Florida Home Purchase Loans
Start your home-buying journey with confidence
Mortgage Options for Every Type of Homebuyer
Your Florida Home Purchase Starts Here
Buying a home in Florida is a significant milestone. Since 2015, Select Home Loans has helped buyers explore financing options for homes in coastal, suburban, rural, and retirement communities, as well as investment properties.
Our licensed mortgage loan originators offer free, no-obligation consultations and can help you explore pre-approval options through our wholesale lending partners. We guide you through financing, explain documentation requirements, and help you prepare to make an informed offer.
Have questions? Contact us today, we’re here to help.
How Soon Do You Want To Buy A Home?
Why choose Select Home Loans?
- Diverse mortgage options: Conventional, FHA, VA, Reverse Mortgages, Jumbo, Non-QM Loans, HELOC, Second Mortgages, and DSCR Loans.
- Trusted reputation: A+ Rated and accredited by the Better Business Bureau.
- Customized service: Solutions crafted to meet your specific requirements.
- Established credibility: A reputation built on trust and experience.
The Florida Home Purchase Process
Buying a home in Florida is a big step, and things can move quickly once you find the right property. Our team helps you navigate financing considerations, from coastal and rural properties to condos and HOA documentation, with your contract deadlines in mind.
We start with a free, no-obligation conversation about your income, assets, credit, and goals. Then we help you explore financing and pre-approval options through our lending partners, so you can shop with a clearer understanding of your potential budget. Pre-approval is not a final loan approval, but it can help you prepare an informed offer.
Once you’re under contract, we help you review rate-lock options, coordinate required appraisal and title work, and stay in touch with your real estate agent and lending partner. With convenient document collection and electronic signing where available, we’re here to keep you informed from application through closing.
Frequently Asked Questions
What credit score do I need to buy a home in Florida?
You may have more options than you think. Select programs accept credit scores as low as 580, but your score is only one part of qualifying. We’ll review your income, credit history, and down payment together to help you understand your options or steps that could help you prepare.
How much do I need for a down payment?
You don’t always need 20% down. Certain conventional programs offer down payments as low as 3%, and eligible FHA borrowers may qualify with 3.5% down. Qualifying VA and USDA buyers may have options with no down payment. We’ll help you explore what fits your situation and explain closing costs, as well as any applicable mortgage insurance.
How long does it take to close on a Florida home?
Typically 15 business days. However, closing time depends on the loan program, underwriting requirements and receipt of required documents. Tell us your target closing date, and we’ll discuss how we can accommodate.
What is your maximum loan amount?
We offer jumbo financing options up to $5 million for eligible borrowers and properties. We’ll help you explore available options and explain the down payment, reserves, and documentation needed for your purchase.
Can I buy a home if I’m self-employed?
Absolutely. Being self-employed doesn’t have to stand between you and your next home. Options may include traditional financing or programs that accept alternative income documentation, such as bank statement loans. We’ll take time to understand your income and walk you through what you’ll need to apply.