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Investors have taken a hard stance on Condo financing in Florida. Today certain Investor's such as Chase Mortgage have decided they will not offer the ability to purchase any loans were the the property is secured by a condo. Other Investors have place limits on the maximum Loan to Value at 75%. Borrowers who are looking to purchase a 2nd home Condo are like wise receiving the grim news of difficult financing terms. Most 2ND home Condos in Florida are limited to 70% LTV. 
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Find FL real estate agents and Fort Myers real estate on ActiveRain.
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