FHA loans remain one of the most accessible paths to homeownership in Orlando — 3.5% down, credit scores as low as 580, and more forgiving guidelines for past credit events than most conventional programs.
FHA loans are insured by the Federal Housing Administration, which allows lenders to offer more flexible qualifying guidelines — lower credit score minimums, higher allowable debt-to-income ratios, and a smaller down payment — in exchange for the borrower paying mortgage insurance. They're especially popular with first-time buyers who haven't yet built a long credit history or large savings.
FHA loan limits are set annually by county and can change, so we confirm the current Orange, Seminole, Osceola, or Lake County limit for your specific purchase rather than quoting a number that may be out of date. FHA also allows the whole down payment to come from a gift or an approved down payment assistance program, which pairs well with programs like Florida Hometown Heroes for eligible workforce buyers.
Areas commonly served: Orlando, Kissimmee, Apopka, Ocoee, Sanford, Winter Garden, and surrounding Central Florida communities. Down payment, rate, and documentation requirements vary by program and borrower — talk to a loan officer for current terms on your scenario.
FHA guidelines allow credit scores as low as 580 with 3.5% down, and some lenders will go lower with a larger down payment. Guidelines vary by lender on top of FHA's minimums.
FHA loan limits are set annually per county and change over time, so we always confirm the current limit for Orange, Seminole, Osceola, or Lake County against your purchase price rather than relying on a number that may be outdated.
Yes, FHA loans commonly pair with down payment assistance programs, including Florida's Hometown Heroes program for eligible workforce buyers — see our Orlando down payment assistance page for details.
No. FHA loans are available to repeat buyers too, though most borrowers can only have one FHA loan at a time on an owner-occupied property.
No obligation, no hard credit pull required for an initial conversation.
Talk to a Loan OfficerIcon Mortgage Group, powered by Mpire Financial Group LLC · NMLS# 2108504. Equal Housing Lender. This is not a commitment to lend. All loans subject to credit approval. Programs and terms vary by state and property.