FHA Loan Palm Beach County FL — First-Time Buyer Programs

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Dynamic Funding Solutions

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Dynamic Funding Solutions
NMLS #17144 | Lena Polnet NMLS #17225
Licensed in Pennsylvania & Florida
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FHA Loans in Palm Beach County, FL

FHA loans are the most common path to homeownership for first-time buyers in Palm Beach County. With down payments as low as 3.5% and flexible credit guidelines, FHA opens the door when conventional financing won’t. Dynamic Funding Solutions is a licensed Florida mortgage broker serving Palm Beach County buyers.

FHA Loan Requirements in Florida

  • 3.5% down payment with 580+ credit score
  • 10% down if credit score is 500–579
  • Debt-to-income ratio up to 56.9% with compensating factors
  • 2 years employment history (gaps allowed with documentation)
  • Primary residence only (not investment properties)
  • FHA-appraised property required

FHA Loan Limits in Palm Beach County 2024/2025

  • Single family: $524,225
  • Duplex: $671,200
  • Triplex: $811,275
  • 4-unit: $1,008,300

FHA loan limits adjust annually — contact us for current limits.

Down Payment Assistance for FHA Buyers in Palm Beach County

  • Florida Assist (FL Assist) — 0% interest second mortgage from Florida Housing Finance Corporation
  • Hometown Heroes — up to $35,000 for qualifying professions (educators, healthcare, first responders, law enforcement)
  • Palm Beach County Housing Authority programs — income-restricted grants and forgivable loans

FHA vs. Conventional in Palm Beach County — Which Is Better?

  • FHA: Better for 580–680 credit range; lower down payment; more lenient on DTI
  • Conventional: Better for 700+ credit; no upfront MIP; lower monthly MIP at higher equity
  • Most buyers with 620+ and 5% down should compare both programs





Entity Type Wikidata
FHA (Federal Housing Administration) GovernmentAgency Q1193336
Palm Beach County AdministrativeArea Q156579
Florida Housing Finance Corporation FinancialOrganization —
Mortgage Insurance Premium FinancialProduct —

FAQ — FHA Loans Palm Beach County

What is the FHA loan limit for Palm Beach County?
For 2024/2025, the FHA single-family limit in Palm Beach County is $524,225. For multi-unit properties, limits are higher.

Can I use FHA if I am not a first-time buyer?
Yes. FHA loans are available to any buyer purchasing a primary residence, not just first-time buyers. There is no requirement that you have never owned a home before.

Is mortgage insurance required on FHA loans?
Yes. FHA loans require an upfront mortgage insurance premium (1.75% of the loan) and an annual premium (.55% for most 30-year loans). It stays for the life of the loan if you put less than 10% down.

Contact Dynamic Funding Solutions at (215) 364-7171 or visit us online. We serve Palm Beach County buyers from West Palm Beach to Boca Raton to Delray Beach.

Dynamic Funding Solutions, Inc. — NMLS #17144 | Lena Polnet — NMLS #17225 | Licensed in Pennsylvania and Florida | Equal Housing Lender

Ready to Stop Renting and Start Owning?

You don’t have to fit the conventional mold. Lena Polnet has helped self-employed buyers, investors, and complex-income borrowers qualify in Pennsylvania and Florida for over 25 years.

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📞 (215) 364-7171 — Pennsylvania 📞 (561) 247-4888 — Florida

Dynamic Funding Solutions • NMLS #17144 • Lena Polnet NMLS #17225 • Licensed in Pennsylvania & Florida • Not a commitment to lend.

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