Mortgage Broker in Miami, FL – Home Loans for Every Buyer

FHA Loans Miami

The Miami housing market has seen robust demand, with the median home value standing at approximately $564,100. For buyers who haven't saved a 20% down payment, an FHA loan can be a smart path forward. The 2025 FHA loan limit for Miami-Dade County is $654,350 for a single-unit home — meaningfully higher than Florida's baseline limit, which reflects the county's elevated home values. FHA loans typically allow down payments as low as 3.5% and may be available to buyers with a range of credit profiles. If you're purchasing in areas like Kendall, Doral, or Hialeah, an FHA loan in Miami may be a strong fit.

Jumbo Mortgages Miami

The conforming loan limit for Miami-Dade County in 2025 follows the national baseline of $806,500 — any loan amount above that threshold is considered a jumbo loan, requiring different underwriting standards and lender guidelines. Luxury condos in Brickell, waterfront estates in Coral Gables, and single-family homes in Miami Beach routinely exceed this threshold. A $1.2 million home purchased with 20% down results in a $960,000 loan — well into jumbo territory. John works with investors and move-up buyers who need flexible jumbo solutions tailored to high-value South Florida properties.

Foreign National Mortgage Miami

Miami is a global city, and a significant share of its real estate is purchased by buyers from Latin America, Europe, and Canada. Foreign national mortgages are available to non-U.S. citizens and non-permanent residents purchasing property in Miami — commonly as a primary residence, vacation home, or investment condo. These loans typically require a larger down payment than conventional financing, and lenders generally use alternative income documentation in lieu of U.S. tax returns. If you're purchasing in Edgewater, Sunny Isles Beach, or Surfside and hold a non-U.S. passport, a foreign national mortgage in Miami may be the right solution. Contact John for program details specific to your country of residence and visa status.

Miami-Dade Down Payment Assistance

Saving a down payment in this market is no small feat — but help is available. Miami-Dade County offers a deferred-payment loan of up to $35,000 for income-eligible first-time homebuyers purchasing within the county. The loan carries 0% interest and requires no monthly payments for up to 30 years, with the full balance due on sale, transfer of title, refinance, or death of the borrower.

Florida's statewide programs can also help. The State Housing Initiatives Partnership (SHIP) Program provides up to $25,000 in down payment and closing cost assistance through zero-interest assistance for homebuyers in select Florida counties. Income limits and property eligibility apply to all programs. John can help you determine which Miami-Dade down payment assistance program you may qualify for before you apply.

DSCR Loans for Miami Investors

Miami's rental market — from short-term Airbnb units in South Beach to long-term rentals in Little Havana and Allapattah — attracts real estate investors from around the world. A Debt Service Coverage Ratio (DSCR) loan qualifies the property on its rental income rather than your personal W-2 or tax return, making it an ideal tool for self-employed buyers and portfolio investors. No personal income verification is required; instead, the property's projected or actual rent is compared to the monthly loan payment.

Conventional Loans & Refinancing

For buyers with strong credit and stable employment, conventional financing often offers the most flexibility — including options with as little as 3–5% down. If you already own a home in Miami, refinancing may allow you to lower your monthly payment, tap equity, or switch from an adjustable to a fixed rate. Whether rates shift in your favor or your home has appreciated, a refinance review costs you nothing.