FHA Loans in Broward County, FL
Broward County is one of Florida’s most competitive housing markets, stretching from Fort Lauderdale to Miramar, Pembroke Pines, and Coral Springs. FHA loans help first-time buyers enter this market with as little as 3.5% down. Dynamic Funding Solutions is a licensed Florida mortgage broker serving Broward County buyers.
FHA Loan Limits in Broward County 2024/2025
Broward County is part of the Miami-Fort Lauderdale-West Palm Beach MSA, which carries higher FHA limits than most of the country due to South Florida home prices:
- Single family: $621,000
- Duplex: $795,000
- Triplex: $960,950
- 4-unit: $1,194,250
Broward County has higher FHA limits than much of the country due to South Florida home prices.
FHA Loan Requirements in Florida
- 3.5% down with 580+ credit score
- 10% down if credit score is 500 to 579
- DTI up to 56.9% with compensating factors
- Primary residence only
- 2-year employment history
- FHA appraisal required
Down Payment Assistance for Broward County Buyers
- Florida Assist (FL Assist), 0% interest second mortgage from Florida Housing Finance Corporation
- Hometown Heroes, up to $35,000 for qualifying professions (healthcare, educators, law enforcement, first responders, military)
- Broward County Housing Finance Authority, local programs for income-qualified buyers
- SHIP (State Housing Initiatives Partnership), administered county-by-county in Florida
Broward County FHA Markets
- Fort Lauderdale, urban condos and older single-family; check condo FHA approval status before making offer
- Pembroke Pines, suburban neighborhoods, FHA-friendly price range
- Miramar, diverse, growing market; ITIN mortgage also common here
- Coral Springs, family-oriented, higher price range; FHA limits still apply
- Davie, Weston, Hollywood, varied markets, all within FHA limit
FHA Condo Loans in Broward County
Florida has many condo projects, not all are FHA-approved.
- Check HUD’s FHA condo approval list before signing a purchase agreement
- Non-warrantable condos require Non-QM financing (we offer both)
FAQ, FHA Loans Broward County FL
Q: What is the FHA loan limit for Broward County?
A: For 2024/2025, the FHA single-family limit in Broward County is $621,000, reflecting South Florida’s higher home prices. This is significantly above the national FHA baseline.
Q: Can I get FHA financing for a condo in Fort Lauderdale?
A: Yes, if the condo complex is on HUD’s FHA-approved list. Many Fort Lauderdale condo buildings are approved; some are not. Always verify approval status before writing a purchase offer.
Q: Does Dynamic Funding Solutions offer FHA loans throughout Broward County?
A: Yes. We originate FHA loans statewide in Florida, including all Broward County cities and communities.
First-time buyer in Broward County? Call (215) 364-7171 or contact Dynamic Funding Solutions online. We are licensed across Florida.
Dynamic Funding Solutions, Inc. NMLS #17144 | Lena Polnet NMLS #17225 | Licensed Mortgage Broker | Florida and Pennsylvania. This is not a commitment to lend. Loan approval is subject to credit approval and program guidelines.