By Thomas Martin P: 954-667-9110
Townhouse Mortgage Lenders Florida
What’s the difference between a townhouse and a condo?
When buying a townhouse, you buy the interior structure but also the land. As a result, you, as the homeowner, are responsible for all the property upkeep, both inside and outside. When you buy a condo, you buy the interior of the condo. The exterior, as well as common areas such as a fitness center, pool, clubhouse, or parking garage, are managed and maintained by a homeowners association. Condo owners must pay HOA fees to cover the overall expenses of the building or complex.
Townhouse Florida Mortgage Options Include:
We provide a variety of specialty Alternative Florida mortgage programs including:
- No Income: No doc, stated Florida townhouse no Income verification Mortgage Lender
- NO tax return: Non-QM and private Florida townhouse lenders offer alternative documentation.
- 1099 Only: Use 1099 use Income Florida townhouse up to 100% deposits if you don’t have any business expenses.
- VOE: Allow your VOE to disregard your tax return write-offs.
- Bank Statement: Use 12 or 24 average bank deposits for mortgage income.
- Asset-Based: Assets in your account to qualify for a Florida townhouse.
- Self-Employed Mortgage: – If you write off too much of your income.
- P&L Only:: Use Your licensed Tax preparer Profit and Loss to qualify.
- NO Income:: Use the subject property’s income for your next investment.
- Foreign National: Nonresidents can invest purchase or cash out.
- Bad Credit: Bad Credit Florida townhouse mortgage approvals based on payment history.
- Cross Collateral – Qualify up to 90% financing when pledging more than one property for Florida townhouse collateral.
Traditional Mortgage Programs:
- FHA: loans have easier qualifications – Check FHA Florida townhouse Loan Limits
- VA: 100% financing for Qualified Veterans with No PMI -VA Loan Limits 806,500
- Conventional: Fannie Mae or Freddie Mac – Conforming Florida townhouse Loan Limit 806,500
- Jumbo: Mortgages Full and Alt doc loan options over 806,500 up to 50 Million
- USDA: Rural Florida 100% Mortgage options.
- Florida Condo Mortgage Lenders:: Non-Warrantable:
