We proud on ourselves as Islamorada Florida’s #1 First Time Home Buyer loan lender. We are helping borrowers in Islamorada Florida to qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Islamorada 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 Islamorada 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 Islamorada Florida. Use this application to pre-qualify and start shopping for your new home in Islamorada 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 Islamorada Florida

Islamorada is a village encompassing 6 of the Florida Keys, known for their coral reefs. The Theater of the Sea features dolphin encounters. Exhibits at the History of Diving Museum include a 16th-century treasure chest. Windley Key Fossil Reef Geological State Park is a former quarry. Lignumvitae Key Botanical State Park has tropical forest. Indian Key Historic State Park is a tiny island with 1800s ruins.

Schools in Islamorada, FL

Island Christian School
83400 Overseas Hwy · +1 305-664-4933

Treasure Village Montessori Charter School
86731 Overseas Hwy · +1 305-852-3482

Coral Shores High School
Tavernier, FL, United States · +1 305-853-3222

first time home buyer islamorada
Is Islamorada Florida a good place to live? – Islamorada, Village of Islands is in Monroe County and is one of the best places to live in Florida. Living in Islamorada, Village of Islands offers residents a dense suburban feel and most residents own their homes. The public schools in Islamorada, Village of Islands are highly rated. Not just Islamorada, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Islamorada Florida

  • Robbie’s (Boat trips, kayak rentals & fish feeding)
  • Theater of the Sea (Dolphin &, sea lion shows at marine park)
  • Anne’s Beach (Scenic beach with a shallow swim area)
  • History of Diving Museum (Small spot with equipment & memorabilia)
  • Windley Key Fossil Reef Geological State Park (Historic quarry with fossilized coral)
  • Lorelei Restaurant & Cabana Bar (Chill go-to for seafood, music & sunsets)











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