First Time Home Buyer Coral Gables Florida

Coral Gables Florida’s #1 First Time Home Buyer loan lender. Helping borrowers in Coral Gables Florida qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Coral Gables 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
Coral Gables 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 Coral Gables Florida. Use this application to pre-qualify and start shopping for your new home in Coral Gables 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 Coral Gables Florida

Coral Gables is a city near Miami, in Florida. It’s home to the 1920s Venetian Pool, carved from a rock quarry, with its grottoes, towers and bridge. Coral Gables Merrick House is the restored childhood home of city founder George Merrick. Fairchild Tropical Botanic Garden includes tree-lined lakes, a tropical rainforest and a butterfly display. The collections at Lowe Art Museum include Cuban and Caribbean works.

Schools in Coral Gables, FL

Somerset Academy Gables
624 Anastasia Ave · +1 305-442-8626

Coral Gables High School
450 Bird Rd · +1 305-443-4871

Coral Gables Preparatory Academy Upper Academy Campus
39 Zamora Ave

first time home buyer coral gables
Coral Gables was ranked second for its low crime rate, selection of great schools and outdoor activities. “If you want peace and quiet after a long day at work and school, Coral Gables is the best place for you. The city is a great place to raise a family. It has one of the lowest crime rates in the country. Not just Coral Gables, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Coral Gables Florida

  • Fairchild Tropical Botanic Garden (Expansive park with a tram & events)
  • Miami Seaquarium (Popular attraction for sealife & shows)
  • Venetian Pool (Historic swimming spot with waterfalls)
  • Bill Baggs Cape Florida State Park (Sun, surf, sand on the bay & ocean)
  • Crandon Park (Beaches, carousel & a nature preserve)
  • Matheson Hammock Park (Calm & breezy beach for family swimming)

 

 

 

 

 

 

 

 

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