First Time Home Buyer Key West Florida
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
- Low down payment with a minimum of 3% down payment
- Lower credit scores. Down to 580 to for 3.5% down payment
- VA Loan with No down payment required
- For First Time Home Buyer's, FHA provides a guarantee loans to the lender who is actually extending the loan on an FHA loan.
- To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.
- Simple Application and Approval Process
- To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.
FIRST TIME HOME BUYER
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)
VA HOME LOAN
NON QM HOME LOANS
ABOUT KEY WEST
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


Discuss Loan Options
I would like to discuss my loan options

Quick Apply
I would like to apply for my loan myself

Pre-Qualify
I am shopping for a home and would like to pre-qualify for my price range.
EXPERT HOME LOAN ADVICE

Flipping Houses in Tennessee: A Guide To Maximizing Profits
Home Tennessee’s real estate market has been experiencing significant growth in recent years, making it an attractive destination for house-flipping opportunities. With its diverse landscapes,

How Does An FHA Loan Maryland Work?
Are you a first-time home buyer Maryland looking for a mortgage option that offers low down payment options and more flexible credit and income requirements?

The No Money Down VA Loan: A Comprehensive Guide for Veterans
Home The No Money Down VA Loan: A Comprehensive Guide for Veterans Veterans and Servicemembers who dream of owning a home have a powerful tool

Multifamily Value Add Loans: Unlocking Potential in Real Estate Investment
Multifamily value-add loans have emerged as a powerful tool for real estate investors seeking to maximize their returns. These loans provide the necessary capital to

The Basics Of Hard Money Loans For Investment Real Estate
Home Investing in real estate can be a lucrative endeavor, but securing financing for your investment projects can be a challenge. Traditional loans often come

Best Places To Invest In Real Estate or Buy A Rental Property
Best Places To Invest In Real Estate or Buy a Rental Property In this article, we will discuss some of the best places to invest in real

The Ultimate Guide To Hard Money Loans
Home Real estate investing can be a lucrative venture, but securing financing for your projects can be a challenge. Traditional lenders often have strict criteria

Best Bridge Loan Florida
Home Bridge Loan Florida: The Ultimate Financing Solution for Real Estate Investors Are you a real estate investor in Florida looking for quick and flexible

Advantages Of A Hard Money Loan Texas
Home Advantages of Hard Money Loans for Real Estate Investors in Texas Advantages of a hard money loan Texas Real estate investment in Texas can