🏠 The 5 Biggest Mistakes First-Time Homebuyers Make in Florida

(And How to Avoid Them)

Buying your first home is exciting — sure, it’s exciting — until the acronyms start flying.

At Clear2Close Lending, we’ve helped first-time buyers across Florida navigate the process with confidence — and we’ve seen the same costly mistakes pop up time and again.

Here’s how to avoid them and buy smarter:

1. Thinking You Need 20% Down (and Perfect Credit)

Nope — you don’t need deep pockets or a perfect score.

Many first-time buyers assume they need a massive down payment and spotless credit to qualify. In reality, programs like FHA, HomeReady, and some conventional loans offer as little as 3% down — and you don’t need a 750 score.

➟ FHA loans allow credit scores as low as 620.

➟ We can help improve your score with a rapid credit rescore.

➟ There are 0% down options available for eligible buyers.

➟ Ask us about down payment assistance programs in Florida.

2. Underestimating Closing Costs

Closing costs in Florida typically range from 2% to 5% of the purchase price — and many buyers forget to plan for them.

➟ In many cases, we can help you get all your closing costs covered through seller credits, lender incentives, or assistance programs.

➟ We’ll review your options up front so you’re never surprised at closing.

3. Not Getting Pre-Approved First

Falling in love with a home before knowing your loan options is like putting dessert before dinner — fun, but risky.

➟ We’ll get you pre-approved quickly, so you can shop with confidence and stand out from other buyers.

4. Opening New Credit Accounts Mid-Process

It’s tempting to open a new credit card or finance a car, but doing so mid-loan can wreck your approval.

➟ Hold off on major financial moves until your mortgage is finalized.➟ We’ll help you understand what to avoid during the process.

5. Skipping the Local Experts

Online lenders may have slick websites, but they don’t know Delray from Deerfield. We do.

➟ Work with a Florida-based team who knows the market.

➟ You’ll get real answers from real people — not automated scripts.

Final Thought: Mortgage Doesn’t Have to Be Complicated

We believe in clear guidance, fast timelines, and just enough personality to keep it human.

Whether you’re buying in Boca, Broward, or beyond, we’ll help you avoid the pitfalls and get you Clear2Close.

➟ Your next move? Just reach out — we’ll handle the hard part.