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

Key Biscayne is a Florida town on a barrier island across the Rickenbacker Causeway from Miami. It lies between 2 large parks—Crandon Park and Bill Baggs Cape Florida State Park—each with long, sheltered beaches, mangroves and tropical forest inhabited by birdlife, butterflies and loggerhead turtles. The latter is home to the 19th-century Cape Florida Lighthouse. 

Schools in Key Biscayne, FL

Key Biscayne K-8 Center
601 Ridgewood Rd · +1 305-361-5418

St. Agnes Academy
122 Harbor Dr · In St Agnes Catholic Church · +1 305-361-3245

Key Biscayne Presbyterian School
160 Harbor Dr · +1 305-361-2058

first time home buyer st cloud
Key Biscayne is in Miami-Dade County and is one of the best places to live in Florida. Living in Key Biscayne offers residents an urban feel and most residents own their homes. In Key Biscayne there are a lot of restaurants, coffee shops, and parks. Many retirees live in Key Biscayne and residents tend to be liberal. Not just Key Biscayne, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Key Biscayne Florida

  • Bill Baggs Cape Florida State Park (Sun, surf, sand on the bay & ocean)
  • Crandon Park (Beaches, carousel & a nature preserve)
  • Miami Seaquarium (Popular attraction for sealife & shows)
  • Cape Florida Lighthouse (Historic lighthouse with guided tours)
  • Key Biscayne (Beaches & wildlife on a barrier island)
  • Key Biscayne Beach (Beach)











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