Mortgage Lender in West Melbourne, 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 on a conventional loan, and FHA requires 3.5%. On a $400,000 West Melbourne home that’s a range of $0 to about $14,000 — not the 20% many buyers assume. See the full down-payment breakdown →

West Melbourne 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 West Melbourne home sits well under all of these. Full 2026 Brevard limits →

Yes. L3Harris, Northrop Grumman and the contractors around Melbourne Orlando International keep bringing engineers and their families into the area, and West Melbourne is where many of them buy. We work with relocating buyers year round — including buyers moving from out of state and those with non-traditional compensation — and we will tell you up front what documentation your file will need. Space Coast relocation guide →

The newer subdivisions off Minton Road and Norfolk Parkway offer the latest builds with HOA structures and community amenities. The established streets closer to Palm Bay Road trade newness for bigger trees and shorter commutes. June Park, just outside the city limits, adds larger lots and a quieter pace. The right answer depends on budget and what you want out of the lot — we talk through it on every pre-approval call. Compare Brevard’s best areas →

For eligible veterans and service members, almost always — $0 down at full entitlement and no monthly mortgage insurance at any down payment. Most non-exempt borrowers pay a one-time funding fee, which can be financed. We pull most Certificates of Eligibility in minutes and underwrite VA files in-house. How to qualify for a VA loan in Florida →

Yes — rate-and-term refinances, cash-out refinances up to program limits, and VA IRRRL streamlines are all handled with in-house underwriting. We’ll show you the break-even math so you can decide with real numbers, including the case where the answer is to stay put. Explore refinance options →

Yes — new builds are a big part of this market and we finance them regularly. That includes comparing a builder’s preferred-lender incentive against our numbers side by side, so you can see which deal actually wins once rate, fees and credits are all on the table. Qualification works the same as any purchase; the timeline just follows the build.

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 mortgage insurance if the loan carries it, and any HOA dues where they apply. On a West Melbourne home the taxes, insurance and any HOA piece is often the difference between a payment that works and one that does not, which is why we build the full number into your pre-approval rather than quoting principal and interest alone.