Lakeland Leads Florida in Underwater Mortgages – LkldNow

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The report also shows that 6,063,326 U.S. homeowners were seriously underwater (LTV of 125 or higher) as of the end of Q3 2016, representing 10.8 percent of all U.S. homeowners with a mortgage..

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Lakeland Leads Florida in Underwater Mortgages Jun 28, 2018 at 1:16 pm Florida Business Daily Lakeland-Winter Haven is 31st in the nation and first in Florida among 98 large metro in the percentage of "seriously underwater" mortgages – those that owe at least 25 percent more than the property value, according to a recent analysis.