If you are interested in learning about all first time home buyer programs that are currently available in Fort Lauderdale, FL, please visit programs section and provide your name and a valid email address. Make sure to check your email, which is where we will send information regarding the latest mortgage programs and qualification requirements for residents living in Fort Lauderdale, FL.
United States Department of Agriculture (USDA) started offering loans for the development of rural and suburban areas. USDA loans are no money down payment home loan programs that a lot of home buyers do not realize that they can qualify for. To be eligible for the USDA loan program the property must be in an USDA approved zone. Good news is that there are 1 homes for sale within an USDA eligible zone in Fort Lauderdale, FL. You can go see these properties with a local agent and we can help you with appointment and also get you pre-approved for USDA loan in the mean time. DIY: to explore more eligible zones in Fort Lauderdale, FL please check USDA loan maps of Fort Lauderdale, FL and get a visual idea of zoning in and around Fort Lauderdale, FL that are marked as eligible for USDA program.
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Below are recently generated USDA maps from locations within Fort Lauderdale, FL. This will help you in locating zones that are eligible for USDA home loans.
To generate USDA map for any other property use eligibility checker.
Note: All the non peach areas in the map are eligible for a USDA home loan.
Current USDA turn times in Fort Lauderdale, FL is 10-12 days.
USDA income limits depends upon the size of the family. For family with 1-4 members current income limits in Fort Lauderdale, FL $90,300/- whereas for a family with 5-8 members income limits go upto $119,200/-.
Loan closing is relative to you sending your purchase contract. From the time when we recieve purchase contact it may take approx 5-6 weeks to close a loan in Fort Lauderdale, FL.
The median price of a single family home in Fort Lauderdale, FL is $2,314,426/- having a covered area of 2,739sqft. On an average it costs about 844/sqft of living space which is 184% costlier than the state average of 297/sqft. Homes in Fort Lauderdale, FL are about 166% costlier than other areas in the state.
Currently there are 696 single family homes for sale in Fort Lauderdale, FL, of these 1 are in an USDA approved area.
USDA eligible homes in Fort Lauderdale, FL come at an average price of approxiately $4,250,000/- and have a covered area of 2,560sqft. Homes in USDA approved zone in Fort Lauderdale, FL are about 84% costlier compared to the homes in the local market. On the state average USDA homes in Fort Lauderdale, FL are about 519% costlier compared to other eligible zones.
Property summary last updated : 22 May, 2022, 10:44:07