Uncategorized May 24, 2025

Understanding First-Time Homebuyer Loans in Florida

Financing a home can be intimidating, but Florida offers several programs to help first-time buyers succeed. Here are the most common options:

1. FHA Loans Backed by the Federal Housing Administration, these loans require as little as 3.5% down and are ideal for buyers with moderate credit.

2. Florida Hometown Heroes This program offers down payment and closing cost assistance to frontline workers and community contributors.

3. USDA Loans Great for rural buyers, these loans offer 100% financing in qualifying areas of Palm Beach County.

4. VA Loans Available to veterans and active-duty military, VA loans offer zero down and competitive rates.

5. Conventional 3% Down Loans Some lenders offer low-down conventional loans to qualified first-time buyers.

Every buyer’s situation is unique. I can connect you with trusted lenders and walk you through your options. Ready to take the first step? Let’s talk!