Canadian Buying Homes In Florida

DDA Mortgage • December 13, 2021

Investment Properties & Financing



The easiest way to buy a home in Florida if you are Canadian is to purchase an investment property. If you rent the property for the year, the only financial verification is to verify the income from renting the property is higher than the mortgage, association fees, and taxes. The appraiser will determine a rent schedule and you can borrow against the future income from the property.


This is available to all foreign nationals. You do not have to be a citizen to qualify for this type of loan.



Purchasing A Home In Florida As A Second Home


If you don't plan on renting your new home, you will need to verify proof of funds. This means we are going to need to document 2-years of tax returns, paystubs, account statements for assets, liabilities, banks statements, and a variety of other financial documentation. As a foreign national, you will need more money down and your rates are going to be a little higher than the advertised rates for a US citizen.


Loan Options

Start Your Loan with DDA today
Your local Mortgage Broker

Mortgage Broker Largo
See our Reviews

Looking for more details? Listen to our extended podcast! 

Check out our other helpful videos to learn more about credit and residential mortgages.

By DDA Mortgage • September 28, 2026
Navigate today's mortgage rates and home selling challenges. Learn how gas prices impact rates and why listening to your realtor is key.
By DDA Mortgage • September 21, 2026
Rates high? Learn how existing homeowners can sell faster by paying buyer closing costs to buy down rates. Make your home affordable and stand out!
By DDA Mortgage • September 14, 2026
Discover why current home sales, with more sellers than buyers, present a unique chance to purchase your dream home. Learn about price trends and smart buying strategies.
Show More