Skip to Content

Make homeownership a reality

FHA/VA/USDA mortgages make homeownership possible for many! These specialized, government-backed home loans are easier to qualify for, require little to no money down, and offer great rates.

Overview

Government insured mortgage programs

FHA/VA/USDA loans are government-sponsored mortgages intended to help families become homeowners with little to no down payment required. For that reason, these loans are easier to qualify for and can only be applied toward your primary residence.

Afford more home
Annual & lifetime rate caps
Lower initial payment
Talk to a mortgage specialist today by calling (863) 688-8443 or toll free (855) 915-4663, or start your application online.

Start Here

Find a Mortgage Specialist


father-son-painting-fence

Features

Learn about FHA/VA/USDA Loans

FHA Loan

Loans insured by the Federal Housing Administration (FHA) are a great option for people with less than perfect credit, who might not otherwise qualify for a mortgage.

  • Down payment options as low as 3.5%
  • Gift funds can be used toward down payment and/or closing costs
  • Fixed- and adjustable-rate loans
  • Allows you to qualify with a co-applicant, even if they don’t live with you
  • Requires FHA mortgage insurance

VA Loan

VA loans, which are guaranteed by the Department of Veteran Affairs, were designed to help military service members, veterans and eligible spouses buy a home.

  • Offer low or no down payment options
  • No mortgage insurance required
  • Fixed- and adjustable-rate loans
  • One-time VA funding fee, which can be included in the loan

USDA Loan

USDA loans are backed by the U.S. Department of Agriculture and allow borrowers to purchase a home with no down payment in eligible rural or less-dense suburban areas.

  • 100% financing of property’s appraised value
  • For specific properties the USDA designates as rural
  • For purchases or refinances
  • 30-year fixed-rate loans only
  • Maximum household income restrictions apply
  • Requires mortgage insurance

Homeowners Insurance

Are you covered?

Protect your home inside and out. Compare multiple carriers to find the best deal available. Insurance products provided by MIDFLORIDA Insurance Services, LLC. Lic. #L084232

The latest insight about mortgages from our blog

The Ultimate Guide for First-Time Home Buyers in Florida

The Ultimate Guide for First-Time Home Buyers in Florida offers a comprehensive overview of the home buying process tailored specifically for Florida residents. Covering everything from defining first-time buyers to the steps involved in purchasing a home, the guide delves into financial considerations, mortgage options, market insights, and practical advice for navigating the real estate landscape. From understanding your finances to closing the deal, each step is outlined with clarity and detail to empower prospective buyers in their journey towards homeownership in the Sunshine State.

The Pros and Cons of Refinancing Your ARM Loan

Dive into the realm of mortgage refinancing as we unravel the complexities and benefits of transitioning from an adjustable-rate mortgage (ARM) to a fixed-rate loan. In this comprehensive guide, we delve into the factors influencing ARM rates, the pros and cons of refinancing, and the current market landscape in Florida. Whether you're seeking stability or aiming to capitalize on favorable rates, our exploration offers invaluable insights to help you make informed decisions about your mortgage journey.

Exploring One-Time Close Construction Loans

Discover the seamless path to building your dream home with a one-time close construction loan. Our guide explores how this innovative financing option combines the construction phase with a permanent mortgage, saving you time, money, and paperwork. With MIDFLORIDA Credit Union, embark on your journey confidently, guided by knowledgeable mortgage specialists who ensure a personalized experience tailored to your needs. Dive into the full article to learn more about unlocking the door to your dream home.

Notices & Disclosures
1
MIDFLORIDA Credit Union Membership, eligibility, and credit approval required. Payment example: A 30-year fixed-rate loan for $300,000 with a minimum credit score of 600 with 3.5% down at 7.250% and an Annual Percentage Rate (APR) of 7.321% would have a monthly payment of $2,046.53 which includes principal and interest. Payment example does not include amounts for taxes, insurance premiums, or mortgage insurance; the actual payment obligation will be greater. Advertised terms are valid as of March 01, 2024, and subject to change without notice. Other conditions apply. Ask your mortgage loan officer for details.