Mortgage Broker Miami Beach FL

Miami Beach is one of Florida’s most iconic luxury real estate markets — and financing here requires a mortgage broker who understands high-value condominiums, international buyers, and non-standard loan structures. Lena Polnet of Dynamic Funding Solutions is a Florida-licensed mortgage broker (NMLS #17225) with 28+ years of experience placing Jumbo, Foreign National, and Non-QM loans across Miami Beach and the surrounding barrier islands. Call (215) 364-7171 to discuss your financing options.

From South Beach condos and mid-Beach penthouse units to single-family homes on the Venetian Islands, Miami Beach properties routinely exceed conventional loan limits — and many buildings carry non-warrantable status that requires portfolio lending. Dynamic Funding Solutions works with lenders who specialize in exactly this market.

Home Loan Programs in Miami Beach FL

Miami Beach buyers require financing solutions designed for a luxury and international market. Lena structures loans for primary residences, second homes, and investment condos across Miami Beach’s distinctive property landscape.

• Jumbo Loans — Miami Beach property prices regularly exceed $1M–$5M+. Lena works with Jumbo lenders offering loan amounts from $766,551 through $10M+, with competitive rates for well-qualified borrowers.
• Foreign National Loans — A significant share of Miami Beach real estate is purchased by international buyers. Programs available with no U.S. credit history, no SSN, foreign income accepted, and as little as 25–30% down.
• Non-Warrantable Condo Financing — Many Miami Beach condo buildings do not meet Fannie Mae/Freddie Mac warrantability criteria due to investor concentration, pending litigation, hotel-condo structures, or commercial space ratios. Portfolio and non-warrantable condo programs available.
• Non-QM Loans — Asset-depletion, bank statement, and P&L-only qualification for high-net-worth buyers, business owners, and international buyers with complex income documentation.
• Second Home Financing — Miami Beach is a top second-home market. Conventional second home financing available with 10% down for eligible properties and borrowers.
• Conventional / Conforming Loans — Available for qualifying properties and buyers within Miami-Dade conforming limits.

Real Estate Investors in Miami Beach FL

Miami Beach’s short-term rental market — particularly South Beach, Mid-Beach, and North Beach — generates strong Airbnb and VRBO revenue. Dynamic Funding Solutions offers investor loan programs that leverage projected STR income for qualification.

• DSCR Loans — Qualify solely on the rental property’s projected or actual income. No personal income tax returns required. Ideal for investors acquiring condos or multi-unit properties in Miami Beach.
• STR / Airbnb Underwriting — We use AirDNA market data to project short-term rental income for Miami Beach ZIP codes, enabling DSCR qualification on STR revenue where permitted by building rules and local ordinance.
• LLC Vesting — Investment properties can close in an LLC or trust for estate planning and liability protection.
• Portfolio Lending for Condo Investors — For non-warrantable buildings with strong rental track records, portfolio lenders can finance condo investments that conventional programs decline.

Florida First-Time Homebuyer Programs

While Miami Beach is primarily a luxury and second-home market, first-time buyers purchasing within program income and price limits may qualify for Florida Housing Finance Corporation assistance:

• Florida Housing Finance Corporation — Below-market rate first mortgages through HFA Preferred and HFA Advantage programs for income-qualifying buyers.
• FL Assist Second Mortgage — Up to $10,000 in down payment/closing cost assistance as a 0% deferred second mortgage. No monthly payments until sale or refinance.
• HFA Preferred / HFA Advantage — Conventional loan programs with down payment assistance. Purchase price and income limits apply in Miami-Dade County.
• Mortgage Credit Certificate (MCC) — Annual federal tax credit on mortgage interest paid, reducing overall tax liability.

Note: Miami Beach purchase prices frequently exceed Florida Housing program purchase price limits. Call Lena at (215) 364-7171 to confirm eligibility.

FAQ — Mortgage Broker Miami Beach FL

Can I get a mortgage on a hotel-condo or condo-hotel in Miami Beach?

Yes, but standard Fannie Mae, Freddie Mac, and FHA financing is typically not available for hotel-condo or condo-hotel structures due to the shared rental pool arrangement. Portfolio lenders and Non-QM programs can finance these properties. Lena has experience with Miami Beach’s unique condo building types and can identify the right lending channel quickly.

What down payment do foreign nationals need to buy in Miami Beach?

Most Foreign National mortgage programs require 25–30% down payment for Miami Beach purchases. Some programs allow as little as 20% for well-qualified international buyers with strong financial documentation. Foreign income, foreign bank statements, and international credit references are accepted in lieu of U.S. documentation.

Are Miami Beach condos eligible for conventional financing?

It depends on the specific building. Some Miami Beach buildings are Fannie/Freddie approved; many are not due to high investor concentration, commercial usage ratios, or pending litigation. Lena conducts a building eligibility check before you proceed — saving time and avoiding financing complications after going under contract.