FHA Loan With No Money Down Florida
Technically FHA requires 3.5% down — but Florida's down payment assistance programs can cover it entirely. Here's how Florida buyers close on an FHA loan with little or zero out-of-pocket.
How to Get an FHA Loan With $0 Down in Florida
FHA loans technically require a 3.5% minimum down payment. But Florida's down payment assistance programs are built to cover exactly that, which means eligible buyers can close an FHA purchase with nothing out of pocket.
Official resource: HUD.gov — FHA Loan Program.
The most common play: pair an FHA first mortgage with the Florida Hometown Heroes second mortgage. That's up to 5% of the loan amount at 0% interest. If the DPA comes in above your 3.5% down payment, the extra rolls toward closing costs. That's how plenty of Florida buyers close with under $1,000 out of pocket.
County-level SHIP grants in Palm Beach, Broward, and Miami-Dade can add up to $60,000 in assistance. That's more than enough to cover both the down payment and all closing costs. The catch is that SHIP funding is limited and handed out first-come, first-served, so moving quickly matters.
Close on an FHA Loan With $0 Down in Florida
DPA stacking · FL Hometown Heroes + SHIP grants · Eligibility check · NMLS# 1859012
Rates are illustrative only. APR and payments vary by credit score, loan amount, and market conditions. Subject to credit approval. Not a commitment to lend. NMLS# 1859012. Equal Housing Lender.