Florida FHA Loans — 3.5% Down, All 67 Counties

Florida FHA limits range from $524,450 (standard counties like Tampa, Orlando, Jacksonville) to $730,525 in high-cost areas like Miami-Dade, Broward, Palm Beach, and Collier County. Sarasota and Manatee counties fall at $557,750. These limits are set annually by HUD and updated each January. Joe can confirm your specific county limit immediately.

Florida is one of the best states for FHA loans. High limits in most metro areas, no state income tax (increasing affordability), and strong appreciation make FHA an excellent vehicle for Florida homebuyers. The state also has multiple county-level down payment assistance programs that can be stacked with FHA loans to further reduce upfront costs.

Yes, but the condo community must be on HUD's approved condominium list. Many Florida condo developments are FHA-approved, but not all. Joe checks FHA condo approval status immediately and, if the development isn't currently approved, can often assist with the approval process or suggest alternative loan programs for non-approved condos.

Absolutely. Joe specializes in out-of-state relocations. He handles everything 100% remotely: application, document collection, appraisal coordination, title, and digital closing. You can get pre-approved before you ever visit Florida, make offers while house hunting, and receive your closing documents via e-sign. Florida is the #1 net-migration state in the US — Joe has helped buyers from every major state make the move.

FHA requires 3.5% down with a 580+ credit score and carries mortgage insurance for the life of the loan. Conventional requires 5–20% down, typically needs 620+ credit, but has better mortgage insurance options (can be removed at 20% equity). In Florida's competitive market, some sellers prefer conventional offers — but FHA offers are fully accepted and win regularly. Joe will advise which program gives you the best combination of qualification ease, rate, and monthly payment for your specific situation.

Yes — several. The Florida Hometown Heroes program provides up to 5% of the loan amount in down payment assistance for qualifying buyers. Additional county-level programs exist in Miami-Dade, Broward, Palm Beach, Hillsborough, and other counties. CrossCountry Mortgage also has proprietary programs. Joe identifies every program you may qualify for and stacks them for maximum benefit — some buyers purchase with virtually no out-of-pocket cash.