top of page

        Bennett Capital Partners has over 21 years of experience in the Florida Condo Market and has a full range of programs to handle nearly any condo scenario for all borrower types. Some of our niches include; Foreign Nationals, First Time Homebuyers, RELOs's (Relocations), Professional Investors (Residential & Commercial), High Net Worth individuals, Self Employed Borrowers, and New Construction Projects 

        The condo purchase requirements changed on January 1, 2022 as a result of the tragic collapse of the Champlain Tower South in Surfside. Fannie Mae and Freddie Mac, the two companies that back a majority of residential mortgages in the U.S., are scrutinizing deferred condo maintenance issues before approving loans generated by banks and other lenders. The organization will not purchase mortgages on condos with "significant deferred maintenance or in projects that have received a directive from a regulatory authority or inspection agency to make repairs due to unsafe conditions". As a result of the new requirements, Fannie Mae and Freddie Mac no longer allow condo questionnaire waivers on Limited Reviews. Also, a new Condo Project Questionnaire Addendum is required to disclose any deferred maintenance.  


        To combat the new condo requirements we have compiled a 2022 approved condo database that allows 3-5% down payments on conventional loans with no condo questionnaire or review required. If you have a condo that you need financing on please reach out to us. We are available 7 days a week and offer same-day pre-approvals.



     If you are interested in the free Florida Approved Warrantable Condo Database please email us here




Conventional Loans (Fannie Mae & Freddie Mac)

  • 3-5% Down On Approved Warrantable Condos ($647,200 Max Loan Amount)

  • 10% Down Combo Program ($1,147,200 Max Loan Amounts)

  • Combo Program only requires limited review no Budget Required

  • Proprietary Approved Warrantable Condo Database  

  • Approved Warrantable Condos do not require a Condo Questionnaire

  • We will pre-review any project requested. 

  • Close Fast! Average close time 2-3 Weeks (Based on Appraisal Turn Time)

Prime Jumbo Loans   

  • Warrantable Condos Only

  • Loan Amounts up to $5M

  • 2 Year Tax Returns Required

  • 720+FICO Required

  • Bank Rates + Broker Speed

  • Projects are Pre-Reviewed before Submission


  • No Condo Questionnaire Options

  • Rates start in the 6's

  • Loan Amounts up to $10M

  • Alternate Income Verification Allowed

    • 1 Year Tax Return Options   

    • Bank Statement Programs (3, 12 & 24 Months)

    • SE Borrowers Only

    • No Income Verification - No Income/No Employment Required

    • 1099 Only (1 & 2 Years)

    • P&L Only - Borrower & CPA Prepared

    • K1 Only (1 & 2 Years)

    • VOE Only - W2 employees only

    • Asset Depletion (Assets for Income)

    • ITIN "Dreamers" Allowed

Private Lending 

  • No Condo Questionnaire Required

  • Rates start in the low 6's

  • No Tax Returns or Personal Income Verification Investment Properties Only

  • Vesting in LLCs only

  • Does not report on personal credit

  • Foreign Nationals Allowed - 20% down Purchases

  • Condo-Tels Allowed30 Year Fixed Rates available 

Hard Money/Bridge Loans 

  • No Condo Questionnaire Required

  • Rates start in the low 8's

  • No Income Verified

  • Investment & Primary residences allowed

  • Close In LLC or Personal Name

  • No Pre-Payment Penalties

  • 12-36 Month Terms - Interest Only

  • Foreign Nationals allowed - 20% down

  • Fundings 1-2 days after return of appraisal



All loans are subject to credit approval. Interest rates are subject to change daily and without notice. Actual terms and conditions will depend on the details of each application and will vary upon the loan type, purpose, lock-in period, credit score and loan to value. This advertisement shall not be deemed to be an offer to extend credit and subject to final credit approval. Call or email us today with the details of your real estate needs for a customized quote.

* Terms may vary based on your particular situation, purchase, cash-out or rate/term transaction. Rate adjustments and prepayment penalties may apply.

Copyright ©2022 Bennett Capital Partners, LLC. All rights reserved.

bottom of page