We proud on ourselves as Key West Florida’s #1 First Time Home Buyer loan lender. We are helping borrowers in Key West 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 West 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 West 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 West Florida. Use this application to pre-qualify and start shopping for your new home in Key West 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 West Florida


Things To Do In and Around Key West Florida

  • The Hemingway Home and Museum (Former residence of famous author)
  • Southernmost Point of the Continental U.S.A. (Southernmost spot in continental U.S.)
  • Fort Zachary Taylor Historic State Park (Beach recreation area with historic fort)
  • Mallory Square (Bustling plaza with famous sunsets)
  • The Key West Butterfly and Nature Conservatory (Tropical habitat for butterflies & birds)
  • Truman Little White House (Former winter White House with tours)












Key West, a U.S. island city, is part of the Florida Keys archipelago. It’s also Florida’s southernmost point, lying roughly 90 miles north of Cuba. Famed for its pastel-hued, conch-style houses, it’s a cruise-ship stop also accessible from the mainland via the Overseas Highway. It’s known more for its coral reefs – destinations for diving and snorkeling – than for its beaches.

Schools in Key West, FL

  • Big Pine Academy. Monroe County School District, FL
  • Coral Shores High School. Monroe County School District, FL
  • Treasure Village Montessori Charter School
  • Key West High School
  • Plantation Key School
  • Stanley Switlik Elementary School
  • Sigsbee Charter School
  • Ocean Studies Charter School
first time home buyer key west
Key West is a beautiful place to live, with amazing weather year-round. The community is tightly knit, and yet very culturally diverse. Living expenses are a bit high, and roads are often busy, but overall, life here in the Keys is a blast! Key west is definitely not family friendly and more for partying. Not just Key West, we are serving all of First Time Home Buyer Florida market.
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