VA Loan
0% downFor eligible veterans, active duty service members, and qualifying spouses. No down payment, and no monthly mortgage insurance.
Down Payment Help
Clearing the biggest hurdle to owning in Florida.
A down payment does not have to mean years of waiting. There are more ways to fund a purchase in Florida than most buyers know about. Here is an honest look at the options, and what each one asks of you.
Program checker
See the programs you may qualify for in under two minutes.
A short, confidential check across federal, state, county, and lender programs. It takes only a few details, and the answer is often better than buyers expect.
Check programs you qualify forA quick estimate
What does your target home ask for?
$
Down payment
- Estimated down payment
- $15,750
- Estimated closing costs
- $11,250
- Total cash to close
- $27,000
Estimates only. Real figures depend on your lender, your credit profile, and the property itself.
Programs
Six ways buyers fund a Florida purchase.
FHA Loan
3.5% downA widely used first step. A credit score of 580 or higher usually qualifies with a modest down payment.
USDA Loan
0% downAvailable in eligible rural and suburban pockets of Brevard and Indian River counties, with income limits more generous than most buyers expect.
Conventional 97
3% downA strong credit profile can buy with just 3% down. Mortgage insurance falls away once you reach 20% equity.
Florida HFA assistance
Grant or second loanState and county programs that can cover part of your down payment or closing costs, sometimes as a grant you never repay.
Gift funds
Family supportMoney from a parent or family member can usually fund your down payment with a simple gift letter and a clean paper trail.
Where buyers start
Six places the money usually comes from.
01
Savings held in one account for 60 days or more, which keeps your lender's paper trail clean.
02
A gift from a parent or family member, documented with a short gift letter.
03
Down payment assistance grants and second loans from state or county programs.
04
Proceeds from a home you are selling, timed so the funds arrive before closing.
05
A retirement withdrawal or loan, where first time buyer exceptions may apply.
06
An investment account sold shortly before closing, with statements kept for underwriting.
Next steps
A simple path from question to keys.
Step 01
Conversation
We look at your numbers, your timeline, and the kind of home you actually want.
Step 02
Pre-approval
A lender confirms what you can borrow, and sellers take your offer seriously.
Step 03
Program match
We compare VA, FHA, USDA, conventional, and assistance options against your situation.
Step 04
Tour and offer
You shop with a real budget in hand, and we negotiate the terms that protect you.