Buyer notes
First-time buyers and investors buy for affordability relative to the coast. House-hackers and flippers work the older bungalow and duplex stock.
Financing in 33020
Conventional Loans
A conventional loan is a mortgage not insured by the government that follows Fannie Mae or Freddie Mac guidelines.
FHA Loans
An FHA loan is a government-insured mortgage that allows 3.5% down with a credit score of 580 or higher, or 10% down with a score from 500 to 579.
DSCR Loans
A DSCR loan is an investment-property mortgage that qualifies you on the property’s rental income divided by its monthly payment (the debt service coverage ratio).
FAQ
What is the 33020 area like?
Downtown Hollywood: the historic Hollywood Boulevard corridor, older bungalow neighborhoods and mid-century apartments. Arts, murals and a growing restaurant scene have brought steady reinvestment to the core.
Who buys in 33020?
First-time buyers and investors buy for affordability relative to the coast. House-hackers and flippers work the older bungalow and duplex stock.