FHA VS Conventional loan in Merritt-Island, Brevard County, Florida
In 2024, Convetional loan limit in Merritt-Island, county of Brevard, FL is $647,200 while FHA limit is $420,680 for a single-family home.
Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in FL is best for your particular financial situation.
2024 loan limits and downpayment requirments in Merritt-Island, county of Brevard, FL
Loan Type
Loan Limit
Down payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
The comparison table applies to zip codes: 32952, 32953, 32954
Conventional and FHA loan options in Merritt-Island, FL
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