Key West commands Florida's highest FHA and conforming limits at $990,150 — a unique island market for vacation and second-home buyers.
Key West commands Florida's highest FHA and conforming limits at $990,150 — a unique island market for vacation and second-home buyers. The 2026 high-balance conforming limit of $990,150 means buyers can finance most purchases with Fannie/Freddie programs — jumbo financing applies above that ceiling. STR regulations are active in Key West; DSCR investment loans remain available for qualifying rental properties.
Key West is in Monroe County, one of Florida's high-cost areas, where both the high-balance conforming and FHA limits reach $990,150 in 2026. Loans up to $990,150 are still Fannie Mae / Freddie Mac eligible — but at high-balance pricing, which carries a small rate premium over the $832,750 standard conforming baseline. Any loan above $990,150 is jumbo and requires portfolio or non-agency financing. Short-term rental regulations are active in Key West — DSCR and investment financing remains available, but buyers should confirm current STR permitting before purchasing income-targeted properties.
| Loan Type | 2026 Limit |
|---|---|
| Conforming | $990,150 |
| FHA | $990,150 |
| VA | No limit (full entitlement) |
| Jumbo | Above $990,150 |
STR Note — Short-term rental regulations are active in Key West. DSCR investor financing is still available; confirm STR permits before purchase.
We're licensed in both Colorado and Florida — one broker, both states. Most of our Florida clients close fully remotely with e-sign and mobile notary. No office visit required.
The 2026 conforming loan limit in Monroe County is $990,150. The FHA limit is $990,150. VA loans have no county loan limit for borrowers with full entitlement. Loans above the conforming limit require jumbo financing.
Down payment requirements depend on the loan: 0% for VA and USDA (where eligible), 3.5% for FHA, 3–5% for conventional first-time buyers, 10–20% for jumbo loans, and 20–25% for DSCR investor loans.
Yes — Tayton Capital is licensed in both Colorado and Florida. We close fully remote using e-sign and mobile notary at closing. Most out-of-state buyers never need to visit our office.
Yes. DSCR loans qualify based on the property's rental income — not your W-2 or tax returns. They're available for single-family, condos, and 2–4 unit properties in Key West with a minimum 20–25% down payment.
Get pre-approved in minutes — we'll follow up the same day with loan options tailored to Monroe County.
Tell us a little about you and we'll reach out personally — usually within one business day.
Or call (970) 708-9624