First Time Home Buyer Melbourne Florida

First Time Home Buyer Program 
* Starting at 3% Down!
* VA Home Loans at No Money Down!
* FICO starting at 550
* Close As Fast As 15 Days!


Melbourne Florida’s home loan programs with the best rates and terms for First Time Home Buyers, VA Loans, FHA Loans,Jumbo and Non-QM Loans. We are helping borrowers in Melbourne Florida to qualify for the best First Time Home loans to meet their borrowing requirements. 

First Time Home Buyer Melbourne Florida has a number of First time home buyer Melbourne 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 Melbourne Florida. Use this application to pre-qualify and start shopping for your new home in Melbourne Florida today! Purchase, Refinance, Cash Out Refinance.

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 Melbourne Florida

Home loan flip application

Here is a list of just some of the home loans available in Melbourne Florida from

1. FHA Loans (Federal Housing Administration Loans):Insured by the FHA, these loans offer low down payment options, making homeownership more accessible. Benefits in Melbourne Florida: Ideal for first-time homebuyers in Melbourne, FHA loans provide a lower down payment requirement, facilitating entry into the real estate market.

2. Conventional Loans: Standard mortgage loans not backed by a government agency, often requiring a higher credit score and down payment.  Benefits in Melbourne, Florida:  Conventional loans are suitable for homebuyers in Melbourne with solid credit and financial stability, offering flexibility in property types and terms. Starting at 5% Down!



Mortgage Calculator
Purchase Price: $
Down Payment: $
Loan Term: years
Interest Rate: %
Property Tax: $ /year
Insurance: $ /year
Payment: $ /month


3. VA Loans (Veterans Affairs Loans):- Available to eligible veterans, active-duty service members, and surviving spouses, offering favorable terms and no down payment. Benefits of a VA loan in Melbourne Florida: A great option for military personnel in Melbourne VA loans provide the opportunity to purchase a home with no down payment, making homeownership more accessible.

4. USDA Loans (United States Department of Agriculture Loans): Designed for rural and suburban homebuyers, offering low to no down payment options.

5.  Melbourne Florida Jumbo Loans: – Mortgages that exceed the conforming loan limits set by government-sponsored enterprises, suitable for high-value properties. Jumbo Loan Benefits in Melbourne, Florida: Ideal for luxury properties in Melbourne jumbo loans accommodate larger loan amounts, allowing buyers to finance higher-end homes. No Doc and Low Doc loans for self employed borrowers including P&L only and Bank Statement only home loans. 

6. First-Time Homebuyer Loans Melbourne Florida:
Various loan programs specifically tailored to assist individuals purchasing their first home. Benefits of a first time home loan in Melbourne Florida: First-time homebuyer loans often come with low down payments and favorable terms, supporting residents in Melbourne entering the housing market.

7. Foreign National Loans Melbourne: Allow for foreign nationals including ITIN and resident aliens to purchase a home with a mortgage loan.

8. Non-QM Loans Melbourne: Non-QM Loans including Bank Statement Loans, P&L Only Loans, Foreign National and DSCR Loans. These loans allow for limited documentation and in some cases have no income or tax return requirements. 

When exploring home loans in Melbourne Florida, it’s crucial for potential buyers to consider their financial situation, goals, and the specific benefits offered by each loan type. Additionally, contacting a mortgage professional at can provide personalized guidance based on individual circumstance.


Things To Do In and Around Melbourne Florida

  • Brevard Zoo (Giraffe feeding, zip-lining & water play)
  • Wickham Park (Vast preserve with campground & trails)
  • Andretti Thrill Park (Go-kart track with laser tag & mini golf)
  • Downtown Melbourne (Wine)
  • Rossetter House Museum Office (Historic site of a 1908 home & gardens)
  • Canova Beach Park (Dog-friendly beach with showers)

Melbourne is a Florida city southeast of Orlando. The Eau Gallie Arts District, on the Indian River Lagoon, is known for its galleries and Foosaner Art Museum. Period buildings include the Rossetter House Museum & Gardens, restored to its 1908 appearance. Across the lagoon, Howard E. Futch Memorial Park at Paradise Beach faces the Atlantic Ocean. North, Brevard Zoo features a kayak tour through an African habitat. 

Schools in and around Melbourne

Longleaf Elementary School
4290 N Wickham Rd · +1 321-242-4700

Harbor City Elementary School
1377 Sarno Rd · +1 321-254-5534

Eau Gallie High School
1400 Commodore Blvd · +1 321-242-6400

first time home buyer melbourne
Melbourne is in Brevard County and is one of the best places to live in Florida. Living in Melbourne offers residents a dense suburban feel and most residents own their homes. In Melbourne there are a lot of restaurants and parks. The public schools in Melbourne are highly rated. Not just Melbourne, we are serving all of First Time Home Buyer Florida market.



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