Program highlights
- As little as 3% down for qualified first-time buyers, 5% for most repeat buyers
- Loan amounts up to the 2026 Florida conforming limits (higher in high-cost counties)
- No mortgage insurance once you reach 20% equity — unlike FHA
- Available for primary, second home, and 1–4 unit investment property
- Fixed and adjustable options, 10 to 30-year terms
- Manual underwriting available for complex or self-employed files
Who it's best for
- Florida buyers with 640+ credit and steady documented income
- Move-up buyers rolling equity into a larger South Florida home
- Second-home buyers in Naples, the Keys, or Palm Beach
- Investors buying long-term rentals in Broward, Miami-Dade, or Palm Beach
What Florida buyers should know
Florida conforming loan limits are set county-by-county each year. Monroe County (the Keys) carries a higher limit than most of the state, which changes how condo-heavy and waterfront files should be structured.
Frequently asked questions
What credit score do I need for a Florida conventional loan?+
620 is the technical floor for most lenders, but pricing improves meaningfully at 680, 720, and 740. Joann will pull a soft credit review and tell you exactly where you land before you commit to anything.
Can I use a conventional loan for a Florida condo?+
Yes — but the condo project has to be warrantable (approved by Fannie Mae or Freddie Mac). South Florida has many non-warrantable buildings; if yours is one, Joann can pivot to a portfolio or non-QM loan.
How much house can I afford in Florida with a conventional loan?+
It depends on your income, existing debt, property taxes, HOA, and Florida homeowners insurance (which has moved a lot). Run a real number with Joann rather than a generic online calculator.
Explore more Florida loan programs
Ready to talk conventional loans?
Joann answers her own phone. Get a real quote — no credit pull without your consent, no pressure, no sales script.