Best First Time Home Buyer Programs Oldsmar Florida

First time home buyer loans – As low as 3% Down!
Fast Close – As low as 17 Days!
VA Loans – No money Down!
FICO as low as 550
Jumbo Loans, Non Qm and Foreign National Loans!


Oldsmar Florida’s best First Time Home Buyer loan programs including FHA Loans, Conventional, Jumbo and VA Loans including all non qm limited doc and low down payment programs. We are helping borrowers in Oldsmar Florida to qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Oldsmar 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 Oldsmar Florida 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 for Oldsmar Florida

  • 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
  • P&L and Statement Loans (Limited Doc)

Qualify for a 3% down Home Loan in Oldsmar Florida. Use this application to pre-qualify and start shopping for your new home in Oldsmar 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 Oldsmar Florida

Home loan flip application

Some of the more popular first time home buyer home loan programs for Oldsmar Florida include:

Keep in mind that these programs may change over time, and new ones may be introduced. Additionally, the availability of these programs can vary depending on your location. Here are some examples from the United States:

1. FHA Loans (Federal Housing Administration):** Insured by the FHA, these loans often require a lower down payment and have more flexible credit requirements. Loans start as low as 3.5% Down!

2. VA Loans Oldsmar Florida (Department of Veterans Affairs):** Available to eligible military veterans, active-duty service members, and surviving spouses. VA loans typically offer competitive interest rates and require no down payment.

5. Fannie Mae HomeReady Program: Designed for low to moderate-income borrowers, this program offers low down payment options and flexible eligibility criteria. As low as 3% Down

6. Freddie Mac Home Possible Program: Similar to Fannie Mae’s HomeReady, this program provides low down payment options for low to moderate-income borrowers.

There are many non qm or nonqualifying mortgages available for home buyers as well, including:

  1. Bank Statement Loans: These loans allow self-employed individuals to use their personal or business bank statements to demonstrate income rather than traditional tax returns.

  2. Asset-Depletion Loans: With this type of loan, borrowers can use their assets (such as savings, investments, or retirement accounts) to qualify for a mortgage without relying on traditional income documentation.

  3. Interest-Only Mortgages: Borrowers may only be required to pay the interest on the loan for a specified period, typically the first few years of the loan term.

  4. Non-Prime Loans: These loans are designed for borrowers with credit challenges, such as a history of bankruptcy or foreclosure.

  5. Foreign National Loans: Designed for non-U.S. citizens or individuals without a U.S. credit history, these loans often require a higher down payment.

  6. Stated Income Loans: Borrowers state their income on the application without providing traditional income verification documents. This type of loan is also known as a “liar loan.”


  • Jumbo Loans: While some jumbo loans may be Non-QM, not all are. Jumbo loans exceed the conforming loan limits set by Fannie Mae and Freddie Mac.

  • Fix and Flip Loans: These loans are designed for real estate investors who purchase properties with the intention of renovating and reselling them quickly.

  • Non-Warrantable Condo Loans: Some condos that don’t meet Fannie Mae or Freddie Mac guidelines may require a Non-QM loan. This often happens when a condo development doesn’t meet certain eligibility criteria.



Oldsmar is a city in Pinellas County, Florida, United States. As of the 2010 census, the city had a population of 13,591. The Oldsmar name dates to April 12, 1916 when automobile pioneer Ransom E. Olds purchased 37,541 acres of land by the northern part of Tampa Bay to establish “R. E. Olds-on-the-Bay”.

Schools in and around Oldsmar

Oldsmar Elementary School
302 Dartmouth Ave · +1 813-855-7316

Forest Lakes Elementary School
301 Pine Ave N · +1 813-891-0785

Oldsmar Christian School
650 Burbank Rd · +1 813-855-5746

first time homebuyer oldsmar
Oldsmar is in Pinellas County and is one of the best places to live in Florida. Living in Oldsmar offers residents a dense suburban feel and most residents own their homes. In Oldsmar there are a lot of restaurants and parks. Many families and young professionals live in Oldsmar and residents tend to lean conservative. Not just Oldsmar, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Oldsmar Florida

  • Empower Adventures Tampa Bay (Zip line)
  • Mobbly Bayou Wilderness Preserve (Natural setting for picnics & hiking)
  • Philippe Park (Waterside green space & historic site)
  • R E Olds Park (Waterfront spot with a pier & playground)
  • Tampa Bay Downs (Thoroughbred horse racetrack)
  • Upper Tampa Bay Park (Protected lands with canoeing & BBQ pits)



benefits of a hard money loan florida

Benefits Of A DSCR Loan Florida

Home Benefits of DSCR Loan Florida DSCR loan Florida offers several benefits for real estate investors in Florida: The first and probably the most important to

Read More »

DSCR Loans Florida

Home DSCR Loans in Florida and around the US with a Fix and Flip Loan and DSCR Loan Florida from

Read More »
ultimate guide to dscr loan

Ultimate Guide To DSCR Loans

Home The Ultimate Guide to DSCR Loans: Everything You Need to Know Introduction When it comes to real estate investment, finding innovative financing solutions is

Read More »
smart choices

Discuss Loan Options

I would like to discuss my loan options


Quick Apply

I would like to apply for my loan myself

apply home loan


I am shopping for a home and would like to pre-qualify for my price range.