Second-Home in the Florida Keys, Approved When Everyone Else Said No
January 26, 2026
| Client: Damien Ramirez | Broker: South Florida Lending Consultants | ||||
| 100%Second-home occupancy approved | 0Tax returns required | 2Follow-ups on loans submitted | |||
| Second-home occupancy approved | Tax returns required | Follow-ups on loans submitted | |||
The Challenge
The Right Home, the Wrong Label, and a Tight Window to Fix It
Damien was working with two borrowers who wanted a second home in the Florida Keys, complete with docking space so they could stop paying expensive monthly marina fees. They found the perfect place, but there was a catch. The home had been designed and previously used as an investment property.
That detail created an immediate roadblock. Damien kept running into the same problem: lenders wouldn’t qualify the property as a second home, even though that’s exactly how the borrowers intended to use it.
Damien needed support that could:
Get the Occupancy Right
Find a lender willing to qualify the home as a true second home based on the borrowers’ intent.
Secure Strong Terms Without Overcomplicating the File
Use an income option that fit the borrowers and avoided unnecessary documentation headaches.
Keep the Deal Moving with Reliable Support
Deliver clear communication and clean execution from start to finish.
The Solution
Second-Home Qualification Plus Bank Statement Pricing That Fit the Borrowers
Lendz stepped in and was able to qualify the property as a second home when others wouldn’t. From there, the team leaned on the bank statement program to structure the deal with strong terms and minimal down payment.
Instead of forcing the borrowers into a box that didn’t match the scenario, the approach aligned the occupancy, documentation, and down payment into one workable plan, without dragging out the timeline.
The Result
A Vacation Home Secured and a Broker Ready to Send More
The outcome checked every box:
A Second-Home Approval That Saved the Deal
Lendz was the only lender Damien found that would qualify the property as a second home.
Best-Fit Program and Minimal Down Payment
The bank statement program delivered the terms the borrowers needed without requiring a conventional documentation path.
Real Savings for the Borrowers
They secured their dream vacation home and saved thousands per month by avoiding ongoing docking fees.
A Strong First Close That Turned into More Business
This was Damien’s first closed loan with Lendz, and he already has two additional loans listed afterward.
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