background

Begin Your Journey to Homeownership 🎉

First-Time Homebuyer Loans

Ready to buy your first home? Our first-time homebuyer loans offer low down payments, competitive rates, and personalized support every step of the way. Discover the possibilities and start your journey in Miami, FL!
Marilyn Orozco | Loan Officer | NMLS#382882

Get Expert Loan Advice Today

Buying your first home is exciting, but we know it can feel a bit overwhelming, too! As a first-time homebuyer, you have access to loan options with low down payments, flexible terms, and supportive guidance to make the process as smooth as possible. Have questions or ready to get started? Fill out the form below, and let's chat! We’re here to make your homebuying journey as easy and stress-free as possible.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Get Answers to Your Homebuying Questions 🏡💬

Frequently Asked Questions for First-Time Homebuyers

Buying your first home can feel overwhelming, but we’re here to help! Explore our FAQs to get clear answers on everything from loan options to down payments and more.

What loan options are available for first-time homebuyers in Miami, FL?

First-time homebuyers have several options, including FHA loans, VA loans, and conventional loans with low down payment options. Each has unique benefits, so it’s best to speak with a loan officer to find the right fit for your financial situation.

How much down payment is required for first-time homebuyers?

Down payment requirements vary by loan type. FHA loans may require as little as 3.5%, while some conventional loans offer down payments as low as 3% for qualified first-time buyers. VA loans may even require no down payment for eligible veterans.

What credit score is needed to buy a home as a first-time buyer?

The required credit score depends on the loan type. FHA loans generally require a score of at least 580, while conventional loans usually require a score of 620 or higher. A higher score may help you secure a lower interest rate.

Are there any assistance programs for first-time homebuyers in Miami, FL?

Yes! There are several local and state assistance programs that offer down payment assistance, reduced interest rates, and other benefits for first-time homebuyers in Miami, FL. Your loan officer can help you explore these options.

How can I prepare financially for buying my first home?

To prepare, review your credit score, save for a down payment, and create a budget for homeownership costs. It’s also helpful to get pre-approved for a mortgage to understand your buying power and be ready when you find the right home.