American Mortgages for Property in Florida USA
The sunny Florida way of life is enchanting more and more people, and
enticing many people to purchase a holiday home or a second property with an
overseas mortgage.
Buying a property or second home in Florida is obviously a major decision,
not to mention an expensive one. Our aim is to make sure that it doesn’t become
a costly one as well by helping you through the process of obtaining finance for
your property in Florida.
We have excellent working relationships with a panel of lenders in Florida
who are willing to lend to foreign nationals. Our unique relationship with them
also ensures that we have access to the best Florida mortgage products on the
market.
This means that you are able to take advantage by choosing not only the
Florida mortgage product that is best for you, but getting it at the best rate.
We have access to many types of Florida mortgages through our panel of
lenders, including:
- Renovation mortgages,
- Interest only mortgages,
- Pick a payment mortgages,
- Build mortgages (including stage payment finance)
- Mortgages specifically designed for investors and many, many more.
Currently you can obtain the following for your Florida mortgage:
- Both Sterling and US Dollar mortgages are available for purchases in
Florida
- The maximum loan to value (LTV) you can obtain on your Florida mortgage
is 90% (US Dollars) and 80% (Sterling)
- The maximum loan to value (LTV) you can obtain on your Florida condo
mortgage is 85% (US Dollars)
- The maximum term for Florida mortgages is 30 years
- There is no maximum loan amount
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