Mortgage Lender in Palm Bay, FL

Often far less than you think. Eligible veterans can buy with $0 down on a VA loan, qualified first-time buyers can put 3% down conventional, and FHA requires 3.5%. On a $350,000 Palm Bay home that’s a range of $0 to about $12,250 — not the 20% many buyers assume. See the full down-payment breakdown →

Palm Bay follows Brevard County’s limits: the 2026 conforming limit is $832,750 and the FHA single-family limit is $541,287. VA loans have no set limit for borrowers with full entitlement. Nearly every home in Palm Bay fits comfortably inside these numbers. Full 2026 Brevard limits →

For eligible veterans and service members, almost always — $0 down and no monthly mortgage insurance, in a city with one of the Space Coast’s largest veteran communities. We pull most Certificates of Eligibility in minutes and underwrite VA files in-house. VA lending in Palm Bay →

The northeast’s established Port Malabar streets and canal-front lots, the master-planned Bayside Lakes community in the southeast, and the fast-growing new-construction corridor along the St. Johns Heritage Parkway in the southwest. The right answer depends on commute, budget, and whether you want new or established — we talk through it on every pre-approval call. Compare Brevard’s best areas →

Yes — rate-and-term refinances, cash-out refinances up to program limits, and VA IRRRL streamlines are all done with in-house underwriting. We’ll show you the break-even math so you can decide with real numbers, not a sales pitch. Explore refinance options →

Because underwriting happens in our Melbourne office, well-prepared purchases regularly close in about 30 days — and questions that stall other lenders for days get answered quickly. How long closing really takes →

Some Palm Bay properties sit in a FEMA-designated flood zone — canal-front lots and low-lying parcels most often. Where the property is in one, the lender requires flood insurance, and that premium counts toward your qualifying ratios just like taxes and homeowners insurance. We run the flood determination early rather than at underwriting, because it can change what a given house costs you every month.

Insurance has become one of the biggest variables in a Florida mortgage payment, and it affects what you qualify for, because the premium counts toward your debt-to-income ratio. Roof age is often the deciding factor in both price and availability. We ask for a quote early rather than at the end, so the number in your pre-approval is the number you actually close with.

There is no single cutoff. VA and FHA guidelines are generally more flexible than conventional, and compensating factors such as reserves, job stability and a lower debt-to-income ratio can matter as much as the score itself. We look at the whole file, and if the score is the one thing standing in the way, we will tell you specifically what to work on.

Property taxes and homeowners insurance are escrowed and collected with the payment, so they are part of what you qualify for rather than a separate bill. Add flood insurance where the property requires it, mortgage insurance if the loan carries it, and any HOA dues that apply. We build the full number into your pre-approval rather than quoting principal and interest alone.