FHA Loans · South Florida

The door-opener: 3.5% down and credit standards built for real people.

The FHA program exists for one reason: to make homeownership reachable for people who don't have a perfect file — modest savings, a credit history that's still recovering, income that's solid but new. It's the most popular first-time buyer loan in Miami-Dade, and when it's the right fit, it changes families' trajectories.

Start Your Application Call (305) 492-2404
  • NMLS #1615071
  • Licensed in Florida
  • English / Español

Plain English

What is an FHA loan?

An FHA loan is a mortgage insured by the Federal Housing Administration, which lets lenders accept smaller down payments and more flexible credit than conventional loans allow. The trade-off is mortgage insurance premium (MIP) — an upfront fee plus a monthly amount that, with minimum down payment, typically lasts the life of the loan. That's not a reason to avoid FHA; it's a reason to treat it as a stepping stone: buy the home now, build equity and credit, then refinance into conventional and drop the insurance when the numbers work.

3.5% down — and it can be a gift

With a 580+ credit score, FHA requires just 3.5% down — and the entire amount can come from a family gift. On a $400,000 Miami home, that's $14,000 instead of $80,000.

Credit standards built for comebacks

Past credit events — collections, a bounced year, even a past bankruptcy with seasoning — don't automatically disqualify you. FHA reads the story, not just the score.

Higher debt-to-income allowances

FHA often approves debt-to-income ratios that conventional won't — critical in Miami, where prices run high relative to wages.

The MIP truth, upfront

FHA charges upfront and monthly mortgage insurance that usually lasts the loan's life at minimum down. I show you the full cost next to conventional — no surprises at the closing table.

The exit plan

FHA is a great door, not necessarily a forever home for your money. Once your equity and credit grow, we refinance to conventional and drop the MIP. I flag the moment it makes sense.

FHA 203(k) & streamline options

Renovation financing for fixer-uppers, and streamline refinances that lower your rate later with minimal paperwork — the FHA toolkit goes beyond the purchase.

Clients Who Closed

Real clients, real closings

Verified Google reviews.

S
Stella G. Google Review · Homebuyer

Excellent service from Reinier and his team. It was a smooth process from start to finish. Reinier definitely looked out for our best interest and gave us the best possible deal. Very trustworthy and an excellent communicator.

L
Luisa V. Google Review · Homebuyer

Our Loan Officer went above and beyond our expectations. His availability was top tier and we would definitely recommend him in the future to my colleagues, friends & family members.

★★★★★ Rated 5.0 on Google

Read what other clients say.

Read Client Reviews

Honest answers

FHA questions, answered

What credit score do I need for an FHA loan in Miami?

580+ for the 3.5% down payment; 500–579 may qualify with 10% down. Below-620 files get more scrutiny, but they close — the story around the score matters.

How much are FHA loan limits in Miami-Dade?

FHA limits adjust annually and vary by county; Miami-Dade's limit is set above the national floor because of local prices. Call me for the current figure and whether your target price fits.

Can my down payment be a gift?

Yes — the entire 3.5% can be gifted by a family member, documented with a gift letter. Very common for first-time Miami buyers.

Does FHA mortgage insurance ever go away?

With the minimum down payment, monthly MIP typically lasts the life of the loan. The standard strategy is to refinance into conventional once you have 20% equity — I track that moment for my clients.

Can I use FHA for a condo?

Only in FHA-approved buildings, which are limited in Miami. If your target building isn't approved, conventional or non-QM routes may work — I check before you write an offer.

¿Puedo hacer todo el proceso en español?

Sí — la consulta, los documentos y el cierre, completamente en español.

Get Started

See if FHA is your fastest path to keys.

Call, text, WhatsApp, or start the secure application — whichever feels easiest. Free consultation, no obligation, no hard credit pull to start.

Chat