Florida Mortgage Loans 2025 — Conventional, FHA, VA & Jumbo

• Competitive options for Conventional, FHA, VA, and Jumbo 

• Fast pre-approvals and proactive updates from start to close

• Guidance on appraisals, condo approvals, and insurance (wind/hurricane/flood where applicable)

• Clear estimates for closing costs and county-specific items
   

• Conventional Loans — strong pricing; as low as 3–5% down for qualified buyers
   
• FHA Loans — 3.5% down, flexible credit; great for first-time buyers
   
• VA Loans — 0% down for eligible veterans/servicemembers; no monthly PMI
   
• Jumbo Loans — high-balance financing above conforming limits; fixed or ARM
   
• Refinance — lower your rate, change your term, or tap equity for renovations

How do mortgage rates work in Florida?
Rates change daily and depend on credit, down payment, loan type (Conventional, FHA, VA, Jumbo), occupancy, and lock term. We’ll quote today’s options and buydown scenarios.

What down payment do I need in Florida?
Conventional may allow 3–5% down for qualified buyers; FHA is 3.5% down; VA may allow 0% down for eligible borrowers; Jumbo typically requires larger down payments.

Are there Florida-specific considerations?
Florida buyers should plan for homeowners insurance (wind, hurricane, flood where applicable), condo approvals, and documentary taxes at closing. We’ll outline expected costs by county.

How fast can I close in Florida?
With complete documentation, many loans close in about 21–30 days depending on appraisal timing and title conditions.

Do you finance second homes and investment properties?
Yes—financing is available for primary residences, second homes, and investment properties subject to program guidelines.

• Homestead protection (primary residence): Florida’s Constitution shields your homestead from most judgment creditors. Exceptions include mortgages, property taxes/IRS liens, HOA/special assessments, and mechanics’ liens tied to work on the home.
   
• Judicial foreclosure state: Florida foreclosures go through the courts (“judicial” process), which can affect timelines and steps compared with non-judicial states.
   
• Tenancy by the Entirety (married couples): Property titled to both spouses as TBE is generally protected from a creditor of only one spouse. This does not stop foreclosure on a joint mortgage (or taxes/other exempt liens) when both spouses are on the debt.
   
• Deficiency judgments: Florida does allow deficiency judgments after foreclosure (court decides amount, typically limited by fair-market value). For most 1–4 unit residential properties, lenders generally have one year to pursue a deficiency after the sale.
   
• Insurance & closing cost nuances: Expect Florida-specific items like wind/hurricane coverage, possible flood insurance, condo approvals, and documentary stamp taxes at closing; these can impact total monthly payment and cash-to-close. (Program and county rules vary.)

1. Miami – Luxury condos & coastal single-family homes. Frequent use of Jumbo and condo-approved Conventional loans; factor in wind/flood insurance and HOA budgets.

2. Tampa / St. Pete – Fast-growing job market and new builds. Mix of Conventional (3–5% down), FHA for first-timers, and VA for military/veterans.

3. Orlando – Primary homes + second-home/STR demand. Common use of FHA (3.5% down) and Conventional; check condo and short-term rental rules.

4. Jacksonville – Broad price bands and suburban growth. Good fits for Conventional, VA, and FHA; watch wind/flood zones in coastal/riverside areas.

5. Sarasota / Bradenton – Upscale coastal neighborhoods. Jumbo and second-home financing are common; confirm flood, HOA reserves, and condo approvals.

Markets evolve quickly. We’ll pull current comps, estimate insurance, and structure rate-buydown or seller-credit strategies for your target area.