Bay Hill Florida’s #1 First Time Home Buyer loan lender. Helping borrowers in Bay Hill Florida qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Bay Hill Florida are backed by the Federal Housing Administration (FHA). These popular first time homebuyer loans require lower minimum credit scores and down payments to make it easier to qualify.

First Time Home Buyer Programs
Bay Hill Florida

CambridgeHomeLoan.com has a number of First time home buyer loan programs from simple W2 employees to full 2 year tax returns, self employed loans, Non QM loans and more with low down payments and fees. Contact us today to craft the loan that best fits your needs. Some qualifications below.

FHA First Time Home Buyer and HomeReady Program Terms

  • A credit score of at least 580 for a 3% down home loan
  • A credit score of 500 to 579 for a 10% down payment
  • FHA loan with 3.5% down payment requirement
  • Mortgage insurance that is offset due to lower FHA interest rates than a conventional loan.
  • FHA Debt to income ratio of 50% or less

Qualify for a 3% down Home Loan in Bay Hill Florida. Use this application to pre-qualify and start shopping for your new home in Bay Hill Florida today! Purchase, Refinance, Cash Out Refinance.

According to an announcement by the FHA the loan limit for 2022 will be $420,680 for most of the country. The 2022 FHA loan limit for the high cost areas will be $970,800.

Contact us to find out what the loan limits in the county you would like to purchase in. Call now 800-826-5077. 

Prequalify now to see how much of Loan you can qualify for. 

Benefits of Being A First Time Home Buyer In Bay Hill Florida

Bay Hill is a census-designated place in Orange County, Florida, United States. The population was 4,884 at the 2010 census. It is part of the Orlando–Kissimmee Metropolitan Statistical Area.

Schools in Bay Hill, FL

Bay Meadows Elementary School
Orlando, FL, United States · +1 407-876-7500

Growing Minds Montessori School
Orlando, FL, United States · In Salem Lutheran Church · +1 407-217-2955

Palm Lake Elementary School
Orlando, FL, United States · +1 407-354-2610

first time home buyer bay hill
Bay Hill is in Orange County and is one of the best places to live in Florida. Living in Bay Hill offers residents a rural feel and most residents own their homes. Residents of Bay Hill tend to have moderate political views. The public schools in Bay Hill are above average. Not just Bay Hill, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Bay Hill Florida

  • Arnold Palmer’s Bay Hill Club & Lodge (Stylish lodging with golf course access)
  • The Wheel at ICON Park™ (Observation wheel for sweeping views)
  • SeaWorld Orlando (Aquatic theme park with shows & rides)
  • SEA LIFE Orlando Aquarium (Oceanic exhibits for all ages)
  • Madame Tussauds Orlando (Wax museum featuring notable Americans)
  • ICON Park (Entertainment area & observation wheel)

 

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