FHA Loans in Florida

Why buyers choose FHA

FHA loans are insured by the Federal Housing Administration. That insurance lets lenders offer more flexible guidelines than many conventional loans, which makes FHA a popular choice for first-time buyers and for anyone rebuilding credit.

Key features

• Low down payment options for qualified borrowers
• More flexible credit score and debt-to-income guidelines
• Gift funds from eligible sources may be used toward down payment and closing costs
• Can be paired with some down payment assistance programs
• Upfront and annual mortgage insurance premiums (MIP) apply
• Available for 1–4 unit owner-occupied homes and eligible condos

Florida condo note

Buying a condo with FHA usually requires the building to meet FHA approval or single-unit approval guidelines. Ask me early — see Condo Financing.

Related: FHA 203(k) renovation · First-time buyers · FHA streamline refinance

Program availability, guidelines, and eligibility are subject to lender guidelines and eligibility, credit approval, income or asset verification, and property eligibility. This is not a commitment to lend and does not guarantee loan approval. See Disclosures.