Who This Guide Is For

If you’re buying your first place in Fort Lauderdale, this 2025 update breaks down down payment assistance (DPA), common loan types, credit tips, and the simple steps to go from browsing to under contract.

What You Can Use as a First‑Time Buyer

• Down Payment Assistance Local and statewide programs may offer grants or forgivable seconds to reduce upfront costs.
• FHA Popular for flexible credit and low down payment options.
• VA For eligible servicemembers/veterans—often zero down and no PMI.
• USDA For eligible areas and incomes—zero down if the property qualifies.
• Conventional 3% Down Competitive for strong credit and steady income, with potential reduced PMI.

Pro tip: You can sometimes layer DPA with FHA or Conventional—your lender will verify program rules and income limits.

Credit, Budget & Pre‑Approval (Quick Wins)

1. Pull your credit and correct errors; aim for on‑time payments and lower credit utilization.
2. Estimate your monthly comfort zone, including taxes, insurance, and HOA if any.
3. Get a fully underwritten pre‑approval—this strengthens your offer in competitive neighborhoods.

Smart Search Strategy in Fort Lauderdale

Target areas that fit your payment, commute, and lifestyle. Compare neighborhoods across Fort Lauderdale, plus nearby Oakland Park, Weston, and Pembroke Pines for value and amenities.

Offer Tactics That Help First‑Timers Win

• Include a strong pre‑approval and proof of funds for your down payment and closing costs.
• Ask about seller credits to reduce cash to close (where appropriate).
• Use inspection windows wisely; focus on essential repairs and safety items.

Ready to Start?

We’ll connect you with trusted local lenders, map out DPA options, and set up saved searches tailored to your budget.

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Talk to The Listing Team

The Listing Team at RESF
Scott Lehr, PA — Team Lead
scott@reallistingagent.com (emails to scott@scottlehrrealtor.com) • 954‑342‑6180

Published August 11, 2025 • Serving first‑time buyers across Broward County.