FHA loans in Melbourne, Florida

FHA loans in Melbourne, Florida

Melbourne anchors the Space Coast's aerospace, defense, and tech economy, home to major employers and a charming historic downtown alongside newer communities like Suntree. That base of stable, well-paying jobs plus an affordable market makes Melbourne a strong FHA city — the statewide loan limit covers the typical home, and 3.5% down works for first-time buyers and relocating professionals alike.

What the FHA limit means in Melbourne

With the 2026 FHA limit of $541,287 and FHA's 3.5% minimum down, you can finance a Melbourne home priced up to roughly $560,000 (your loan covers the price minus your down payment). In Melbourne's affordable market, that covers the large majority of homes for sale. A few Florida counties are set higher, so confirm Brevard County's exact figure with HUD.

Down payment help for Melbourne buyers

You don't have to cover the down payment alone. FHA allows gift funds, sellers can contribute up to 6% toward closing costs, and Melbourne buyers can often pair FHA with assistance from the Florida Housing Finance Corporation and Brevard County's local SHIP-funded programs. Funding and eligibility change frequently, so we'll help you confirm what's currently available — see our FHA down payment assistance guide.

Neighborhoods we serve in Melbourne

We help buyers throughout Melbourne and Brevard County, including Downtown Melbourne, Suntree, and West Melbourne. Wherever you're looking, we'll explain your FHA loan limit, rate, and monthly payment — and get you pre-approved fast.