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

Longboat Key is a town in Manatee and Sarasota counties along the central west coast of the U.S. state of Florida, located on and coterminous with the barrier island of the same name. Longboat Key is south of Anna Maria Island, between Sarasota Bay and the Gulf of Mexico.

Schools in and around Longboat Key

Emerson Education & Wellness
4134 Gulf of Mexico Dr · In Harbour Square · +1 941-312-5656

Sara Bay Sailing School
4134 Gulf of Mexico Dr · In Harbour Square · +1 941-914-5132

Bay Haven School of Basics Plus
Sarasota, FL, United States · +1 941-359-5800

first time home buyer st cloud
Longboat Key is in Sarasota County and is one of the best places to live in Florida. Living in Longboat Key offers residents an urban feel and most residents own their homes. Many retirees live in Longboat Key and residents tend to be conservative. The public schools in Longboat Key are highly rated. Not just Longboat Key, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Longboat Key Florida

  • Beer Can Island (Laid-back, boat-in beach & picnic spot)
  • Coquina Beach (Locale for swimming & scenic picnics)
  • Joan M Durante Community Park (Protected island featuring wetlands)
  • Cannons Marina (Marina and fishing)
  • Jewfish Key
  • Quick Point Nature Preserve (Nature)



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