🏡 Florida First-Time Homebuyer Guide
Low & No Money Down Edition
Presented by Darron Burow, REALTOR®
Florida Homes Realty and Mortgage • 321-914-2347 • www.darronburow.com
👋 Welcome!
Buying your first home can feel like a big step — especially when you’re wondering how much cash you need to save. The good news? You don’t need 20% down. In fact, you may be able to buy a home in Florida with little or even no money down, and in many cases, with help covering your closing costs.
This guide will walk you through:
- Florida-based loan programs and grants
- How to potentially buy with no money out of pocket
- The real numbers behind owning vs. renting
- What to expect — and how I’ll help you every step of the way
💡 Can I Really Afford to Buy a Home?
Here’s the truth:
If you can afford your rent, you can likely afford a mortgage.
In fact, buying a home with a fixed-rate loan locks in your monthly payment, while rent continues to go up year after year.
💰 Low & No Down Payment Loan Options in Florida
- FHA Loan – 3.5% down, flexible credit
- VA Loan – 0% down (for veterans, military, and some spouses)
- USDA Loan – 0% down in eligible areas
- Conventional 97 Loan – 3% down, low PMI
💡 Bonus: Many of these programs allow gift funds or work hand-in-hand with down payment assistance.
🎁 Florida Down Payment Assistance
✅ Florida Hometown Heroes (Up to $35,000)
- For teachers, nurses, law enforcement, military, and over 100 other professions
- Full-time employment with a Florida-based employer required
- Forgiven after 5 years in the home
✅ Florida Assist (Up to $10,000)
- 0% interest second mortgage
- Repaid only when you move, refinance, or sell
🔑 Seller-Paid Closing Costs: A Powerful Advantage
If saving for closing costs is holding you back — here’s the good news:
➡️ It is completely possible to ask the seller to cover part (or even all) of your closing costs.
When we negotiate your offer, I can help structure it in a way that reduces your cash due at closing — often to just the down payment, or even less if paired with assistance programs.
📌 Imagine: With the right structure, you could get into your new home with only a few thousand dollars — or less.
🛠️ What You’ll Need to Get Started
- Recent pay stubs and W-2s
- Tax returns from the last 2 years
- Bank statements
- Valid photo ID
- A great real estate agent (✅ that’s me!)
🤝 I’m With You Every Step of the Way
This isn’t just a download and “good luck” — once you grab this guide:
➡️ I will personally follow up with you to answer any questions you may have
➡️ You’ll get direct access to trusted lenders, including those who specialize in low/no money down options
➡️ I’ll help you understand what you actually qualify for — with no pressure or obligation
This is a real conversation — not a sales pitch.
📍 Local Expertise Matters
As a Florida-based agent, I know which neighborhoods qualify for certain programs, which price ranges work for Hometown Heroes, and which lenders go the extra mile for first-time buyers.
Whether you’re buying in:
- Satellite Beach
- Melbourne
- Brevard County
- Or anywhere along the Space Coast
I’ll help you make smart, informed decisions.
📞 Ready to See What You Qualify For?
You might be much closer than you think — and the first step is simple. I’ll be reaching out to you soon to answer your questions. Reach out to me now
📲 Call/Text Darron Burow at 321-914-2347
💬 Or email: [email protected]
Stop paying your landlord’s mortgage.
Let’s explore how to make homeownership happen — without draining your savings.