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

Miami Beach is a south Florida island city, connected by bridges to mainland Miami. Wide beaches stretch from North Shore Open Space Park, past palm-lined Lummus Park to South Pointe Park. The southern end, South Beach, is known for its international cachet with models and celebrities, and its early-20th-century architecture in the Art Deco Historic district with pastel-colored buildings, especially on Ocean Drive

Schools in and around Miami Beach

Mater Beach Academy
8625 Byron Ave · +1 305-864-2889

Mater Academy Mount Sinai
4300 Alton Rd · +1 305-604-1453

Feinberg School
1420 Washington Ave

first time home buyer miami beach
This trendy area of Miami remains the place to see and be seen. The hub of the Miami Art Deco movement, South Beach is a walkable beachfront area of boutique shops, fine dining, and nightclubs. Most people who live in South Beach live in stylish low-rise or high-rise condo units. Not just Miami Beach, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Miami Beach Florida

  • Fontainebleau Miami Beach (Luxe 1950s beachside hotel with clubbing)
  • Ocean Drive (Street lined with Art Deco buildings)
  • Art Deco Welcome Center (Miami’s iconic Art Deco district)
  • The Bass (Art & artifacts from ancient to modern)
  • South Pointe Park Pier (Scenic, seafront outdoor recreation spot)
  • Lincoln Road (Stylish promenade for shopping & dining)









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