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Loan Options

Low Down Payment

Don't let a large down payment hold you back. Buy your home with as little as 3% down.

Remove the Barriers

Own Your Home With Less Upfront

Saving for a down payment is one of the biggest challenges for homebuyers today — especially in South Florida's competitive market. The good news is that you don't need 20% down to buy a home. There are multiple programs that allow qualified buyers to purchase with 3% or even less.

From conventional loans with 3% down to programs with down payment assistance grants, we help you explore every option to minimize what you need at closing and get into your home sooner.

Conventional loans from 3% down

Down payment assistance programs

Gift funds accepted from family

Multiple program options available

Faster path to homeownership

Keep cash reserves for emergencies

Who Qualifies?

  • Credit score 620+ for conventional 3% down
  • Income within program limits for assistance grants
  • Primary residence requirement for most programs
  • Homebuyer education course may be required
  • First-time or repeat buyers (varies by program)
Low Down Payment
FAQ

Common Questions

What is the minimum down payment for a conventional loan?+
Conventional loans allow as little as 3% down for qualified first-time buyers and some repeat buyers. The exact minimum depends on your credit score, loan amount, and whether you're a first-time buyer.
Are there down payment assistance grants available in Florida?+
Yes! Florida offers several programs including the Florida Assist, Florida Homeownership Loan Program, and various county-level programs. These can provide up to $10,000+ in assistance that doesn't need to be repaid in many cases.
Will I pay more with a lower down payment?+
Your monthly payment will be higher due to PMI and a larger loan balance. However, the ability to own a home sooner and build equity — rather than paying rent — often makes the financial sense. We'll help you run the numbers.

Don't Wait — Buy Now With Less Down

Find out which down payment programs you qualify for today.

Get Pre-Qualified Now