$575,000
Median Home Price
$450,000
Avg. Loan Amount
442K
Population
78+
Licensed Lenders
Key Miami Neighborhoods
Explore popular neighborhoods and their median home prices. Click on map markers for details.
Map Legend
Miami Beach
$650KLuxury condos, international buyers
Coral Gables
$1.2MHistoric elegance, families
Brickell
$550KFinancial district, professionals
Coconut Grove
$1.1MBohemian charm, creatives
Wynwood
$450KArts district, young professionals
Key Biscayne
$1.8MIsland living, affluent families
Miami Real Estate Market
Why Non-QM loans are popular in Miami
International gateway attracts foreign national buyers from Latin America and Europe
Strong short-term rental market supports DSCR investments
No state income tax attracts high-net-worth individuals
Condo market requires specialized Non-QM solutions
Frequently Asked Questions
Common questions about Non-QM loans in Miami
Can foreign nationals buy property in Miami?
Yes, foreign national loans are very common in Miami. You can purchase property with as little as 25-30% down payment without a US credit history or Social Security number.
Are DSCR loans available for Miami vacation rentals?
Absolutely. DSCR loans are perfect for Miami vacation rentals. You can qualify based on the property's projected rental income from platforms like Airbnb.
What Non-QM options exist for Miami condo purchases?
Non-warrantable condo loans are available for buildings that don't meet conventional guidelines. These are common in Miami's condo market.