FHA loans in Florida — flexible, accessible, real.

Most Florida counties cap FHA at $541,287 for a single-family home in 2026. Monroe County (the Keys) goes up to $990,150 — the highest in the state. Collier County (Naples / Marco Island) caps at $764,750. Okaloosa and Walton at $603,750; Nassau at $580,750. Two-, three-, and four-unit FHA limits are higher in every county.

Yes — but the condo project must be FHA-approved, or qualify for a Single-Unit Approval ("spot approval"). Florida condo approvals are more complex than most states because of HOA reserve requirements, master insurance issues (especially post-Surfside), and structural integrity inspections. We pre-screen the project before contract.

Yes — there's a meaningful list of FHA-approved condo projects in Miami-Dade, Broward, and Palm Beach. The list changes constantly as projects renew (or lapse). We run the project against the HUD database before you write an offer and, if it's not on the list, we'll check whether it's eligible for Single-Unit Approval.

No — FHA loans require primary residence occupancy. The only common workaround is buying a 2–4 unit property and living in one unit, which is allowed and a great long-term wealth strategy.

FHA loans carry an upfront mortgage insurance premium (1.75% of the loan amount, financed) and an annual MIP (0.55% on most loans with 3.5% down). MIP runs for the life of the loan unless you put 10%+ down — at which point it drops off after 11 years.

Most of our Florida FHA files close in 21–28 days. Condo approvals can add time if the project isn't pre-approved. We confirm timing up front so your purchase contract reflects realistic dates.