Buying your first home is exciting—but let’s be honest, it can also feel like a maze of down payments, mortgage terms, and paperwork that sounds like it came from a law school exam.
Don’t worry. You’ve got a local guide in your corner.
I’m Eric Eckenroth with Stress Less Mortgage, and we specialize in helping first-time homebuyers across Ocala and Marion County get into homes without the stress. Below, I’ll break down everything you need to know to make 2025 the year you finally get the keys.
🏡 How Much Home Can You Afford in Ocala?
The median home price in Ocala is about $277,000, which makes us one of Florida’s most affordable metros. That’s the good news.
But what you really want to know is: how much cash do I need upfront?
✅ Down Payment Options
- Conventional Loan – As little as 3% down if you qualify
- FHA Loan – Just 3.5% down, with more lenient credit requirements
- USDA Loan – $0 down payment for qualifying rural areas (yes, parts of Marion County qualify!)
For a $277,000 home, that’s:
- 3% = $8,310
- 3.5% = $9,695
- USDA = $0
💡Pro Tip: Ask us how you may qualify for $0 down—even without perfect credit.
📊 What’s the Minimum Income or Credit Score?
Contrary to popular belief, you don’t need a six-figure income or perfect credit.
Most Common Guidelines:
- FHA Loans: Minimum credit score of 580, up to 43% debt-to-income ratio (DTI)
- Conventional Loans: Usually require 620+ credit score, with 36% max DTI
- USDA Loans: 640+ credit score often required, income limits apply
If your monthly income is $4,000:
- You could qualify for a mortgage payment of ~$1,200 to $1,400
- That includes taxes, insurance, and PMI
We can help you calculate your exact budget and pre-approve you in minutes:
👉 Apply now
💸 What Assistance is Available for Ocala Homebuyers?
First-time buyers in Marion County have access to programs that reduce upfront costs.
Top Options in 2025:
- Florida Hometown Heroes Program
Up to $35,000 in down payment assistance for eligible professions (teachers, nurses, first responders, etc.) - Florida Assist Second Mortgage
$10,000 deferred second mortgage—no payments while you live in the home - USDA 100% Financing
Available in many parts of Marion County and Belleview
We’ll help you find every dollar you qualify for—so you keep more money in your pocket.
📈 Is 2025 a Good Year to Buy?
Yes. Here’s why:
- Interest rates are stabilizing, with moderate dips expected later this year
- Inventory has improved, giving you more choices
- Rents are rising, while owning builds long-term equity
Plus, Ocala is still a hidden gem. With a median price per square foot of just $183, your money goes a lot farther here than in other Florida markets.
🎯 5 Smart Steps to Start Your Home Buying Journey
- Check your credit – Free tools like Credit Karma are a good start
- Get pre-approved – Know your buying power before shopping
- Find a local agent – We’ll connect you with someone great
- Explore assistance programs – We’ll walk you through them
- Lock in your loan – Stress less, close with confidence
Ready to Buy Your First Home in Ocala?
You don’t need to do this alone—and you shouldn’t. Whether you’ve got questions or you’re ready to apply today, we’re here to make this simple.
📲 Call or text me, Eric, at 352-572-9060
📧 Email: eric@stresslessmortgage.net
🔗 Apply now: https://www.stresslessmortgage.net
Bonus: Quick FAQ for Ocala First-Time Buyers
What credit score do I need to buy a house in Ocala?
→ FHA starts at 580, Conventional at 620+, USDA at 640+
Do I need 20% down?
→ Nope. Most buyers put down 3-5%. USDA = 0% down.
Can I buy a home if I have student loan debt or credit cards?
→ Yes! It depends on your total DTI, and we can help you consolidate if needed.
How fast can I buy a home once I’m pre-approved?
→ Most closings take 30 days or less.
You’ve got the dream. We’ve got the keys.
Let’s make 2025 the year you stop renting and start owning.
