Some real estate investors are focused on farmland, which is currently valued at $4,100 per acre – a record high matching levels reached in 2019 and 2015. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing
Rates posted assumes 25% down payment, and an ARM and fixed rate first mortgage on a Florida condotel, secondary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions.