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CambridgeHomeLoan.com is proud to be New Port Richey Florida’s #1 First Time Home Buyer loan lender. We are helping borrowers in New Port Richey Florida to qualify for the best First Time Home Buyer loan, FHA Loan, VA Loan and Jumbo/Non-QM Loans to meet their borrowing requirements with the best rates and terms available today.

First Time Home Buyer New Port Richey 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 New Port Richey Florida. Use this application to pre-qualify and start shopping for your new home in New Port Richey 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 New Port Richey Florida

Things To Do In and Around New Port Richey Florida

  • Sims Park (Popular place with a lake & splash pad)
  • James E. Grey Preserve (Wildlife, river & trails across 80 acres)
  • Werner-Boyce Salt Springs State Park (Fishing, bird-watching & paddling)
  • Robert K Rees Memorial Park (Beach, boardwalk & observation tower)
  • Jay B. Starkey Wilderness Park (Natural area with trails & picnic areas)
  • West Pasco Historical Society (Books & exhibits in an old schoolhouse)

Here is a list of just some of the home loans available in New Port Richey Florida from CambridgeHomeLoan.com

1. FHA Loans (Federal Housing Administration Loans):Insured by the FHA, these loans offer low down payment options, making homeownership more accessible. Benefits in New Port Richey Florida: Ideal for first-time homebuyers in New Port Richey 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 New Port Richey, Florida:  Conventional loans are suitable for homebuyers in New Port Richey with solid credit and financial stability, offering flexibility in property types and terms. Starting at 5% Down!

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 New Port Richey Florida: A great option for military personnel in New Port Richey, 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. Benefits in New Port Richey Florida: While New Port Richey is urban, nearby rural areas may qualify for USDA loans, providing a pathway to homeownership with favorable terms.

5.  New Port Richey Jumbo Loans: – Mortgages that exceed the conforming loan limits set by government-sponsored enterprises, suitable for high-value properties. Jumbo Loan Benefits in New Port Richey Florida: Ideal for luxury properties in New Port Richey, 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 New Port Richey Florida:

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

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

8. Non-QM Loans New Port Richey: 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 New Port Richey, 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 CambridgeHomeLoan.com can provide personalized guidance based on individual circumstance.

New Port Richey is a city in Pasco County, Florida, United States. It is a suburban city included in the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area. The population was counted at 16,728 in the 2020 census. 

Schools in and around New Port Richey

Gulf High School
5355 School Rd · +1 727-774-3300

Richey Elementary School
6850 Adams St · +1 727-774-3500

Harry Schwettman Education Center
5520 Grand Blvd · +1 727-774-0000

first time homebuyer New Port Richey
New Port Richey is a very quaint and friendly place to live. It has a country feeling and has a lot of places to eat, drink, and be merry. The area has a lot of parks and libraries with many places to go and be entertained without the feeling of the “Big City”. It is conveniently located near the beach and Tampa. Not just New Port Richey, we are serving all of First Time Home Buyer Florida market.
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