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

Palatka is a city in Putnam County, Florida, United States. The population was 10,558 at the 2010 census. It is the county seat of Putnam County. Palatka is the principal city of the Palatka Micropolitan Statistical Area, which is home to 72,893 residents.

Schools in and around Palatka

Palatka High School
302 Mellon Rd · +1 386-329-0577

Putnam Schools
1001 Husson Ave · +1 386-325-8716

James A. Long Elementary School
1400 Old Jacksonville Rd · +1 386-329-0575

first time homeuyer palatka
Palatka is a town in Florida with a population of 10,363. Living in Palatka offers residents a dense suburban feel and most residents rent their homes. In Palatka there are a lot of parks. Many families live in Palatka and residents tend to lean liberal. Not just Palatka, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Palatka Florida

  • Ravine Gardens State Park (Nature nook with gardens & a playground)
  • Bronson Mulholland House (1854 antebellum residence & gardens)
  • St Johns River Center (Riverfront environmental resource center)
  • Riverfront Park (Park and garden)
  • Larimer Arts Center (Art)
  • Palatka Golf Course (Golf)

 

 

 

 

 

 

 

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