First Time Home Buyer Riverview 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
  • VA Loan Riverview – No Money Down!
  • Jumbo Loans – Limited Doc and Ground Up Construction
  • Foreign National and Non-QM Home Loans

APPLY NOW!

Best mortgage rates in Riverview for First Time Home Buyer home loans including FHA Loans, VA Loans, Jumbo and Non-QM Home Loans. We are helping borrowers in Riverview Florida to qualify for the best First Time Home Buyer loan to meet their borrowing requirements. If you are looking for the best home loan programs in Riverview Florida you have come to the right place.

First Time Home Buyer Riverview 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 Riverview Florida. Use this application to pre-qualify and start shopping for your new home in Riverview Florida today! Purchase, Refinance, Cash Out Refinance.

HOME LOAN APPLICATION
QUICK APPLY!

Prequalify now to see how much of Loan you can qualify for. 

Benefits of Being A First Time Home Buyer In Riverview Florida

FHA loans Riverview Florida are government-backed loans designed for first-time homebuyers with lower credit scores. They require a smaller down payment (3.5%) but come with mortgage insurance premiums.

VA Loans Riverview Florida  (Department of Veterans Affairs): VA loans are available to eligible veterans, active-duty service members, and certain surviving spouses. These loans offer 100% financing and generally have competitive interest rates.

Jumbo Loans Riverview: Jumbo loans are used for high-value properties that exceed conventional loan limits. They typically require larger down payments and have stricter credit requirements.

Interest-Only Loans: Interest-only loans allow borrowers to pay only the interest for a specified period, typically 5 to 10 years. Afterward, payments increase to cover principal and interest.

Reverse Mortgages: Reverse mortgages are designed for seniors aged 62 and older. They allow homeowners to convert home equity into cash, with loan repayment deferred until the homeowner sells the home, moves out, or passes away.

HOME LOAN MORTGAGE CALCULATOR

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

Home Loans For Business Owners in Riverview Florida

Non-Qualified Mortgage (Non-QM) Loans: Non-QM loans are for borrowers who don’t meet conventional mortgage standards are self employed or do not have a w2 to possibly tax return to show income. Various types include:

Profit and Loss (P&L) Loans:  Suitable for self-employed individuals who may have fluctuating income. Closest thing to a no doc loan.

Statement Loans: Based on bank statements rather than tax returns, beneficial for those with non-traditional income documentation.

Foreign National Loans: Tailored for non-U.S. citizens or non-permanent residents.

Asset Depletion Loan: Uses assets like retirement savings, trust funds, treasuries, etc.,  to qualify you for a loan.

ABOUT RIVERVIEW FLORIDA

Riverview is located in Hillsborough County, Florida, United States. It is located south of Brandon. The population was 107,396 in the 2020 census, up from 71,050 in the 2010 census.

Schools in and around Riverview

Imagine Schools – Plantation Campus
8200 Peters Rd · +1 954-358-4200

South Plantation High School
1300 SW 54th Ave · +1 754-323-1950

Trinitas Academy
1101 SW 49th Ave · +1 954-581-2744

first time homebuyer riverview
Why to live in Redington Beach, FL? Quality of Life. While the cost to live in Riverview might be slightly higher, the quality of life here is superb. The weather is excellent almost the entire year, which is ideal for retirees (and, frankly, everyone else). Not just Riverview, we are serving all of First Time Home Buyer Florida market.

Things To Do In and Around Riverview Florida

  • Charlotte Harbor Preserve State Park (Boating & hiking through the mangroves)
  • Peace River Botanical & Sculpture Gardens (Garden)
  • Port Charlotte Beach Park (Scenic spot with boat ramps & activities)
  • Bayshore Live Oak Park (Recreation area with water access)
  • Ollie’s Pond Park
  • North Tamiami Trail (Marina)

 

EXPERT HOME LOAN ADVICE

smart choices

Discuss Loan Options

I would like to discuss my loan options

simplicity

Quick Apply

I would like to apply for my loan myself

apply home loan

Pre-Qualify

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