Mortgage Broker in West Park, FL

Short answer

The median house in West Park sold for $430,000 in Q3 2026, so an FHA buyer needs about $15,050 down (3.5%), and the loan fits easily under Broward's $667,000 FHA limit. QMS Lending is an independent mortgage broker that helps West Park first-time buyers compare FHA, conventional and down payment assistance options across 100+ lenders.

What homes cost in West Park

West Park is one of the more affordable single-family markets in south Broward. The City recorded 34 single-family sales in Q3 2026 at a median of $430,000, unchanged from a year earlier, and an average of $431,409, per Florida Realtors data published by MIAMI REALTORS (as of November 2026). The Broward County single-family median was $645,000.

Homes move quickly. Sellers received 99.1% of original list price, the median home went under contract in 23 days, and there were 48 active listings with 4.1 months of supply. New pending sales rose 16.7% from a year earlier.

Most buyers finance: only 3 of the 34 sales were cash. That is good news for FHA and first-time buyers, because you are mostly competing with other financed offers, not investors with cash.

The condo market is tiny. One townhouse or condo sold in Q3 2026, at $305,000, and no units were listed at the end of the quarter.

About West Park

West Park became a city on March 1, 2005, joining four established neighborhoods: Carver Ranches, Lake Forest, Miami Gardens and Utopia. It covers about 2.26 square miles between Hollywood to the north, Miramar to the west, Pembroke Park to the east and the Miami-Dade County line to the south.

The 2020 census counted 15,130 residents and 4,880 housing units, with a homeowner vacancy rate of just 1.4%. The Greater Fort Lauderdale Alliance lists a 2023 median household income of $58,825 and a median age of 36. That income level puts many local families within reach of first-time buyer programs.

The City has also partnered on in-fill housing: three new single-family homes for low- to moderate-income families were completed on SW 21st and SW 22nd Streets in 33023, per the South Florida Regional Council (May 2025).

FHA math at the West Park median

The 2026 FHA one-unit limit in Broward County is $667,000, well above West Park's $430,000 median (as of November 2026). That leaves room for almost every house in the city.

• Down payment, 3.5%: $15,050 on a $430,000 home.
• Base loan: $414,950, before the upfront mortgage insurance premium, which is usually financed into the loan.
• Credit: FHA is built for buyers with thinner credit or past bumps. Approval depends on the full file, subject to credit approval.
• Gift funds: the down payment can come from a relative with a gift letter.

Older houses in Carver Ranches or Utopia may need repairs before an FHA appraisal clears. If the home needs work, an FHA 203(k) loan rolls repair costs into one mortgage. Compare FHA with conventional loans, which can drop mortgage insurance later; see FHA vs conventional.

Down payment help for West Park buyers

Broward County's Homebuyer Purchase Assistance (HPA) is a 0% deferred second mortgage with a 15-year term. The maximum price is $679,324, income must be at or under 80% of area median ($101,400 for a household of four), and the buyer contributes 3% of the price (VA loans excepted). Buyers must not have owned a home in the previous three years and must complete homebuyer education.

West Park is on the county's eligible list, but Broward currently marks it "No Funds" (as of November 2026). Funding reopens from time to time on a first-come, first-qualified basis, and your lender submits the application, so ask us to check before you write an offer. County housing: 954-357-4943.

Florida Hometown Heroes is statewide: up to 5% of the first mortgage, with a $10,000 minimum and $35,000 maximum, as a 0% deferred 30-year second mortgage that is repaid on sale or refinance. It is for eligible full-time workers such as teachers, nurses, first responders, child care workers and veterans. On a $414,950 FHA loan, 5% would be about $20,748, if you meet the program's income and loan limits.

More options are in our Florida down payment assistance guide and first-time buyer guide for Hollywood, the next city north.

West Park property taxes

West Park's city millage is higher than many neighbors, which matters when you budget. Using Broward County Property Appraiser 2026 proposed operating rates (as of November 2026), the total is roughly 20.65 mills, about 2.06% of taxable value:

• City of West Park: 7.9000
• Broward County: 5.6658
• School Board: 3.0460 + 3.2480
• Children's Services Council: 0.4500
• South Florida Water Management District (three levies): 0.2301
• Florida Inland Navigation District: 0.0270
• South Broward Hospital District: 0.0805

That excludes voted debt and non-ad valorem fees such as fire or solid waste assessments. On $380,000 of taxable value (a $430,000 home after the homestead exemption), 20.65 mills is about $7,846 a year, or roughly $654 a month in your escrow. Ask the seller for the latest tax bill, because a new owner is reassessed at market value.

Closing costs on a West Park purchase

Florida's loan taxes are modest at this price. On a $414,950 loan, documentary stamps on the note at $0.35 per $100 are about $1,452, and the intangible tax at 0.2% is about $830 (as of November 2026). Deed stamps at $0.70 per $100 come to $3,010 on a $430,000 sale.

Add title insurance, lender fees, prepaid insurance and an escrow deposit for taxes. A seller concession can cover part of this, though with sellers getting 99.1% of list, there is less room to ask. Read cash to close and closing costs for Florida buyers before you set your budget.

Flood maps and insurance in West Park

Broward's current FEMA flood maps took effect July 31, 2024, and some south Broward properties changed zones. Look up the exact address on the FEMA Map Service Center before you sign. If the house is in a high-risk zone, an FHA or conventional lender will require flood insurance, which adds to your monthly payment. See what a flood zone means.

Many West Park houses are older, so insurers may ask for a 4-point inspection of the roof, electrical, plumbing and HVAC, and a wind mitigation inspection can lower the windstorm premium. Get an insurance binder early so the quote is part of your approval, not a surprise at closing.

Working with QMS Lending in West Park

QMS Lending is an independent mortgage broker in Miami, FL, founded in 2018 (NMLS #1781090), with President Michael Fernandez (NMLS #1491775). We compare FHA, conventional, VA and down payment assistance options from 100+ lenders, and we serve West Park in English and Spanish.

Self-employed? A bank statement loan can qualify you on deposits. Rates vary daily, so call 305-425-1990 for today's pricing. All loans are subject to credit approval. We are rated 4.9 stars across 200+ Google reviews.

Down payment help for West Park buyers

• Broward County Homebuyer Purchase Assistance (HPA) 0% deferred second mortgage, 15-year term; max price $679,324; income up to 80% AMI ($101,400 for 4); 3% buyer contribution; no home owned in prior 3 years. West Park listed as "No Funds" as of November 2026. 954-357-4943. ↗
• Florida Hometown Heroes Up to 5% of the first mortgage ($10,000 minimum, $35,000 maximum), 0% deferred 30-year second mortgage, repaid on sale or refinance; for eligible full-time workers and veterans. ↗

Nearby cities

HollywoodMiramarPembroke ParkMiami GardensPembroke Pines