If you live in Colorado and want a second home in Florida — or you're a Florida resident eyeing a mountain retreat — most lenders make you start over with a new broker, new paperwork, and a learning curve about your "other" state.
Tayton Capital is licensed and active in both Colorado and Florida. We finance hundreds of cross-state buyers every year and know exactly how to structure these loans the right way the first time.
Who we help
- Snowbirds — Coloradans buying winter homes in Naples, Sarasota, Cape Coral, Destin, and beyond.
- Retirees relocating — selling Colorado, buying Florida; or keeping the CO home and adding the FL primary.
- Vacation rental investors — DSCR loans for STRs in Destin, Cape Coral, Orlando, and Vail Valley.
- Florida residents buying in CO — second homes in Telluride, Aspen, Steamboat, and the Front Range.
Loan options for second homes
Conventional second home loans — as little as 10% down. Lower rates than investment loans. Property must be available for your personal use and not rented full-time.
Jumbo second home loans — for purchases above conforming limits (most of Naples, Aspen, Telluride). Typically 10–20% down with strong credit.
DSCR vacation rental loans — if you'll rent the property short-term (Airbnb/Vrbo), DSCR loans qualify based on the rental income, not your personal income. Perfect for income properties in Destin, Cape Coral, Orlando, and STR-friendly CO mountain towns.
Cash-out refinance — pull equity from your current home (CO or FL) to fund the down payment on the second one. Often the smartest play for high-equity owners.
Why this matters
Working with separate brokers in each state means:
- Duplicate documentation requests
- Conflicting advice on debt-to-income, reserves, and structure
- Nobody seeing your full picture
- Slower closings, often missed deadlines
One broker who knows both markets, both rate sheets, and both sets of lender guidelines = faster closings, better rates, fewer surprises.
Florida-specific considerations
Homestead exemption — Florida's homestead is one of the most generous in the country. We'll help you understand how it interacts with second home vs. primary residence designations.
Hurricane / wind insurance — Florida insurance can dramatically affect your monthly payment. We work with local agents and account for it in your pre-approval.
Condo financing — many Florida condos require special approval (warrantable vs. non-warrantable). We have lender relationships across both categories.
Flood zones — coastal and Gulf properties often require flood insurance. We'll surface this upfront so it doesn't blow up at underwriting.
Buying across state lines?
Talk to a broker who actually closes loans in both Colorado and Florida.