The 100% FHA Zero Down Financing Program makes homeownership more accessible for qualified buyers in Florida.
With full down payment assistance, eligible borrowers can purchase a home without needing to save for a large down payment, making the dream of homeownership a reality sooner.
This program is designed to help qualified borrowers not only cover the required 3.5% FHA down payment but also, in some cases, a portion of closing costs.
With lower credit score requirements, flexible debt-to-income (DTI) ratios, and no need to be a first-time homebuyer, this program opens the door to homeownership for more Florida residents.
Find out if you qualify for the 100% FHA Zero Down Financing Program by answering a few quick questions.
Our simple calculator will assess your eligibility based on key factors such as your credit score, debt-to-income ratio, and property type.
For those who meet the eligibility requirements, the 100% FHA Zero Down Financing Program provides full down payment assistance and options to cover up to 5% of the home's purchase price, allowing borrowers to allocate their savings toward other important expenses like moving costs, home repairs, or even furniture.
Key benefits of this program include:
No Down Payment Needed: Qualified borrowers receive assistance for the required 3.5% FHA down payment.
Flexible Credit Requirements: With a minimum credit score requirement of 620 (640 for manufactured homes), the program makes FHA loans more accessible.
Lower Interest Rates: Take advantage of FHA financing's lower interest rates and flexible DTI ratios.
First-Time & Repeat Buyers Welcome: No requirement to be a first-time homebuyer, allowing more Floridians to qualify.
Multiple Property Types: Whether you're purchasing a single-family home, multi-family home (up to 2 units), or even a condo, this program covers a range of eligible properties.
After using the calculator, if you find that you’re eligible, your next steps are simple:
Gather Required Documents: Prepare documentation like proof of income, credit score reports, and details about your property.
Complete Homebuyer Education: If you haven’t already, complete a Homebuyer Education course from a HUD-approved service, which is a requirement before closing.
Connect with a Lender: Speak with an FHA-approved lender to confirm your eligibility and begin your application process.
Prepare for Your New Home: Once your application is approved, you’ll be one step closer to moving into your new Florida home!
This program removes the biggest barrier to homeownership—saving for a down payment—by providing 100% assistance for qualified buyers.
By reducing upfront costs, borrowers can focus on other priorities while still achieving their homeownership goals.
We specialize in finding the best loan options for our customers.
If you're ready to see if this program is right for you, use the calculator above to verify your eligibility and take the first step toward owning your dream home.
