Live Orange County pricing · updated 11/10/2026
Orlando Mortgage Rates
Today’s rates for Lake Nona, Baldwin Park and beyond, with first-time buyer and investor options, shopped across many lenders and shown with the concessions a balanced market lets you ask for.
Today’s Orlando Mortgage Rates
0.162 points
No points, no credit
0.125 points
$672 lender credit
$713 lender credit
Par rate per program for a single-family primary residence in Orange 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 Orlando scenario, no credit pull.
Orlando Mortgage Rates Today: A Balanced Market for Buyers
Orlando home prices hover around the $400,000 mark, and with roughly four months of supply the market has swung toward balance: more choice, longer days on market and room to negotiate. Demand stays strong in Downtown and Thornton Park, College Park, Baldwin Park and the master-planned communities of Lake Nona, but sellers there now compete for buyers too.
Orange County’s headline conventional rate this morning is 6.750% on a 30-year fixed, assuming a top credit tier and a fifth of the price down; FHA’s 30-year sits at 6.375%. On Mortgage compares lenders on every scenario so relocating families and first-time buyers alike lock a competitive rate.
Balance gives you leverage that a hot market does not. A seller who will not move on price may still pay closing costs or buy down your rate, and FHA lets a seller contribute up to 6% of the price. The question is how to spend that money, which is what the ladder below answers.
Spending a seller credit: an FHA rate ladder for an Orlando home
Here is today’s FHA pricing for a $400,000 Orlando purchase with 3.5% down. Each row is a different rate for the same loan: lower rates cost points, higher rates pay you a credit. If a seller agrees to contribute, you can use that money to pay points for a permanently lower rate, or simply to cover closing costs and keep cash in the bank.
| Rate on a $386,000 loan | APR | Points cost or lender credit | Payment vs. par | Points pay back in |
|---|---|---|---|---|
| 6.125% | 6.284% | You pay $3,605 | $63/mo less | 58 months |
| 6.250% | 6.380% | You pay $2,362 | $31/mo less | 76 months |
| 6.375% | 6.464% | You pay $625 | Same | Not applicable |
| 6.500% | 6.533% | You receive $1,671 | $32/mo more | Not applicable |
| 6.599% | 6.599% | You receive $3,350 | $57/mo more | Not applicable |
Orange County FHA 30-year fixed pricing for an owner-occupied home, 30-day lock, on the base loan before the 1.75% upfront premium. Monthly FHA mortgage insurance is added to every row and is not shown.
A practical rule: if you expect to keep the loan longer than the payback period, points are worth buying with someone else’s money. If rates might fall and you would refinance, cover closing costs instead, since points paid today are lost when the loan is refinanced. We run both versions before you write the counteroffer.
Investor & Short-Term Rental Financing Near the Parks
Few markets attract investors like Orlando, where proximity to the theme parks and the convention center fuels vacation-rental demand. On Mortgage offers DSCR and investment-property loans that qualify on the property’s rental income rather than your personal income, ideal for short-term rental buyers and portfolio investors. The lender divides the rent by the full monthly cost of the property; that ratio is the DSCR.
| $400,000 rental, 25% down | Amount |
|---|---|
| Loan amount | $300,000 |
| Principal and interest at an assumed 7.750% | $2,149/mo |
| Property tax, no homestead exemption | $400/mo |
| Homeowners insurance, county average | $283/mo |
| HOA dues (illustrative) | $150/mo |
| Total monthly cost (PITIA) | $2,983/mo |
| Rent needed for a 1.00 DSCR | $2,983/mo |
| Rent needed for a 1.25 DSCR | $3,728/mo |
The rate here is an assumption, set one point above today’s owner-occupied par rate because investor and DSCR loans usually price higher; your live DSCR quote depends on the ratio, credit, down payment and prepayment terms. Short-term rental income is usually counted from a rental analysis or the property’s booking history, and a dedicated STR insurance policy may cost more than the county average shown.
Location rules matter as much as numbers. Short-term rentals are allowed in some resort-zoned communities near the parks, many in neighboring Osceola County, and restricted or prohibited in much of the City of Orlando and many HOAs. Confirm the zoning and the association rules before you buy for vacation rental. We’ll structure financing around cash flow, loan-to-value and reserves so your Orlando rental pencils out. See Orlando DSCR loans for program details.
HOA & CDD Fees: Budgeting Beyond the Rate in Orlando
Many of Orlando’s newer master-planned communities, Lake Nona among them, carry HOA dues and CDD (Community Development District) assessments that lenders count toward your qualifying ratios. A CDD repays the bonds that built a community’s roads, utilities and amenities, and it is billed on your property tax statement. Combined, HOA and CDD costs can add several hundred dollars a month, which reduces the loan you qualify for just as a higher rate would.
On Mortgage builds those costs into your pre-approval so there are no surprises, and helps first-time buyers stretch FHA’s 3.5%-down option across Orange County. Older neighborhoods such as College Park and Audubon Park often have no HOA at all. See FHA loans in Orlando or reach an Orlando mortgage broker on our team.
Orlando refinance rates today
$1,063 lender credit
0.125 points
0.162 points
$672 lender credit
0.019 points
Rate-and-term refinance pricing for an Orange County single-family primary residence with 20% equity and excellent credit. FHA streamline, cash-out and investment refinances price differently. Price your own Orlando scenario, no credit pull.
Refinancing in Orlando
Many Orlando owners bought new construction in recent years through a builder’s lender, and many first-time buyers used FHA. Both groups have useful refinance options: an FHA streamline when rates fall, or a conventional refinance once equity reaches 20% to drop FHA mortgage insurance. Investors can refinance a rental into a DSCR loan to pull equity for the next purchase. Our refinance calculator shows the payback month for each, and the refinance page lists program rules.
Orlando homeowners insurance and property taxes
Orange County’s average homeowners premium is close to the Florida average and well below South Florida, and the county’s tax rate is moderate. Homes inside Orlando city limits add the city levy, and newer communities may add CDD assessments. Here is a homesteaded single-family estimate at the median.
Sources: Florida county homeowners insurance premiums (worthinsurance.com) and county total millage (movewithmomentum.com), updated October 2026. Your own premium depends on the home’s age, roof, construction and wind mitigation features, and flood coverage is a separate policy. Property tax and homeowners insurance are estimates (1.2% and 0.85% of the home’s value per year). Your actual taxes and insurance premium depend on the property, exemptions and the policy you choose, and will be confirmed on your Loan Estimate. Run your own numbers.
Neighborhoods we serve
Downtown, Thornton Park and Lake Eola
Condos, townhomes and historic homes within walking distance of downtown, where condo approval and HOA budgets matter.
College Park and Audubon Park
Brick streets, bungalows and mid-century homes, often without an HOA, popular with first-time and move-up buyers.
Baldwin Park and Winter Park
Higher-priced neighborhoods with lakes and walkable town centers, where jumbo loans are common.
Lake Nona and the southeast
Master-planned communities near the medical city and airport, with new construction, HOA dues and CDD assessments.
Our Reviews
What Florida borrowers say after closing with On Mortgage. Five stars on Google (130 reviews) and Zillow (92 reviews).
“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.”
“I had an amazing experience working with Ms. Caroline Da Silva throughout my entire home-buying process. From day one, she was professional, knowledgeable, responsive, and always there whenever I had questions. She kept me updated every step of the way and made everything easy to understand.”
“Caroline was great. Always responsive and available whenever I needed assistance or had questions. 10/10 would recommend to any veteran or anyone for that matter.”
Orlando Mortgage Rates: Frequently Asked Questions
What are today's Orlando mortgage rates?
Live Orlando rates appear at the top of this page and refresh from our lenders’ rate sheets. Your rate is based on your loan amount, loan-to-value and credit score. Orlando’s balanced market also gives buyers more room than in recent years to negotiate seller credits that lower the rate or closing costs.
Can I finance an investment or short-term rental in Orlando?
Yes. Near the theme parks, vacation-rental demand is strong. On Mortgage offers DSCR and investment-property loans that qualify on the property’s rental income rather than your personal income. Check local zoning and HOA rules first, since short-term rentals are restricted in many Orlando neighborhoods.
What are CDD and HOA fees, and do they affect my loan?
HOA dues pay for a community’s upkeep and amenities, while CDD assessments repay bonds that financed its infrastructure and appear on the tax bill. Lenders count both toward your qualifying ratios. We build these into your pre-approval so your budget holds up.
Is Orlando good for first-time buyers?
Yes. FHA’s 3.5%-down option works well at Orlando’s price point, seller credits are easier to negotiate in a balanced market, and we can pair FHA with assistance programs available in Orange County when you qualify.
Which Orlando areas do you serve?
All of them, from Downtown and Thornton Park to College Park, Baldwin Park, Winter Park, Dr. Phillips and the master-planned communities of Lake Nona, plus the rest of Orange, Seminole and Osceola counties.
More for Orlando borrowers
Nearby in Central Florida
Get your Orlando rate quote
First home, new construction or a rental near the parks, On Mortgage will price your Orlando loan across many lenders and show how to use any seller credit to your advantage. Call or start a quote today.