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Boynton Beach FHA Home Loan
FHA loans for Boynton Beach houses, townhomes and condos, including how to find FHA-approved condos in Palm Beach County and what to do when the one you love is not on the list.
We specialize in Boynton Beach FHA home financing.
Boynton Beach offers a wide range of FHA-friendly housing: older single-family homes in the Heart of Boynton, condos and townhomes near the Intracoastal and in mixed-use communities like Renaissance Commons, and large age-restricted and family communities to the west. With a median near $420,000, much of it falls comfortably under the Palm Beach County FHA limit.
Condos are where most Boynton FHA questions start. On Mortgage checks building approval, compares FHA lenders and estimates the full payment with dues and insurance. See every program on our Boynton Beach mortgage rates page, or reach the Boynton Beach mortgage broker team.
Today’s Boynton Beach FHA Mortgage Rate
$64 lender credit
No points, no credit
0.250 points
0.292 points
0.410 points
Par rate per program for a single-family primary residence in Palm Beach County, 20% down, 780+ credit, 30-day lock, escrows included. Rates change through the day and are not a commitment to lend. Price your own Boynton Beach scenario, no credit pull.
Boynton Beach FHA Loan Benefits: Affordable Homeownership Starts Here
FHA’s core benefits apply across Boynton: 3.5% down with a 580 credit score, gift funds for the whole down payment, seller contributions up to 6% of the price, and debt-to-income flexibility for Palm Beach County’s insurance costs. In a market where homes have averaged about 93 days to sell, that seller contribution is often within reach.
For condo buyers, FHA has one extra requirement: the condominium project must be approved by HUD, or the individual unit must qualify for single-unit approval. Single-family homes and fee-simple townhomes do not need project approval at all.
Boynton Beach FHA Loans for First-Time Homebuyers
Many first-time buyers here start with a condo. Before touring, it helps to know how to read HUD’s FHA-approved condominium list, which you can search by state and county, including Palm Beach County. Each project shows a status and dates:
| Status on HUD’s list | What it means for an FHA buyer |
|---|---|
| Approved | FHA loans can be made in the project until the expiration date shown. Check that the date is not close to passing before your closing. |
| Expired | Approval lapsed, often because the association did not recertify. A unit may still qualify individually, or the association can reapply. |
| Withdrawn | The association or lender withdrew the approval. Single-unit approval may or may not be possible. |
| Rejected | The project did not meet FHA requirements when reviewed. Conventional or portfolio financing is usually the path. |
| Not listed | The project never applied. If it meets HUD’s standards, single-unit approval can work. |
Approvals generally last three years. Building names on the list do not always match the marketing name, so search by street or ZIP as well. We run the lookup and verify the details with the association before you make an offer.
On Mortgage: Your Boynton Beach FHA Loan Expert
From the oceanfront district to the inland Heart of Boynton, we know Boynton’s schools, neighborhoods and condo landscape. For a building that is not approved, we look at single-unit approval: the project must be complete, have at least half its units owner-occupied in most cases, keep FHA loans to a limited share of units, carry the right insurance and not be in serious financial trouble. Many well-run older buildings meet those tests.
FHA mortgage insurance on a $340,000 Boynton condo:
| $340,000 purchase | Base loan | Upfront MIP (1.75%, financed) | Monthly MIP | How long MIP lasts |
|---|---|---|---|---|
| 3.5% down | $328,100 | $5,742 | $150 (0.55% a year) | Life of the loan |
| 5% down | $323,000 | $5,653 | $135 (0.50% a year) | Life of the loan |
| 10% down | $306,000 | $5,355 | $128 (0.50% a year) | 11 years |
Mortgage insurance on a typical Boynton condo purchase.
2026 Boynton Beach FHA Loan Limits
Boynton Beach uses Palm Beach County’s FHA limits, which are among the highest in Florida. The two- to four-unit limits let a buyer who lives in one unit finance a small multifamily property, with rent from the other units helping qualify.
| Palm Beach County, 2026 | FHA loan limit | Highest price at 3.5% down |
|---|---|---|
| Single-family, condo or townhome | $667,000 | $691,100 |
| Two-unit | $853,900 | $884,800 |
| Three-unit | $1,032,150 | $1,069,500 |
| Four-unit | $1,282,700 | $1,329,200 |
Palm Beach County FHA limits for 2026, by unit count.
FHA Condo and Single-Family Loans
In Boynton Beach, FHA supports both condo units and single-family homes with a 3.5% down payment. Condo buyers look at communities near the Intracoastal and Renaissance Commons; single-family buyers often focus on the Heart of Boynton and the neighborhoods west of I-95. Age-restricted communities such as Leisureville can use FHA where the property and association meet FHA standards.
On older homes, FHA appraisals check the roof, electrical and plumbing. A new roof also helps with Palm Beach County insurance, which FHA counts in your payment.
Market Snapshot
Boynton Beach’s median sale sat near $420,000 in mid-2026, and homes typically sold in about 93 days, an accessible market for FHA buyers. On Mortgage compares FHA and conventional options for each Boynton purchase, including whether a condo’s approval status favors one loan over the other.
Why Choose On Mortgage for Your Boynton Beach FHA Loan
Local expertise, tailored strategies and smooth financing for Boynton Beach families and first-time buyers.
Condo lookups
HUD status and expiration checked for any building.
Single-unit approval
A path for good buildings that never applied.
Full payment estimates
Dues and insurance included from the start.
Frequently Asked Questions: FHA Loans
How do I find FHA-approved condos in Palm Beach County?
HUD publishes a searchable list of approved condominium projects that you can filter by state and county. Check each building’s status and expiration date, and search by address as well as name. We can run the search and confirm details with the association for you.
What if the Boynton condo I want is not FHA approved?
It may still qualify through single-unit approval if the building meets HUD’s standards for owner occupancy, FHA concentration, insurance and finances. If not, a conventional loan may work.
How long does FHA condo approval last?
Generally three years, after which the association must recertify. An approval that expires before your closing date can delay or derail an FHA purchase, so we check the date early.
What are the 2026 FHA limits in Boynton Beach?
Palm Beach County’s limits are $667,000 for one unit and $853,900 for two units, with higher limits for three and four.
Can I use FHA in a 55-plus community in Boynton?
Yes, where the community meets FHA requirements. Age restrictions apply to residents, not to FHA eligibility.
Our Reviews
What Florida borrowers say after closing with On Mortgage. Five stars on Google (130 reviews) and Zillow (92 reviews).
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“We cannot say enough amazing things about Caroline! As a first-time homebuyer, this was such a huge and exciting milestone for us, and we’re so grateful that we had her by our side throughout the entire process. Caroline was incredibly knowledgeable, patient, responsive, and supportive from beginning to end.”
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