How to Get a Mortgage in Miami from France

Investing in Miami is attracting more and more French investors. A favorable economic climate, market stability, and strong return prospects make Florida one of the most dynamic destinations for international real estate buyers. However, one key question often arises: how can you finance a property purchase in Miami while living in France?

Between American bank lending criteria, interest rates, required documentation, and tax considerations, obtaining a mortgage in Miami requires careful preparation. In this article, Capitalink Miami guides you step-by-step through the specificities of U.S. financing and how to secure your investment in Miami or Florida.

1. Can French residents get a mortgage in Miami?

Yes — French residents can absolutely obtain real estate financing in Miami. However, the rules differ significantly from those in France.

U.S. banks do lend to non-residents, provided the application is solid and well-prepared. On average, they finance between 60% and 70% of the property value, compared to 80–90% in France.

This means a higher down payment is required, but the process remains accessible to investors with stable assets and regular income. Loan terms generally range from 15 to 30 years, with either fixed or variable rates, often indexed to the Prime Rate or SOFR (Secured Overnight Financing Rate).

2. Conditions for obtaining a mortgage in Miami

a) The profiles U.S. banks prefer

Lenders tend to favor borrowers who:

• Have a high and stable annual income

• Can demonstrate financial clarity (assets, income, debt)

• Have experience in property investment or a proven track record of responsible financial management

Banks assess repayment capacity using the Debt-to-Income Ratio (DTI) — typically this must remain below 43%.

b) The importance of a down payment

For non-resident investors, expect to provide a 30–40% down payment of the property’s value. This contribution must come from your own funds and be transferred to a U.S. account before closing.

c) Credit verification

Since non-residents don’t have a U.S. credit history, this can be a challenge. However, you can provide an “international credit file” — based on your French bank statements, tax records, and active loans — to help assess your creditworthiness.

3. Documents required for financing

American banks require a consistent and detailed file, typically including:

• Passport and proof of residence in France

• Income tax returns from the past two years

• Recent bank statements (3–6 months)

• Proof of assets (life insurance, investments, real estate)

• Purchase agreement or sales contract for the Miami property

• Proof of funds’ origin (anti–money laundering compliance)

Some institutions may also request certified translations or tax compliance certificates.

4. Steps to obtain a mortgage in Miami

1. Project analysis Define your project type — secondary residence, rental investment, or company purchase (LLC, Corporation). This step determines both the bank choice and the most suitable tax structure.

2. Bank pre-approval (“Pre-Approval”) U.S. banks can issue a pre-approval letter, which strengthens your buying position. It specifies the maximum loan amount and projected interest conditions.

3. Submission of the complete file Once you’ve found a property, submit your full application to the lender, along with the Purchase Agreement.

4. Property appraisal The bank appoints an independent appraiser to assess the property’s true market value. This report will directly influence the loan amount.

5. Closing and fund transfer Once approved, the Closing takes place with a Title Company or attorney. Funds are then transferred, and you officially become the property owner.

5. Rates, terms, and taxes: what to know before investing

a) Interest rates

Rates for non-residents typically range between 6% and 8%, depending on loan duration and risk profile. Fixed-rate loans provide long-term stability, while variable rates can be more attractive at the outset.

b) Additional costs

Application, appraisal, notary, and insurance fees usually represent 2–5% of the loan amount. Borrower insurance is not mandatory but strongly recommended.

c) Tax considerations

Mortgage interest can often be deducted from rental income, reducing taxable income in the U.S. However, it’s crucial to choose an appropriate investment structure (LLC, holding company, etc.) to optimize cross-border taxation.

This is precisely one of Capitalink Miami’s areas of expertise — helping clients set up compliant and efficient structures for their U.S. investments.

6. Why work with Capitalink Miami?

Obtaining a mortgage in Miami from France requires deep knowledge of U.S. banking practices, legal constraints, and international taxation. Capitalink Miami acts as a trusted intermediary by:

• Connecting you with partner banks open to international profiles

• Optimizing your financial file to increase approval chances

• Advising on the most advantageous legal and tax structure

• Coordinating the entire closing process (bank, attorney, title company)

With local expertise and in-depth understanding of U.S. banking procedures, Capitalink Miami simplifies every step of your investment journey — from France to Florida.

7. Summary

Step	Key takeaway
Preparation	Define your project and prepare a 30–40% down payment
Pre-Approval	Obtain a bank prequalification letter
Documentation	Provide complete and translated documents
Appraisal	Property value determines the final loan amount
Closing	Final signature and transfer of funds

Conclusion

Securing a mortgage in Miami from France is not as complex as it may seem — provided you have the right guidance. French investors today can access competitive financing solutions, attractive rates, and a thriving Florida real estate market.

With Capitalink Miami, you benefit from end-to-end support — legal, fiscal, and financial — to ensure every step of your investment in Florida is secure and successful.