Mortgage Broker in Pembroke Park, FL

Short answer

A Pembroke Park condo at the Q2 2026 median of $267,500 can be financed with an FHA loan at 3.5% down, about $9,363, because the price sits far below Broward County's $667,000 FHA limit. QMS Lending is an independent mortgage broker that compares FHA, conventional and non-QM loans for this small Broward town across 100+ lenders, in English and Spanish.

What is selling in Pembroke Park

Pembroke Park is a tiny market, and the numbers show it. In Q3 2026 the town recorded zero closed sales of single-family homes and zero of townhouses and condos, per Florida Realtors data published by MIAMI REALTORS on October 16, 2026 (as of November 2026). At the end of the quarter there were 11 condos and townhouses for sale (13.2 months of supply), 2 pending, and 2 houses listed.

The quarter before gives a better price read. In Q2 2026, 4 condos and townhouses closed at a median of $267,500, down 21.3% from a year earlier, with an average of $260,625. Only 1 of the 4 buyers paid cash, sellers got a median 95.9% of original list price, and the median time to contract was 44 days. No single-family homes closed in Q2 either.

With so few trades, one sale can move the median a lot. Your appraisal will lean on comparable sales from nearby Hallandale Beach, Hollywood and Miramar as much as on Pembroke Park itself, so we look at the comps before you set your offer.

The town covers about one square mile between Hallandale Beach and Miramar, running from Pembroke Road south to the Miami-Dade line along I-95. It had 6,260 residents at the 2020 census and uses ZIP codes 33009, 33021 and 33023. More than 700 businesses operate here, including large distribution centers, so many residents work close to home.

Mobile homes, condos and what a mortgage can finance

Almost half of Pembroke Park residents live in mobile homes, according to census-based figures, and the town says its population roughly doubles in winter when seasonal residents arrive. The 2020 census counted 3,756 housing units, 34.3% of them vacant at the time of the count, which fits a town with many seasonal owners.

That housing mix matters for financing:

• A mobile home on a rented lot in a park is usually titled and financed as personal property, not real estate. The mortgage programs on this page do not cover that kind of purchase.
• A manufactured home on land you own, permanently attached and titled as real property, can qualify for some FHA and conventional programs if it meets their rules. Tell us early if this is your case so we check eligibility before you pay for an inspection.
• Condos, townhouses and site-built houses are where most Pembroke Park mortgages happen, and they are what the numbers on this page describe.

If you are buying a condo, the lender also reviews the association. Ask for the budget, the reserve figures and any pending special assessment before you sign, and read our condo questionnaire guide.

FHA and conventional math at Pembroke Park prices

The 2026 FHA limit for a one-unit home in Broward is $667,000 and the conforming limit is $832,750 (as of November 2026). Pembroke Park prices sit far below both, so the question here is not loan size but down payment, credit and the condo building.

• FHA loan, median condo: 3.5% down on $267,500 is about $9,363, leaving a base loan of about $258,138. FHA adds a 1.75% upfront premium (about $4,517, usually financed) and an annual premium of 0.55% for most 30-year loans this size, per HUD. The condo project generally needs FHA approval or a single-unit approval.
• Conventional loan, median condo: with 5% down ($13,375) the loan is about $254,125, with private mortgage insurance until you reach 20% equity.
• Florida taxes on the loan: on a $258,138 note, documentary stamps at $0.35 per $100 come to about $904 and the intangible tax at 2 mills is about $516, both paid at closing.

Interest rates vary daily, so call for today's pricing. A pre-approval reviewed by an underwriter matters in a town where a single listing can draw several offers. Self-employed buyers can look at bank statement loans, and buyers with an ITIN instead of a Social Security number can ask about ITIN loans, subject to credit approval.

Pembroke Park property taxes

Pembroke Park levies 8.5000 mills, the same for 2025 and proposed for 2026, per the Broward County Property Appraiser and the Florida Department of Revenue. The town sits in the South Broward Hospital District (0.0805 mills) and its tax code shows no water control district.

Adding Broward County (5.6658), the school board (3.0720 plus 3.2480), Children's Services Council (0.4500), the South Florida Water Management District (0.2301 combined) and FIND (0.0270), the 2025 operating total is about 21.27 mills, roughly 2.13% of taxable value (as of November 2026). Voted debt levies and non-ad valorem fees are extra.

On a $267,500 condo that is about $5,690 a year before the homestead exemption. Budget on your price, not the seller's bill, because the Save Our Homes cap resets when the home sells. Check the exact parcel on bcpa.net.

Flood zones, insurance and condo safety rules

Broward's current FEMA flood maps took effect on July 31, 2024, so a listing's flood zone from before then may be out of date. Check the address on the FEMA Flood Map Service Center, or ask the town Building Department (754-232-1627). If the home is in a Special Flood Hazard Area, any federally backed loan requires flood insurance, and that premium counts in your debt-to-income ratio. Read what a flood zone means for your loan.

Older houses usually need a 4-point inspection for insurance, and a wind mitigation report can lower the windstorm premium.

For condo buildings three stories or taller, Florida requires milestone inspections (F.S. 553.899) and a structural integrity reserve study (F.S. 718.112). If a building has unfunded critical repairs, conventional and FHA lenders may decline it, and a non-warrantable condo loan may be the path, subject to credit approval.

Down payment help for Pembroke Park buyers

Broward County's Homebuyer Purchase Assistance program is a 0% deferred second mortgage for buyers up to 80% of area median income ($71,000 for one person, $101,400 for a family of four) on homes up to $679,324, paired with a 30-year first mortgage. The county's funding flyer updated in June 2026 lists Pembroke Park with no funds (as of November 2026). Call 954-357-4943 before you plan around it.

State help still applies. Florida Hometown Heroes pays up to 5% of the first mortgage, from $10,000 to $35,000, as a 0% deferred second mortgage for eligible first-time buyers who work full time in fields such as health care, schools, public safety and child care, plus military and veterans. It is due when you sell, refinance or move out. See our Hometown Heroes guide.

More options are on our Florida down payment assistance page and first-time buyer guide. Every program needs a lender pre-approval first and has its own price and income caps, so we fit the first mortgage to the program.

Working with QMS Lending in Pembroke Park

We shop your file across 100+ lenders, which helps in a town with few comparable sales, mixed housing types and condo buildings of different ages. One lender may pass on a building that another accepts. We work in English and Spanish, and we explain every fee on the Loan Estimate before you commit.

Already own here? Ask about a refinance or a HELOC to pull equity without touching your first mortgage. Investors buying a rental can look at DSCR loans, which are business-purpose loans.

QMS Lending is an independent mortgage broker in Miami, FL, founded in 2018, with access to 100+ lenders and a 4.9-star rating from 200+ Google reviews. Our office is at 3105 NW 107th Ave Ste 400-O6, Doral, FL 33172. Company NMLS #1781090; Michael Fernandez, President, NMLS #1491775. Call 305-425-1990 or contact us. All loans are subject to credit approval. Equal Housing Opportunity.

Down payment help for Pembroke Park buyers

• Broward County Homebuyer Purchase Assistance (HPA) 0% deferred second mortgage with a 30-year first mortgage; max price $679,324; up to 80% AMI ($71,000 one person, $101,400 family of four). The June 2026 flyer lists Pembroke Park with no funds. 954-357-4943. ↗
• Florida Hometown Heroes Up to 5% of the first mortgage ($10,000 to $35,000) as a 0%, 30-year deferred second mortgage, not forgivable; first-time, income-qualified buyers who work full time for a Florida employer in eligible jobs, plus military and veterans. Confirm funding first. ↗

Nearby cities

Hallandale BeachHollywoodMiramarPembroke PinesDania BeachMiami Gardens