Complete Guide to Mortgage Loan Programs in Florida

Discover the perfect mortgage solution for your unique situation. From first-time homebuyers to experienced investors, we offer comprehensive FHA, VA, and Conventional loan options with personalized guidance to help you achieve your homeownership dreams.

Understanding Your Mortgage Options

Choosing the right mortgage program is one of the most important financial decisions you'll make. With over 23 years of experience in Florida's real estate market, I help borrowers navigate the complex world of mortgage options to find the perfect fit for their unique situation.

FHA Loans

Federal Housing Administration loans are government-backed mortgages designed to help first-time homebuyers and those with limited down payment funds achieve homeownership.

  • Down payment as low as 3.5%
  • Credit score requirements starting at 580
  • Competitive interest rates
  • Available for primary residences

Advantages

  • Low down payment requirement
  • Flexible credit requirements
  • Competitive rates
  • Available to first-time buyers

Considerations

  • Mortgage insurance required
  • Loan limits apply
  • Property must meet FHA standards
  • Higher overall costs

VA Loans

Veterans Affairs loans provide exclusive benefits for military service members, veterans, and eligible spouses, offering some of the most favorable terms available in the mortgage market.

  • No down payment required
  • No private mortgage insurance
  • Competitive interest rates
  • Limited closing costs

Advantages

  • Zero down payment
  • No PMI requirement
  • Competitive rates
  • Flexible credit requirements

Considerations

  • VA funding fee applies
  • Eligibility requirements
  • Property must meet VA standards
  • Limited to eligible borrowers

Conventional Loans

Traditional mortgage loans not backed by government agencies, offering flexibility and competitive terms for borrowers with good credit and down payment funds.

  • Down payment as low as 3%
  • No mortgage insurance with 20% down
  • Flexible property types
  • Competitive interest rates

Advantages

  • No PMI with 20% down
  • Flexible property requirements
  • Competitive rates
  • Available for all property types

Considerations

  • Higher credit requirements
  • Larger down payment needed
  • Stricter qualification standards
  • PMI required under 20% down

Additional Mortgage Solutions

Beyond traditional programs, we offer specialized financing solutions to meet unique borrower needs and property types.

Specialized Loan Programs

Jumbo Loans

Financing for luxury properties exceeding conventional loan limits, with competitive rates and flexible terms for high-value homes.

USDA Rural Loans

Zero down payment financing for eligible rural and suburban properties, perfect for buyers in designated areas.

Investment Property Loans

Specialized financing for rental properties, fix & flip projects, and real estate investment portfolios.

Self-Employed Loans

Flexible documentation options including bank statement loans and P&L only programs for entrepreneurs.

Adjustable Rate Mortgages

Initial lower rates with periodic adjustments, ideal for short-term ownership or when rates are expected to decline.

Fixed Rate Mortgages

Stable, predictable payments with rates that never change, providing long-term payment security.

Why Choose Edge Home Finance for Your Home Loan in Florida?

With over two decades of experience and access to 150+ lenders, we provide personalized mortgage solutions tailored to your unique financial situation and goals.

Personalized Service

One-on-one guidance throughout your entire mortgage journey, from pre-approval to closing.

Competitive Rates

Access to multiple lenders ensures you get the best possible rates and terms for your situation.

Local Expertise

Deep understanding of Florida's real estate market, property values, and local lending requirements.

Fast Processing

Streamlined application process with quick approvals and efficient closing procedures.

Ready to Explore Your Mortgage Options?

Let's find the perfect mortgage program for your unique situation. Contact me today for personalized guidance and competitive rates.