Conventional Loans in Florida

Traditional agency-backed home loans for qualified borrowers.

Conventional loans — backed by Fannie Mae and Freddie Mac — are the most common mortgage type in Florida. They offer flexible terms and competitive rates for borrowers with solid credit and steady income.

Conventional loans allow down payments as low as 3% for first-time buyers and 5% for other buyers. Private mortgage insurance is required under 20% down but can be removed once you reach 80% loan-to-value.

Loan limits in most Florida counties follow the standard conforming limit, with higher limits in high-cost areas. Above that, jumbo financing takes over.

Available to qualified Florida borrowers statewide — including Tampa, St. Petersburg, Orlando, Miami, Fort Lauderdale, Jacksonville, Naples, Fort Myers, Sarasota, Gainesville, Tallahassee, and the Panhandle.

Serving all of Florida Licensed NMLS #627790 Mon–Sat, 8am–5pm EST (727) 336-0680

Highlights

As little as 3% down

HomeReady and Home Possible programs support first-time and lower-income buyers.

PMI you can remove

Unlike FHA, conventional PMI drops off once you hit 80% LTV.

Primary, second home & investment

Conventional financing works for all three occupancy types.

Competitive fixed & ARM rates

30, 25, 20, 15, and 10-year fixed plus 5/6, 7/6, 10/6 ARMs.

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Apply for your mortgage online

Start your secure online application. It takes about 15 minutes, saves as you go, and lets you upload documents right from your phone or laptop.

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Secure encrypted application About 15 minutes

Applying does not affect your credit score until you authorize a credit pull. This is not a commitment to lend.

How it works

Our four-step process

A clear, transparent path from first conversation to closing — designed to save you time and remove surprises.

1. Free discovery call

Share your goals, timeline, and situation. Peter listens first — no pressure, no cookie-cutter pitch.

2. Program shopping

We compare programs across our lender and carrier network to identify the best fit for your scenario.

3. Application & underwriting

Clean document intake, straight talk on conditions, and proactive updates so nothing stalls.

4. Close & follow-through

We coordinate closing, then stay available for future refinances, renewals, and referrals.

Why Florida clients choose Witte Mortgage

Independent Florida broker

Not tied to one bank or carrier — we shop the market so your interests come first.

Direct access to Peter

You work with a licensed professional (NMLS #627790), not a call center rep.

Statewide Florida coverage

Tampa Bay to Miami, Jacksonville to the Panhandle — we know local markets.

Transparent, honest quotes

Clear breakdowns of rate, fees, and total cost — no bait-and-switch.

Fast, responsive service

Same-day replies during business hours and evening/weekend flexibility.

Long-term relationship

Most of our business comes from repeat clients and referrals — we play the long game.

FAQs

Frequently asked questions

What credit score is needed for a conventional loan?+

620 is the typical floor; pricing improves at 680, 720, and 740+.

How is conventional PMI different from FHA MIP?+

Conventional PMI cancels at 80% LTV; FHA MIP usually lasts the life of the loan unless you put 10%+ down.

Residential Lending

Related residential lending programs

Explore other programs in this category — many clients combine or compare options before deciding.

Conventional Loans available across Florida

Peter serves clients statewide. Click any market to start a conversation about your goals.

Schedule a consultation

Ready to talk about residential lending?

Pick a time that works for you. Peter will reach out to discuss your situation and next steps.

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