First Time Home Buyers in Florida
Florida First-Time Buyer Loans | Low Down Payment & Easy Approval
While FHA loans are a popular choice for first-time buyers, you don’t need to be a first-time homeowner to qualify. Key benefits include:
Maximum Loan Amounts: Up to $571,500 in 2025 (varies by county)
Low Down Payment: As little as 3.5%
Gift Funds Accepted: Down payment assistance can come from family or eligible sources
Seller Contributions: Closing costs paid by seller—up to 6% of purchase price
Flexible Underwriting: In-house review for faster, more personalized approvals
Higher DTI Ratios Accepted: More room for debt obligations
Credit-Friendly Options:
Minimum 620 credit score with 3.5% down
Gift funds can be used toward down payment
Unlock the door to your Florida dream home with an FHA loan. With low down payments and flexible credit requirements, you can move from dreaming to owning faster than you ever imagined. Plus, with programs designed to make financing simpler, becoming a homeowner has never been more within reach.
$571,500 MAX VALUE
Stable monthly payment with less money down
Minimum FICO Credit Score
620
Minimum Down Payment
3.5%
Maximum Loan To Value
96.5%*
Maximum Debt To Income
55%*
Mortgage Insurance
Yes
Years Since Bankcruptcy
2
Years Since Foreclosure
3
Years Since Short Sale
3
Special Qualification Requirements
NONE
2025 FHA loan limits: $571,500 for high-cost areas
2025 FHA loan limits: $498,257 for low-cost areas
Minimum down payment: 3.5%
First Time Home Buyers
Get a low rate on first-time buyer loans in Florida – lower credit scores and gift funds OK
Why First-Time Buyers Choose Us?
Close on Time
Our goal is to ensure a smooth and efficient lending process, and to close all loans in 21 days or less.
Low Rates
We offer ultra low rates and only 3.5% down for First Time Home Buyers in Florida
Service
We specialize in FHA loans in Florida and are dedicated to making the entire process smooth, efficient, and stress-free.
FHA Home Loans Experts in Florida
Florida First-Time Homebuyer Loan Requirements
If you’re ready to buy your first home in Florida, meeting a few key requirements can help you qualify for the right loan program. FHA loans and other first-time buyer programs offer flexible guidelines designed to make homeownership more achievable.
Typical requirements include:
- Minimum Credit Score: Often starting at 580 for FHA loans (other programs may require higher scores).
- Low Down Payment Options: As little as 3.5% down for FHA loans; program guidelines may vary.
- Debt-to-Income Ratio: Ideally under 43%, though some programs allow higher ratios for well-qualified buyers.
- Verified Income & Employment: Steady, reliable income over the past two years.
- Eligible Property Standards: The home must be your primary residence and meet FHA safety and livability guidelines.
With the right loan program for first time buyers, you could be closer to owning your dream home than you think.
In 2025, the FHA loan limit for a single-family home in Florida is set at $571,500, giving buyers more purchasing power than ever.
For those looking at multi-unit properties, the limits are even higher—making it possible to invest in a duplex, triplex, or fourplex while still enjoying the benefits of FHA’s low down payment and flexible credit requirements. This expanded borrowing capacity means you can explore more neighborhoods, more homes, and more opportunities to find the perfect fit for your needs. Learn more about FHA Guide for First Time Buyers.
