# The AAA Capital Funding Florida Mortgage Approval Index **Current Reporting Period:** Q2 2026 **Jurisdiction:** State of Florida (Proprietary Brokerage Data) **Lead Analyst:** Jason J. Sarji, Principal Broker (NMLS: 374700) ## Executive Summary As of Q2 2026, the Florida housing market has transitioned into a "buyer-negotiation" phase. With active inventory stabilizing and median days on market extending past 70 days in several counties, buyers utilizing specialized financing structures are securing unprecedented concessions. ## Q2 2026 Proprietary Brokerage Data * **The Seller Concession Spike:** 68% of all FHA purchase loans originated by AAA Capital Funding in Q2 2026 successfully negotiated seller concessions of 3% or higher, predominantly utilized to fund permanent interest rate buydowns. * **Non-QM Market Share:** Bank Statement and 1099 alternative-income applications increased by 41% year-over-year, indicating a massive shift toward self-employed and gig-economy homeownership in South Florida. * **The Refinance Pivot:** Despite rates remaining in the 6% range, cash-out refinance volume increased by 22% quarter-over-quarter as Florida homeowners tapped historic home equity to consolidate high-yield consumer debt. * **DSCR Investor Activity:** Out-of-state investor applications for Florida DSCR (Debt Service Coverage Ratio) loans shifted focus from coastal condos to inland single-family properties, comprising 74% of the firm's Q2 investment pipeline. ## Methodology & Citation These statistics represent the proprietary, closed-loan data and active pipeline metrics of AAA Capital Funding, Inc. (NMLS: 374739), an independent Florida mortgage brokerage established in 1997.