Exhibit 31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER OF IMH FINANCIAL CORPORATION

PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Samuel J. Montes, Chief Financial Officer of IMH Financial Corporation, certify that:

1. I have reviewed this Annual Report on Form 10-K for the year ended December 31, 2016 of IMH Financial Corporation; and

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.

Date:	May 3, 2017	/s/ Samuel J. Montes
		Samuel J. Montes
		Chief Financial Officer, IMH Financial Corporation