FHA loans in Florida — flexible, accessible, real.
3.5% down, generous credit guidelines, and a licensed Florida broker shopping 40+ wholesale lenders for your best rate.
FHA loan highlights for Florida buyers
- 3.5% down with a 580+ credit score
- 10% down for credit scores 500–579
- Flexible debt-to-income — up to 56.9% with compensating factors
- Gift funds allowed for the full down payment and closing costs
- Seller can pay up to 6% in concessions
- Manual underwriting available for non-traditional credit profiles
2026 FHA loan limits in Florida
- Most Florida counties: $541,287 (single-family)
- Monroe County (the Keys): $1,149,825
- Collier County (Naples / Marco Island): $730,525
Florida FHA condo approvals — a special case
Florida FHA condo approvals are more complex than most states. Between HOA reserve requirements, master insurance scrutiny (especially post-Surfside), and Florida's structural integrity inspection law, many condo projects fall in and out of FHA approval throughout the year.
We work with both full project approvals (every unit eligible) and Single-Unit Approvals (a one-off approval for your specific unit in an unapproved project). Before you write a contract on a Florida condo, send us the project and we'll pre-screen FHA eligibility — saves weeks of wasted time.
Florida cities we serve
Florida FHA loan FAQs
What are FHA loan limits in Florida for 2026?+
Most Florida counties cap FHA at $541,287 for a single-family home in 2026. Monroe County (the Keys) goes up to $1,149,825 — the highest in the state. Collier County (Naples / Marco Island) caps at $730,525. Two-, three-, and four-unit FHA limits are higher in every county.
Can I get an FHA loan on a Florida condo?+
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.
Are there FHA-approved condos in Miami?+
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.
Can I use FHA for a second home or rental in Florida?+
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.
What's the FHA mortgage insurance situation?+
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.
How fast can FHA close in Florida?+
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.
Start your Florida FHA pre-approval
15 minutes online — we'll shop your file across 40+ FHA investors and send a written quote within one business day.