +0.1%
– 5-year price change: +88.4%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Fisher Island

– Typical home value: $6,022,488
– 1-year price change: +6.9%
– 5-year price change: +93.6%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

Golden Beach

– Typical home value: $7,384,893
– 1-year price change: +1.7%
– 5-year price change: +95.9%
– Metro area: Miami-Fort Lauderdale-Pompano Beach, FL

 Jupiter Island

– Typical home value: $9,747,139
– 1-year price change: -1.4%
– 5-year price change: +70.7%
– Metro area: Port St. Lucie, FL