Summary:
Conventional mortgages are among the most widely used loan types in Florida for purchasing or refinancing primary residences, second homes, and investment properties. Unlike government-backed loans such as FHA, VA, or USDA, conventional loans are not insured by the federal government, giving borrowers more flexibility—provided they meet higher credit and income standards. In this article, Ferrari Lending explains the ins and outs of conventional mortgages exclusively for Florida homeowners, investors, and real estate buyers.
A conventional mortgage is a home loan that is not part of any government lending program. These loans are issued by private lenders and follow the guidelines set by Fannie Mae and Freddie Mac. If a loan meets the criteria of these agencies—including loan limits, credit requirements, and documentation—it’s considered a conforming conventional loan. In Florida, conventional loans are often used for both owner-occupied homes and non-owner-occupied properties such as second homes and rental investments.
At Ferrari Lending, we help Floridians qualify for and close conventional mortgages across all counties—from Miami-Dade to Palm Beach, Orlando to Tampa, and everywhere in between.
To qualify for a conventional mortgage in Florida, you’ll typically need to meet the following criteria:
Conventional mortgages in Florida are versatile. You can use them to finance:
Note: For second homes and investment properties, higher credit scores and down payments are typically required.
Conventional mortgages offer unique advantages for Floridians:
Florida’s real estate market includes coastal homes, properties in flood zones, and properties in homeowners associations (HOAs). When applying for a conventional mortgage in Florida:
Ferrari Lending will guide you through these Florida-specific conditions to ensure smooth underwriting and compliance.
As of 2025, the conforming loan limit in most parts of Florida is $766,550. However, higher limits apply in designated high-cost areas such as Monroe County (Key West). Jumbo loans—those above the conforming limit—are also available through Ferrari Lending but follow separate guidelines.
At Ferrari Lending, we are Florida-based experts in residential and investment financing. With over 15 years of mortgage experience and licensing throughout the state, we understand Florida’s unique housing market, regulatory landscape, and seasonal real estate trends.
We assist Florida clients with:
Conventional mortgages remain the go-to choice for many Florida borrowers due to their long-term savings potential, flexible property usage, and competitive terms. Whether you're purchasing a home in Boca Raton, refinancing a condo in Miami, or investing in a vacation rental near Orlando, a conventional loan can be a smart and stable financing solution.
Let Ferrari Lending help you unlock the right mortgage strategy tailored to your goals, budget, and lifestyle.
📞 Call Now: (561) 571-2552
🌐 Visit: www.FerrariLending.com
📩 Email: info@ferrarilending.com
Ready to buy, invest, or refinance in Florida? Let’s make it happen.
Let’s Unlock Your Real Estate Potential.
Whether you're an experienced investor, a first-time buyer, or looking to leverage your equity, Ferrari Lending is here to help you navigate the mortgage process with clarity, speed, and confidence.
✅ Foreign Nationals
✅ DSCR & Bank Statement Loans
✅ ITIN & No-Doc Programs
✅ VA, FHA, HELOCs & More
We specialize in customized loan solutions across Florida—and investment properties in over 45 states. Complete the form below, and let’s discuss a strategy tailored to your financial goals.
Your next move starts here.
I represent clients who authorize me to do so. I do not work for or represent the interest of any mortgage lender or other duly authorized entity to whom I may submit a mortgage application on behalf of a Client. My services are provided in a Mortgage Broker capacity and I am not authorized to approve or deny a mortgage loan request. NMLS 1691763 / NMLS 1322774