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First Time Home Buyer Malabar Florida

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

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

Malabar is a town in Brevard County, Florida. The population was 2,757 at the 2010 United States Census. It is part of the Palm Bay–Melbourne–Titusville Metropolitan Statistical Area.

Schools in and around Malabar

Royal Palm Charter School
Palm Bay, FL, United States · +1 321-723-0650

Palm Bay Academy – Middle School Campus
Palm Bay, FL, United States · +1 321-726-9920

Port Malabar Elementary School
Palm Bay, FL, United States · +1 321-725-0070

It has many farmers, with a lot of farmland and pastures. It feels safe and has a low crime rate. The schools are very good and have a nice list to choose from with different specialties for each school. Overall, it is a quaint, small, community to raise a family and is welcoming. Not just Malabar, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Malabar Florida

Turkey Creek Sanctuary (Trails & a nature center with exhibits)
Coconut Point Park
Jordan Scrub Sanctuary (Nature)
Spessard Holland South Beach Park (Low-key beach with showers & lifeguards)
Archie Carr National Wildlife Refuge (Natural preserve for sea turtle viewing)
Coconut Point Sanctuary (Park and garden)

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