5 Things Every First-Time Homebuyer in Central Florida Should Know

Buying your first home in Central Florida is exciting, and a little overwhelming. Here are five things every first-time homebuyer should know before they start.

1. You Don’t Need 20% Down

One of the biggest myths is that you need a full 20% down payment. In reality, FHA loans can go as low as 3.5% down, and conventional programs often allow 3–5%. VA loans can be zero down for eligible veterans. Down payment assistance programs may also help. The right number depends on your situation; a strategy session can clarify what you actually need.

2. Your “Real” Budget Isn’t Just the Sale Price

Your monthly payment will include principal, interest, property taxes, insurance, and possibly HOA fees. We’ll look at your income, debts, and credit to figure out a payment you’re comfortable with. Then we work backward to a price range. That way you shop with confidence.

3. Credit Isn’t Set in Stone

Your credit score affects your rate and options, but it’s not set in stone. Sometimes a few months of focused effort can improve your score and your loan terms. I can help you understand what’s on your report and what might be possible.

4. Pre-Approval Before You Shop

Getting pre-approved before you fall in love with a house is key. It shows sellers you’re serious and tells you exactly what you can afford. In Central Florida’s market, that clarity can make the difference between missing out and moving in.

5. You Don’t Have to Figure It Out Alone

The process involves a lot of steps, from loan type to closing. Working with a loan officer who explains everything in plain English and builds a clear game plan with you can take the stress out of the journey.

Ready to get your numbers on the table? Reach out for a free strategy session. No pressure. Just clarity.