FHA Home Loans in Marathon, FL
Marathon is a coastal market where wind and flood coverage is a real line item in the payment. Monroe County is a designated high-cost county for 2026, so the conforming limit is $990,150 rather than the $847,440 national baseline. HUD set the county's one-unit FHA limit at $990,150 — $448,863 above the $541,287 national floor. At a $745,000 median, both conforming and FHA financing reach the middle of the Marathon market. The FHA ceiling of $990,150 sits above the $745,000 median, so a typical Marathon home is financeable with the 3.5% minimum down payment. On 2–4 units, the FHA limits step up to $1,267,392 (duplex), $1,532,158 (triplex), and $1,904,157 (fourplex) — the route Florida buyers use to house-hack with 3.5% down while tenants carry part of the payment.
FHA loan limits in Monroe County ($990,150) comfortably cover the Marathon median home price ($745,000).
Comparación de pago inicial
Desglose del pago mensual
| Tipo de préstamo | P&I | MIP / PMI | Total mensual |
|---|---|---|---|
| FHA 3.5% de pago inicial | $4,564 | $330 | $4,893 |
| Convencional 5% de pago inicial | — | $248 | $4,780 |
El MIP inicial de $12,581 (1.75%) generalmente se incluye en el saldo del préstamo.
Asistencia para el pago inicial
Florida buyers in Monroe County can layer FHA with Florida Housing's Hometown Heroes and the FL Assist second mortgage for down payment and closing cost help. Both are income-limited by county and require a first-time buyer status in most cases — Marathon's $745,000 median usually keeps the assistance math workable.
Preguntas frecuentes
Get pre-approved for an FHA loan in Marathon
Pago inicial bajo, requisitos de crédito flexibles y programas de asistencia para el pago inicial (DPA) acumulables.