Your Sarasota Mortgage Lender — Home Loans, Refinancing & Pre-Approvals

Down Payment Assistance Programs in Sarasota, FL — Home Loans & Pre-Approvals

Nick Lazarevic (NMLS #386391) with 1st Capital Group serves Sarasota and all of Sarasota County with conventional, FHA, VA, jumbo, and specialty loan programs. Sarasota’s cultural scene, Gulf beaches, and year-round sunshine make it one of Florida’s most desirable places to live. Get pre-approved in as little as 24 hours.

Down Payment Assistance Programs in Sarasota

Sarasota buyers have access to statewide DPA programs plus Sarasota County local assistance that can be combined for $45,000+ in total help toward your down payment and closing costs.

Statewide Programs Available to Sarasota Buyers

Hometown Heroes: Up to $35,000 — 0% interest deferred loan, no monthly payments. For teachers, nurses, first responders, military, and 50+ eligible professions.
FL Assist: Up to $10,000 — 0% interest deferred second mortgage, no monthly payments.
FL HLP: Up to $10,000 — 3% interest, 15-year repayment.
Salute Our Soldiers: Up to $35,000 — for veterans and active military. Veterans don’t need to be first-time buyers.

Sarasota County Local Programs

Sarasota County receives SHIP funding from the state and may offer additional local DPA programs. Program amounts and availability change throughout the year. I track which programs are currently funded and accepting applications in Sarasota and the surrounding area.

Sarasota DPA Stacking Example

Hometown Heroes: $35,000 (state)
FL Assist: $10,000 (state)
Sarasota County SHIP/local programs: varies
Total potential: $45,000+ depending on local availability

I specialize in finding and stacking every DPA program you qualify for. Contact me for a personalized breakdown based on your income, occupation, and where you’re buying in Sarasota.

2026 Conforming Loan Limit

The conforming loan limit for Sarasota County in 2026 is $832,750. Many premium Sarasota properties exceed this limit and require jumbo financing.

Frequently Asked Questions

Do I need a jumbo loan to buy in Sarasota?

It depends on the price and location. Properties on Siesta Key, Longboat Key, and waterfront areas often exceed the $832,750 conforming limit. We offer competitive jumbo options for qualified buyers.

Can I finance a vacation rental on Siesta Key?

Yes. DSCR loans and conventional investment loans are both available for Siesta Key vacation rentals. DSCR loans qualify based on the property’s rental income.

Sarasota’s Housing Market

Sarasota has evolved from a quiet retirement destination into a vibrant, culturally rich city that attracts buyers of all ages. Siesta Key Beach, consistently ranked as one of America’s best, draws vacation home buyers and investors. Downtown Sarasota’s dining and arts scene appeals to professionals and retirees alike. The market ranges from luxury waterfront estates on Longboat Key and Bird Key to affordable homes in North Port and Venice. Sarasota County’s property tax rate of approximately 0.86% is below the state average, adding to the area’s financial appeal.

Available Loan Programs

Conventional Loans — Competitive rates for primary residences, second homes, and investment properties
Jumbo Loans — For premium properties on Siesta Key, Longboat Key, and waterfront estates
VA Loans — Zero down payment for eligible veterans
FHA Loans — Low down payment options for qualifying buyers
DSCR / Investor Loans — Qualify based on rental income for beach vacation rentals
Foreign National Loans — Financing for international buyers purchasing in Sarasota

Serving All of Sarasota County

Nick serves homebuyers throughout Sarasota County, including Sarasota, Venice, North Port, Siesta Key, and Longboat Key. Licensed statewide.

Call: 954-300-1287 | Email: [email protected] | Contact Us for More Help