Florida Panhandle · Bay County

Mortgage Broker in Panama City, FL — Bay County

Panama City is a military-adjacent city near Tyndall AFB — strong VA demand and affordable pricing for Panhandle primary-home buyers.

Median Price

$295,000

Conforming Limit

$832,750

FHA Limit

$541,287

Top Programs

VA, FHA, Conventional

The Panama City Market

Panama City is a military-adjacent city near Tyndall AFB — strong VA demand and affordable pricing for Panhandle primary-home buyers. The 2026 conforming loan limit is $832,750 and the FHA limit is $541,287, covering most Panama City purchase scenarios. Some Panama City properties on the outskirts may qualify for USDA 0%-down financing — eligibility is address-specific. VA loans are heavily used here — veterans and active-duty personnel benefit from $0 down and no monthly PMI.

2026 Loan Limits — Bay County

The 2026 conforming loan limit in Bay County is $832,750, covering most Panama City home purchases. FHA buyers work within Florida's $541,287 floor — 3.5% down, flexible credit, and no income limit for qualifying. Some addresses on the rural outskirts of Panama City may qualify for USDA 0% down financing. Eligibility is property-specific and must be verified — contact us to check any address. Veterans and active-duty buyers near Panama City benefit from VA loans with zero down payment, no monthly PMI, and no county loan limit for those with full entitlement.

Loan Type	2026 Limit
Conforming	$832,750
FHA	$541,287
VA	No limit (full entitlement)
Jumbo	Above $832,750

Top Loan Programs in Panama City

Conventional

Fixed & ARM, 3–20% down.

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FHA

3.5% down, flexible credit.

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VA

$0 down for veterans & active duty.

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USDA

100% financing in eligible areas.

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Jumbo

Loans above conforming limits.

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DSCR / Investor

Qualify on rental income.

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VA Loans Welcome — Panama City has an active military presence. We close VA loans here regularly — $0 down, no PMI, no county loan limit.

Buying in Panama City from Out of State?

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.

Snowbird & Second Home Guide

Frequently Asked Questions

What are the 2026 loan limits in Bay County, FL?+

The 2026 conforming loan limit in Bay County is $832,750. The FHA limit is $541,287. VA loans have no county loan limit for borrowers with full entitlement. Loans above the conforming limit require jumbo financing.

What down payment do I need to buy in Panama City, FL?+

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.

Can I get a mortgage in Panama City if I live in Colorado?+

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.

Does Tayton Capital do DSCR loans in Panama City?+

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 Panama City with a minimum 20–25% down payment.

Ready to buy in Panama City?

Get pre-approved in minutes — we'll follow up the same day with loan options tailored to Bay County.

Apply Now Or call (970) 708-9624

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Bay County mortgage guide →

Mortgage Broker in Panama City, FL — Bay County

The Panama City Market

2026 Loan Limits — Bay County

Top Loan Programs in Panama City

Conventional

FHA

VA

USDA

Jumbo

DSCR / Investor

Buying in Panama City from Out of State?

Frequently Asked Questions

Ready to buy in Panama City?

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