First-time-buyer programs from 3% down, loan amounts up to $806,500 in Florida, and mortgage insurance you can drop at 20% equity.
Instead of guessing whether 20% down is really required, you see the real path: how little you can put down, when PMI disappears, and how conventional stacks up against FHA — all mapped out before you sign anything.
Both are popular. The right one depends on your credit, your savings, and how you plan to use the property.
Ideal for strong credit profiles
Popular with first-time buyers
Compare FHA LoansNot sure which one fits? We compare both — and more — during your pre-approval review.
In most scenarios we're paid by the lender, not by you. When borrower-paid compensation gets you a better deal, we show you both options in writing — you choose.
50+ families helped · 21-day average close
“I had a great experience working with Jexayra Rivera from Motto Mortgage on a recent transaction. She was very knowledgeable and took the time to explain every step of the process to my client from pre-approval all the way to closing. Her communication was excellent, and she made sure the buyer felt confident and informed throughout the entire process. Even after closing, she was still available to answer questions and support the client. Highly recommend working with Jexayra!”
“I’ll simply say this. Honesty, personable, reliable, respectful and overall a Family oriented experience. I had bought 3 other homes before using Jexayra and her team and never felt this way. Thank you for what you guys do and never change.”
“My husband and I are so thankful for Jexayra, she was our loan officer for both times we purchased a home. She is absolutely amazing and overall a great loan officer. She is always willing to talk through things and explain every detail if you so need it. As soon as we knew we were moving again there was no doubt that we would go to her for our next purchase. HIGHLY RECOMMEND!”
As little as 3% for qualified buyers. Putting down 20% avoids PMI, but it is not required. We will help you weigh the pros and cons based on your savings and goals.
Once your loan balance drops to 80% of the home's value, you can request to remove PMI. This happens as you make payments and your home gains equity. Compare that to FHA loans, where mortgage insurance typically stays for the life of the loan.
Conventional loans generally require higher credit scores than FHA. The exact minimum depends on the lender, down payment, and other factors. During your free planning session, we will review your credit and tell you which programs you qualify for.