We compare 20+ wholesale lenders to find competitive fha rates in Florida. No credit pull. Pre-approval in 24 hours.
A Florida-licensed loan officer will call you within 24 hours. If you'd rather we call sooner, dial (702) 420-0655.
Florida is the third-most-populous state and a magnet for both retiree migration and young-family relocation. Miami, Tampa, Orlando, and Jacksonville lead transaction volume, with strong second-home and investor demand on the coasts. No state income tax.
Florida FHA loans require lender review of HOA condominium project status — particularly post-Surfside, with stricter structural-reserve requirements. We have a current FHA-approved condo project list.
Florida coastal properties require windstorm/hurricane insurance and may require flood insurance based on FEMA flood zones. Insurance costs have risen significantly post-2022 — we underwrite using actual quoted insurance premiums, not estimates, so your DTI is realistic.
Check the key requirements to see if you qualify.
A credit score of 580 or higher qualifies you for the minimum 3.5% down payment. Scores between 500-579 may still qualify with a 10% down payment.
One of the lowest down payment options available. Your down payment can come from savings, gifts from family, or down payment assistance programs.
Your total monthly debt payments (including your new mortgage) should typically be 43% or less of your gross monthly income.
A steady employment history of at least 2 years is typically required. Self-employed borrowers may qualify with 2 years of tax returns.
Lending Arena, NMLS #1603937. Licensed by the Florida Office of Financial Regulation as a Mortgage Lender / Mortgage Broker. Equal Housing Lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. All loans are subject to credit and property approval.