First time buyers
First Time Home Buyer Programs in SWFL Florida & North Carolina
Buying your first home should not feel like a guessing game. V&M Mortgage Group with SecurityNational Mortgage Company helps first time buyers across Southwest Florida and North Carolina compare low down payment loan programs, understand the real monthly cost, and get pre-qualified — in English or Spanish.
Loan programs for first time buyers
FHA loans
3.5% down, flexible credit guidelines and gift funds allowed — the most common path for first time buyers in Lee and Collier County.
Conventional 3% down
Low down payment conventional financing built for first time buyers, with reduced mortgage insurance for qualified income levels.
VA loans
No down payment and no monthly mortgage insurance for eligible veterans, active duty service members and surviving spouses.
USDA loans
No down payment in eligible areas outside city limits — common in parts of Lehigh Acres, Alva, Immokalee and much of rural North Carolina.
Down payment assistance
Florida Housing and NC Housing Finance Agency programs can pair with your loan to help cover the down payment and closing costs.
New construction financing
Builder-friendly financing and extended rate locks for first time buyers purchasing a newly built home.
How the process works
- 1. Free review. We look at income, credit and savings and tell you what you can comfortably afford — before you tour homes.
- 2. Pre-qualification letter. Usually the same day, so your offer is taken seriously by sellers and builders.
- 3. Program comparison. Side-by-side monthly payments for FHA, conventional, VA or USDA, plus any assistance you qualify for.
- 4. Closing. One local team answering your calls from contract to keys.
Where we lend
Licensed in Florida (FL LO5821) and North Carolina (NC I-228229), serving first time buyers in:
- Fort Myers, FL
- Cape Coral, FL
- Naples, FL
- Bonita Springs, FL
- Estero, FL
- Lehigh Acres, FL
- Charlotte, NC
- Raleigh, NC
- Asheville, NC
- Wilmington, NC
Common questions
How much do I need for a down payment?
As little as 0% with a VA or USDA loan, 3% with certain conventional first time buyer programs, or 3.5% with FHA. Gift funds and approved assistance programs can cover part or all of it.
What credit score do I need?
It depends on the program — FHA is often available with lower scores than conventional. We review your credit at no cost and give you a clear plan before you apply.
Can you help me in Spanish?
Yes. Our Fort Myers team works with buyers in both English and Spanish from the first call through closing.
Ready to see what you qualify for?
Start your application any time, or visit our office at 8191 College Pkwy Suite 302, Fort Myers, FL 33919.