Second Chances · Miami & South Florida
EN ES ¿Prefiere español?If you have equity in your Florida home, financing may be one option — but it isn't always the right option. I'll help you understand the numbers, potential costs, and whether an equity-based bridge loan is worth exploring. Confidentially, without judgment, in English or Spanish.
Powered by Bold Mortgage (NMLS #386834). Equal Housing Lender. Not a commitment to lend. Checking your situation is free, involves no credit pull, and is not a loan application.
Every situation is different. No specific outcome can be promised — what I promise is straight answers about your real options.
Time-sensitive
Then timing is the single biggest factor in whether financing is even feasible. Underwriting, title work, and payoff figures all take time, and the closer a scheduled sale date is, the fewer financing structures can realistically be completed beforehand. Some situations still have room. Others don't — and you deserve to be told which one you're in rather than strung along.
Call or message me and I'll give you a straight read on the financing side today. If financing isn't realistic in your window, I'll say so.
Mortgage financing is not legal advice. If you are involved in an active foreclosure case or have a scheduled sale, consider speaking promptly with a qualified Florida foreclosure attorney about your legal rights and deadlines.
Plain English
A foreclosure bridge loan is a short-term mortgage secured by the equity in your home. It pays off your delinquent loan — including the missed payments, late fees, and legal costs that have piled up — and replaces it with a new loan while you work on getting back on your feet. Credit is not part of qualification for these equity-based programs. The lender qualifies the transaction on property equity and reviews the property, title, verified payoff, loan structure, and exit strategy. They cost meaningfully more than a conventional mortgage, which is why they're designed as a bridge with a planned exit. Terms run up to 36 months in most cases with no pre-payment penalty, so you can pay the bridge off early if you later qualify for a refinance or use another exit strategy.
A modification asks your current bank for new terms — you're negotiating with the same lender that filed on you, on their timeline, with no guaranteed result. A bridge loan replaces that lender entirely, at a higher cost. Some homeowners pursue both in parallel.
Selling ends the mortgage obligation but also ends your ownership — and in a rushed sale you rarely get full value. A bridge loan is for people who want to keep the home and have a realistic way to exit the bridge. If selling is genuinely the better outcome, I'll tell you that.
Florida is a judicial foreclosure state: lis pendens, judgment, then auction. Every stage that passes narrows the practical options and adds legal costs that come out of your equity. The earlier the call, the more of your equity tends to survive.
Before we talk
Start with what you know. You do not need a complete file to begin the conversation. Having the following information nearby helps us focus on the property, the debt, and whether financing is worth reviewing.
The starting point is property equity. An estimated value and mortgage balance help begin the discussion, but they are not an approval or a verified payoff.
The lender reviews the property, title, verified payoff, proposed loan structure, and exit strategy. For an inherited home, ownership and authority to act for the estate also need to be documented.
Credit is not part of qualification for these equity-based programs. A workable repayment and exit plan still matters: a future refinance depends on qualifying at that time, and a planned sale or another specific source of funds may be the proposed exit.
The next step is a conversation about your situation. If you are missing a statement or do not know an exact balance, say so when we talk. Approval and a closing before a scheduled sale are not guaranteed.
Call Reinier: (305) 492-2404Probate · Inherited mortgage · Heir buyout
An inherited house can have two problems at once: mortgage debt that needs attention and ownership paperwork that must be resolved. The financing review needs both. Mention any scheduled sale date at the start of your call.
Ask the servicer about successor-in-interest documentation, the current account status, and options for the existing loan. Inheriting the house does not automatically require replacing its mortgage. CFPB guidance on inherited mortgages.
Your probate attorney and title team review the deed, estate or trust documents, and any required approvals. Being an heir does not by itself establish authority to borrow against the home. Inherited-home call checklist →
If one heir wants to keep the home, review any agreed payment to co-heirs along with the mortgage and known liens. An equity-based loan may address those needs if approved, with a documented repayment plan. Read the sibling buyout guide →
Open probate and a pending foreclosure require individual legal and lender review. Have a qualified Florida attorney review notices and court deadlines. A financing application does not pause a foreclosure sale, and no approval or sale cancellation is guaranteed.
Clients Who Closed
Verified Google reviews from real clients.
5/5 Stars – Ray Saved My Home in a True Emergency. Ray is the real deal. I was facing a very time sensitive foreclosure auction with only days left, and the pressure was intense. Ray stepped in immediately, worked non stop, and was able to secure me a loan that stopped the sale just in time. He went far beyond what anyone else would do answering every single phone call (day or night), patiently explaining every detail, and responding to all my questions no matter how many times I asked. He's not just professional he's a genuinely great guy who truly cares. He treated my situation like it was his own family's home on the line. Thanks to Ray's dedication, hustle, and kindness, I kept my property and avoided disaster. If you're in a tough spot with foreclosure or need fast, reliable help, Ray is the one you want. 10/10 would recommend
He's a Saint! Dealing with me could be a nightmare when I'm under stress... he was unfortunately my closets target and got all my bullets... but... he made it happen and delivered an awesome deal and a very smooth closing! Please don't do as I did when you work with him... he didn't deserve to be my “boxing punching bag”...I really appreciate him, his proffesionalism, his calm, patience, manners and knowledge, but most of all, his humble attitude and the care he takes of his clients until he makes the dream happen!!! Love you Reiner ! You are awesome!
Individual results vary. These reviews describe individual clients' own experiences and are not typical, representative, or a prediction of any outcome. No result can be promised, and whether financing is available or can be completed before a scheduled sale depends entirely on the facts of each situation, lender guidelines, and timing.
★★★★★ Rated 5.0 on Google
Check My Situation
This is not a mortgage application and not a pre-qualification. It's six short steps describing your situation so I can review the financing side properly before we talk, instead of asking you to explain everything cold over the phone. No credit pull. Nothing is shared or sold.
Your information came straight to me. Here's what I'll actually look at before I call you back:
If financing isn't the right answer for you, I'll tell you that too, and point you toward the options that are. Nothing has been approved, and nothing is committed — this is a review, not a decision.
Mortgage financing is not legal advice. If you are involved in an active foreclosure case or have a scheduled sale, consider speaking promptly with a qualified Florida foreclosure attorney about your legal rights and deadlines.
Something went wrong on the way to my inbox — and I'd rather you reach me directly than retype all of that. Please call or WhatsApp Reinier and we'll pick it up from there.
You can also email rc@reinierloans.com.
No surprises
Bridge financing is substantially more expensive than a conventional mortgage. Higher rate, plus origination costs, on a loan that also absorbs your past-due balance. Anyone who glosses over that is selling you something. The honest question isn't "is this cheap" — it plainly isn't — it's whether the cost of the financing is smaller than what you stand to lose without it, and whether you have a realistic way back out.
I review the current payoff, arrears, liens, property value, lender costs, monthly payment, and exit strategy together. You receive the actual figures in writing before deciding whether the financing protects enough equity to make sense.
Here is the framework I use to decide whether the financing protects enough equity to make sense:
I don't publish rate or fee ranges, because every file prices differently by lender, equity, property, and structure — a published range would be a guess dressed up as a quote. You get real figures in writing from the lender before you commit to anything, and you're free to walk away at any point.
Straight assessment
I get paid when a loan closes, so treat the right-hand column as the one that matters. It's the list I actually use to talk people out of borrowing, and I'd rather lose the file than put someone into a loan that buys six months and costs them the house anyway.
Usually some combination of these is true:
These are the ones where I'd rather you keep your equity:
If a bridge loan isn't right for you, the honest options are laid out below, including the ones I don't earn anything from.
The part most lenders skip
Short-term money is only sensible if there's a defined way off it. Before I'd help anyone structure a bridge, I want to know how it ends — and if we can't answer that together, that itself is the answer.
A delinquent mortgage, mounting arrears, and a court process moving on its own schedule while the options narrow.
An equity-based loan pays off the delinquent mortgage and arrears. The cost is higher; the point is time and control, not savings.
A payment you can sustain, a realistic budget, and regular check-ins. This is where the work actually happens.
The bridge is repaid — by refinance if you qualify at that time, by sale, or by another source of funds identified up front.
No outcome here is promised. I can't guarantee that your credit will improve, that you will qualify for future financing, what rates will be available later, or what your property will be worth. Any exit depends on your circumstances and on lender guidelines in effect at that time. What I can do is make sure we've named the exit honestly before you sign anything.
The full picture
Here is the honest landscape. I only provide one of these — mortgage financing. The others are handled by your servicer, a real estate professional, or a licensed attorney, and I'll point you toward them without asking for anything in return.
To be explicit: I am a licensed mortgage loan originator. I do not provide legal advice, bankruptcy advice, foreclosure-rescue services, credit-repair services, or loan modification services, and I am not compensated for referrals. For legal advice on a pending foreclosure, consult a qualified Florida attorney.
Local Knowledge
Some lenders call this a foreclosure bailout loan; I structure it as a bridge with a planned exit. Either way, timing is everything, and the timeline here is specific: Miami-Dade foreclosures are judicial, filed with the Clerk of Courts, and end at an online auction on the county's foreclosure sale site. Between the first missed payment and that auction there are months of decision points — and at many of them, home equity can still change what's possible. For the full timeline and every option at each stage, read my guide: How to Stop a Foreclosure in Miami (en español). Weighing this against a modification, short sale, or bankruptcy? See the honest side-by-side comparison. In Broward County? Start here. I'm licensed throughout Florida — start at the statewide Florida guide for local help in Palm Beach, Tampa, Orlando, Jacksonville, Cape Coral, Lakeland, Kissimmee, and Daytona. Have an auction date already? Check how much time you have.
In Miami-Dade, a lis pendens is the start of the court case, not the end of your ownership. Cases routinely take months to reach judgment, which is often — though not always — enough runway for financing to be arranged. Your attorney is the right person to tell you what your specific case timeline looks like.
Once the Clerk schedules the online sale, the clock is real, and whether financing can be completed in that window depends on how much time is left, your equity, and title condition. Nobody can promise a sale will be stopped or postponed. What is certain is that waiting only removes options.
South Florida appreciation means many homeowners behind on payments are sitting on six figures of equity — in Little Havana, Westchester, Hialeah, Kendall, and across Miami-Dade. That equity is what gives you options when a conventional refinance has already been declined.
Who this helps
The most common case: months behind, bank not returning calls, but years of equity built up. That equity is the leverage — it may be able to clear the arrears and reset the board.
A lis pendens or auction date doesn't automatically end your options, but it shrinks the clock. The sooner we talk, the more tools are realistically on the table.
A layoff, a bad year, an illness — now behind you, but the missed payments aren't. You can pay going forward; you just can't catch up the past, and that's often solvable.
Why it isn't fixed yet — and what may still be possible →Tax certificates and HOA foreclosures move fast in Florida. Equity-based financing can sometimes clear them before they escalate. Case study: unpaid taxes and a sale a month away in Fort Lauderdale →
An inherited house with missed payments or siblings to buy out needs both a financing plan and a clear legal structure. An equity-based loan may address debt and an agreed buyout if approved. Ownership, authority to borrow, and repayment need review alongside your probate attorney and title team. Start with the inherited-home review →
Auction wins, REO purchases, and fix-and-flip projects that need to close in days, not months. Private money financing →
La consulta, los documentos, el plan y el cierre — todo puede hacerse completamente en español. Enfrentar una ejecución hipotecaria es difícil; entender tus opciones no debería serlo. Lea esta página en español →
Foreclosure defense, probate, family law, bankruptcy — if your client has equity and a deadline, send me the scenario for a same-day read. No referral fees, RESPA-compliant, counsel briefed at every milestone. How I work with attorneys →
Honest answers
Yes, if there is enough equity and the lender approves the loan. An equity-based foreclosure bridge loan can pay off your current mortgage using a verified payoff from your mortgage servicer. The lender reviews the property equity, title, total payoff, loan structure, and repayment and exit plan. Bring your latest mortgage statement and any payoff statement you already have so we can review your situation.
Yes, if there is enough equity after covering the existing mortgage payoff, other required payoffs, and loan costs. These programs can allow additional proceeds to pay credit cards, back property taxes, and IRS debt, subject to lender approval. The amount available depends on the property value, existing mortgage payoff, other liens, loan costs, and the approved loan amount. Having equity does not guarantee that enough proceeds will remain for every debt. Tell me which debts you want to pay and whether any tax liens are recorded against the property so the lender and title team can review the proposed payoffs. Credit is not part of qualification for these equity-based programs; the property, title, loan structure, and repayment and exit plan still need review.
Yes, if there is enough equity and the lender approves the loan. Additional cash-out proceeds may provide a financial cushion while you get back on your feet. The amount available, and how many months it can cover, depend on the equity remaining after the existing mortgage payoff, other required payoffs, and loan costs, as well as your needs and the approved loan structure. There is no guaranteed amount or number of months. We review that cushion alongside the loan payments and a realistic plan to repay the bridge.
In many cases, yes — especially if you have equity in your home. An equity-based bridge loan can pay off the delinquent mortgage and arrears, giving you room to stabilize. The earlier you call, the more options exist — waiting until the auction date removes most of them.
No. Credit is not part of qualification for these equity-based programs. The lender qualifies the transaction on the property's equity and reviews the property, title, verified payoff, loan structure, and exit strategy. Approval and a timely closing are not guaranteed.
No — and be skeptical of anyone who guarantees that. What I promise is an honest, confidential assessment of your real options, fast answers, and a genuine plan if a bridge loan fits. If it doesn't fit, I'll tell you straight and point you toward alternatives.
Substantially more than a conventional mortgage — higher rate, and origination costs on top. That's the honest headline, and it's exactly why a bridge is only worth doing when the equity it protects is worth more than the money it costs. I don't publish rates or fee ranges, because every file prices differently based on lender, equity, property, and structure. You get real figures in writing from the lender before you commit to anything.
Yes — I won't pretend otherwise, and the cost section above explains how I weigh it. The plan from day one includes a realistic exit. With terms up to 36 months in most cases and no pre-payment penalty, you can pay the bridge off early if you later qualify for a refinance or use another exit strategy. Future refinance eligibility and rates cannot be promised.
We work the rebuild plan: sustainable payments, credit milestones, regular check-ins. If and when your profile recovers and you qualify, we refinance into a conventional loan. Nobody can promise future eligibility or future rates — but the refinance back is the finish line we're aiming at, and I stay with you through the whole arc.
Yes — REO, auction, and distressed purchases across South Florida, including fast-close private money and renovation-friendly programs when conventional financing won't work on the property.
Possibly. An equity-based probate loan may address an inherited mortgage or an agreed heir buyout while probate is open. Before closing, the lender, attorney, and title team must confirm the property, available equity, ownership, authority to borrow, required approvals, and repayment plan. Ask the servicer about the existing loan and have your attorney review any foreclosure deadline. A financing application does not pause a sale or guarantee funding.
It varies by program and property, but as a rule of thumb the new loan — payoff, arrears, fees, and costs combined — generally needs to stay under roughly 65–70% of the home's value. The more equity, the more options and better terms. A quick, free assessment tells you where you stand.
Timing depends on lender review, title work, verified payoff figures and the court schedule. No closing date or sale cancellation can be promised. Call (305) 492-2404 to review financing and contact a qualified Florida foreclosure attorney about legal deadlines.
No. The initial conversation and options review involve no credit pull. If you later complete a loan application, documentation requirements depend on the lender, but credit is not used to qualify this equity-based program.
In most cases, these programs run up to 36 months and carry no pre-payment penalty. That lets you pay the bridge off early if you later qualify for a refinance or use another exit strategy. Confirm the exact terms in your own loan documents before signing.
Sometimes. The mechanism is simple: when a delinquent mortgage is paid in full before the sale is conducted, there is no longer a debt to foreclose on. That outcome belongs to the court and your lender's process, not to me, and nobody can promise a sale will be stopped or postponed. Whether financing can close in time depends on your equity, title condition, the payoff figure, and how much time is left. Miami-Dade foreclosure sales are held online through the Clerk of Courts, and the date on your notice is real — if you have a scheduled sale, speak promptly with a qualified Florida foreclosure attorney about your legal rights and deadlines, and call me the same day if you want the financing side reviewed.
It's the same core tool — an equity-based loan that pays off a delinquent mortgage — but I structure it as a bridge with a planned exit: clear the arrears, stabilize, work on credit, then refinance back into a conventional mortgage if you qualify. A bailout without a rebuild plan just delays the problem; the bridge-and-exit plan is what actually addresses it.
No. It's a short description of your situation so I can review the financing side of it before we talk. It is not a mortgage application, not a pre-qualification, and not an approval, and submitting it triggers no credit pull. If financing turns out to be worth pursuing, a real application comes later — separately, and only if you decide to.
Sí. Todo el proceso puede hacerse completamente en español — la consulta confidencial, los documentos y el cierre. No estás solo en esto.
Independent help
These are independent of me, and two of the three are free. I'd rather you use them than pay anyone — including me — for something you can get on your own.
The company you send your payment to is the only party that can quote your exact reinstatement figure or offer a workout, forbearance, or modification. Their number is on your monthly statement. This conversation costs nothing and it's usually the right first call — well before you talk to any lender, including me.
What to ask them →Anything involving your legal rights, court deadlines, defenses, or bankruptcy belongs with a licensed attorney. I am not one and I don't provide legal advice. The Florida Bar's referral service can connect you with a foreclosure attorney in your county, and I receive nothing if you use it.
Florida Bar referral service →Free, independent, non-profit counseling for homeowners facing foreclosure. They can review your budget, explain your options, and in many cases contact your servicer with you. There is never a fee for HUD-approved counseling — if anyone asks you to pay for it, that's your signal to walk away.
Find a HUD counselor →No affiliation. Reinier Cancio and Bold Mortgage are not affiliated with, endorsed by, or acting on behalf of HUD, the CFPB, the Florida Bar, the Miami-Dade Clerk of Courts, any court, or any other government agency. These links are provided as a convenience only, and no compensation is received for referring you to them.
Attorneys we work with. If you'd rather start with a Miami attorney who handles foreclosure defense, here are the attorneys Reinier refers clients to. No referral fees are paid or received either way, and you're free to choose any attorney.
Foreclosure Help Center
Free, no sign-up, nothing to fill out. Start wherever your situation is — and if you'd rather just talk it through, call (305) 492-2404.
Florida's judicial foreclosure timeline step by step, the five options honestly compared, and the local guide for every county I serve — all in one place.
Start here →Enter your Miami-Dade auction date and see how many days remain and which options are realistically still open at that stage. Runs in your browser — nothing is stored or sent.
Open the tool →The full Miami-Dade timeline — missed payments, lis pendens, judgment, online auction — and what can still be done at each stage. The guide to read first.
Read the guide →Bridge loan, loan modification, reinstatement, short sale, Chapter 13 — side by side, with the honest trade-offs of the four I don't get paid for.
See the comparison →Probate and estate bridge loans — clear a delinquent mortgage on an inherited property, buy out co-heirs, and keep the family home while the estate settles.
Probate loans →The term many homeowners search for, explained honestly — how an equity-based bailout works, statewide across Florida, and why mine always comes with an exit plan.
Bailout loans →Lis pendens, reinstatement, surplus funds, certificate of title — every term on your paperwork translated into plain English, plus the scams to watch for.
Look up a term →A free one-page explainer covering all five options, in English and Spanish. Built for attorneys, housing counselors, and realtors to print and hand to a client.
Print or share →El proceso de ejecución hipotecaria en Miami-Dade explicado paso a paso, y las cinco opciones que todavía pueden detener una subasta. Todo en español.
Leer la guía →Cómo funciona un préstamo puente basado en la plusvalía de su casa, quién califica, y qué esperar — explicado completamente en español.
Ver el programa →Fort Lauderdale, Hollywood, Pembroke Pines, Pompano — the Broward Clerk's process, older condo buildings, and what's different one county north.
Broward help →Décadas de plusvalía acumulada, dueños de negocio, y familias multigeneracionales — por qué Hialeah tiene más opciones de las que cree.
Ayuda en Hialeah →West Palm Beach, Boca Raton, Delray, Boynton — special assessments on fixed incomes, high-value auctions, and reverse-mortgage exits for owners 62+.
Palm Beach help →Tampa, Brandon, Riverview, Carrollwood — post-2020 equity, storm and insurance shocks, and the Hillsborough Clerk's online auction process.
Tampa help →Orange, Osceola, Seminole, Lake — seasonal hospitality income, fast-moving HOA liens, and vacation-rental mortgages behind on payments.
Orlando help →Duval, Clay, St. Johns, Nassau — decades of quiet equity in the urban core, military families, and heavy investor pressure on affordable neighborhoods.
Jacksonville help →Lee County — post-Ian insurance shocks, canal-front equity, Lehigh's investor pressure, and the Lee Clerk's online auction process.
Cape Coral help →America's most foreclosure-pressured metro — I-4 commuter budgets, new-construction HOA bills, and what Polk equity can still do.
Polk help →Vacation-rental defaults, seasonal hospitality income — y todo el proceso disponible completamente en español.
Osceola help →Volusia County — commuter budgets, beachside income, older coastal condos, and the Volusia Clerk's online auction.
Volusia help →Talk to me first
Nobody plans to fall behind. There's no lecture waiting for you here — just a straight, confidential conversation about your options, including the ones that don't involve borrowing from me. Call, text, or WhatsApp — whichever feels easiest.