Florida Non-Warrantable Condo Loans

Florida Non-Warrantable Condo Loans

Financing Non-Warrantable Condos in Florida: What You Need to Know

 

 

Buying a condo in Florida — especially in cities like Miami, Tampa, Sarasota, Jacksonville, or along the Panhandle — can be a smart investment. But if you've come across the term non-warrantable condo, you may have run into financing challenges.

Traditional lenders often shy away from these properties, leaving buyers confused or stuck.

 

What Is a Non-Warrantable Condo?

A non-warrantable condo is one that doesn’t meet conventional guidelines from Fannie Mae or Freddie Mac. Common reasons include:

  • Short-term rentals (Airbnb allowed)

  • One investor owns multiple units

  • Pending litigation in the building
  • HOA finances are weak
  • Too many units are rentals

This makes lenders view them as high-risk — so most banks won’t finance them.

 

Why Florida Has So Many Non-Warrantable Condos

Florida is a top vacation destination. That means:

  • Condos often operate like hotels (condotels)
  • Short-term rentals are common
  • Investors own many units in one building

These make condos profitable, but also more likely to be deemed non-warrantable.

 

How to Finance a Non-Warrantable Condo in Florida

Even if traditional lenders say no, you still have options:

  • Portfolio Loans
    Offered by lenders who don’t sell to Fannie/Freddie—more flexible.
  • Bank Statement or Asset-Based Loans
    Great for self-employed buyers or investors.
  • Higher Down Payments
    Often 20–30%, but this increases your chance of approval.

 

What You’ll Need

To qualify, you typically need:

  • A credit score above 640
  • Income or bank statement documentation

 

Ideal Situations for These Loans

  • Buying a condotel
  • Financing an Airbnb unit
  • Purchasing in a building with legal issues
  • Investor-dominant buildings
  • Assesment Challenged Properties

 

Get Started Today

If you're shopping for a non-warrantable condo in Florida, you’re in the right place.

  • ✅ Use our loan calculator
  • ✅ Check if your property qualifies
  • ✅ Explore flexible financing solutions

 

Don’t let “non-warrantable” mean “unfinanced.”
Let’s get you into your Florida condo — on your terms.

Florida Non-Warrantable Condo Loan Solutions

Florida Non-Warrantable Condo Loans Experts

:With years of experience navigating Florida’s complex condo mortgage landscape, we specialize in helping homebuyers and investors secure financing for non-warrantable condos, condotels, and short-term rental units across Miami, Tampa, Sarasota, Jacksonville, and the Florida Panhandle. Whether you're buying a primary residence or an Airbnb investment property, we know how to get deals approved that traditional lenders won’t touch.

Loan Programs We Offer

We offer flexible mortgage options for:

  • Non-warrantable condos and condotels
  • Airbnb-eligible properties
  • Investor and DSCR loans
  • Low or no-income verification options
  • Florida condo purchases and refinances

 

Our loan programs are tailored to help buyers and investors get fast approvals in markets like Miami, Tampa, Orlando, and the Florida Panhandle.

Why Traditional Lenders Say No — and We Say Yes

Traditional banks often deny financing on non-warrantable condos due to low owner occupancy, litigation, short-term rentals, or association issues. We work with lenders that understand these properties and actively fund them. Whether it's a condotel in Miami Beach or a short-term rental in Sarasota, we know how to structure loans to get them approved.

Florida Condo Markets We Serve

We fund non-warrantable condo loans across Florida, including:

  • Miami & Miami Beach
  • Tampa & St. Petersburg
  • Jacksonville
  • Orlando
  • Sarasota & Fort Myer
  • Destin, Pensacola, and the Panhandle

 

Our deep knowledge of each market helps us move quickly, even on complex deals.