Keys financing — the real version.

Lenders price and underwrite each very differently. Second-home loans typically run 0.125–0.50% above primary; investor loans can run 0.50–1.50% above primary and often require 25%+ down.

Almost every Keys property sits in a FEMA-defined flood zone that triggers flood insurance if there's a mortgage. Recent elevation and NFIP Risk Rating 2.0 changes have reshaped premium math — use the Keys Ownership Cost tool to get a realistic picture.

Wind is often separately insured from homeowners. Newer, hurricane-hardened construction gets better rates. Hip roofs, impact-rated windows, and newer roofs all lower premiums.

Mainland lenders underprice Keys insurance on the Loan Estimate then surprise you with higher escrow at closing. Ask Gracie for lenders who consistently quote Monroe County correctly the first time.