FHA loans
Explore a government-insured mortgage option with a lower down payment requirement for eligible buyers. Review credit requirements, mortgage insurance and total costs.
Explore my options
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First-time home buyer • Florida
Your first home.A plan that fits you.
You have a goal. We help you explore financing programs, understand your budget and take the next step toward your first home.
Personalized guidanceEnglish & SpanishSupport through closing
Buying a home in Florida
Start with your goals. Find your financing options.
Your savings, income and plans matter. Together, we review the mortgage options that may fit your situation.
Conventional financing
Compare a conventional home purchase loan with other options. Your credit, savings and financial profile help determine the terms available to you.
Explore my optionsDown payment & closing costs
Ask about assistance programs that may help with upfront costs. Eligibility, funding and repayment conditions vary by program.
Explore my options
Home affordability
How much home can I afford?
Start with a monthly payment that works for your life. Review income, existing debts, savings and the full cost of owning a home before setting your purchase budget.
- Mortgage payments: principal and interest
- Property taxes, insurance and applicable HOA fees
- Down payment, closing costs and a financial cushion
Mortgage qualification
From your first question to a clear next step.
Share your goal
Tell us where you want to buy, your timeline and what you feel comfortable spending.
Review your profile
A mortgage loan officer helps you review income, credit, debts and savings to understand possible options.
Compare and prepare
Discuss available programs, costs and documents. Then begin your application when you are ready.
Answers before you apply
How to purchase a home: your first questions.
Do I need a large down payment or perfect credit?
Not every loan requires a large down payment, and credit requirements vary. A review of your financial profile can help identify options. A smaller down payment can affect mortgage insurance and the overall cost of your loan.
What does mortgage qualification involve?
The lender reviews income, credit history, existing debts, available funds and the property. Prequalification is an initial step; final loan approval requires verification and underwriting.
Can assistance cover my down payment and closing costs?
Some programs may help eligible buyers with upfront costs. Ask which programs are currently available and review income, property, education and repayment requirements before making a decision.
How can I compare mortgage options?
Compare the interest rate, APR, monthly payment, mortgage insurance, closing costs and cash needed at closing. Consider how each option fits your budget and how long you plan to stay in the home.
VIP Home Loans
Make your first move toward home.
You do not need to have every answer. Start with a conversation about your possibilities.