Guide for First Time Homebuyers in the Ocean Ridge- Call 800-826-5077

First Time Home Buyer Ocean Ridge Florida

The Best Home Loans For First Time Home Buyers! CLICK HERE!

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

Prequalify now to see how much of Loan you can qualify for.

Benefits of Being A First Time Home Buyer In Ocean Ridge 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.

Ocean Ridge is a town in Palm Beach County, Florida, United States. The population was 1,786 at the 2010 census. As of 2018, the population recorded by the U.S. Census Bureau is 1,956.

Schools in and around Ocean Ridge

St Joseph’s Episcopal School (2.6 miles) 3300b S Seacrest Blvd. Boynton Beach, FL 33435
Gulf Stream School (2.1 miles) 3600 Gulfstream Rd.
Unity School (3.4 miles) 101 Nw 22nd St.
Lake Worth Christian School (3.0 miles) 7592 High Ridge Rd.
St Mark Catholic School (0.6 miles) 730 Ne 6th Ave.

Living in Ocean Ridge offers residents an urban suburban mix feel and most residents own their homes. In Ocean Ridge there are a lot of parks. Many retirees live in Ocean Ridge and residents tend to lean conservative.Not just Ocean Ridge, we are serving all of First Time Home Buyer Florida market.