Miami Beach Mortgage Loans
Specialized financing for oceanfront condos, luxury residences, and investment properties across South Beach, Mid-Beach, and North Beach
Financing Miami Beach Real Estate
Miami Beach's unique condo market requires specialized mortgage expertise — we know this market
Miami Beach Market Overview
Miami Beach is globally recognized as a top luxury real estate destination with unique financing considerations:
- Iconic Art Deco district and luxury high-rises
- Strong short-term and long-term rental demand
- International buyer-driven market
- Non-warrantable condo buildings requiring specialized financing
- Oceanfront and Intracoastal properties
- South Beach, Mid-Beach, North Beach micro-markets
Specialized Loan Programs
We offer financing solutions tailored for Miami Beach's complex real estate landscape:
- Foreign national loans for international buyers
- Jumbo loans for luxury properties $750K+
- Non-warrantable condo financing
- DSCR loans for short-term rental condos
- Bank statement loans for self-employed buyers
- Asset-based qualification for high-net-worth clients
Loan Programs for Miami Beach Buyers
Foreign National Loans
International buyers represent a significant portion of Miami Beach transactions. We offer foreign national programs with competitive terms, minimal US credit history requirements, and bilingual support.
Jumbo Loans
Luxury Miami Beach properties regularly exceed conforming loan limits. We offer competitive jumbo financing from $750K up to $5M+ for primary residences, second homes, and investment units.
Non-Warrantable Condo Financing
Many Miami Beach buildings don't meet Fannie/Freddie warrantability requirements. Our Non-QM programs provide financing solutions for buildings that conventional lenders won't touch.
DSCR Short-Term Rental Loans
Investors using platforms like Airbnb and VRBO can qualify using projected short-term rental income via DSCR analysis — without personal income verification.
Bank Statement Loans
Self-employed professionals and business owners can qualify using 12-24 months of bank statements rather than tax returns, which often understate actual cash flow.
Asset-Based Qualification
Wealthy buyers can use liquid assets — investment portfolios, retirement accounts, savings — to qualify for their Miami Beach property purchase without traditional income verification.
Miami Beach Mortgage FAQ
What mortgage options are available for Miami Beach condos?
Miami Beach condo buyers can access conventional loans for approved buildings, FHA loans, jumbo for luxury South Beach and Sunset Harbour units above $832,750, foreign national programs at 25-40% down, DSCR investment loans for short-term rentals, and non-warrantable portfolio financing for buildings that don't meet Fannie Mae standards. Building warrantability is the first thing we check, typically within 24 hours of you sending us the address.
Can a foreign national buy a condo in Miami Beach?
Yes. Miami Beach draws heavy international buyer interest from Brazil, Argentina, Venezuela, and Europe. Foreign national programs require 25-40% down, 12-24 months of bank statements, and a valid passport. No US credit history or Social Security number needed. DSCR rental income can support qualification for investment purchases, which many international buyers use to avoid providing US income documentation entirely.
Are Miami Beach condos eligible for conventional financing?
Many buildings qualify, but investor concentration and hotel-condo structures push a significant number into non-warrantable territory. The Setai, Continuum, Apogee, and other luxury buildings often require portfolio financing. We check warrantability within 24 hours and offer non-warrantable portfolio loan alternatives at slightly higher rates for buildings that don't meet Fannie Mae guidelines.
What down payment is needed for a Miami Beach condo?
Conventional loans for Miami Beach condos require at least 10% (Fannie Mae rules for condo purchases). FHA requires 3.5% for approved buildings. VA offers 0% for veterans. Foreign national programs need 25-40%. Jumbo loans for luxury towers along Collins or Ocean Drive typically require 10-20% depending on loan size and profile. DSCR investment loans require 20-25% down. Rates and requirements are subject to qualification and approval.
Other Areas We Serve
Ready to Finance Your Miami Beach Property?
Our team specializes in Miami Beach's complex condo market. Get Pre-Qualified Today and make your offer with confidence. NMLS #2583712.