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We really want to retire to Fl in about 20 years. Any advice for a buying a condo now in South Florida, mortgage programs etc.? I know it's very tough to obtain a mortgage nowadays needing at least 15% down and good credit. We have about a 730 credit score but our debt is a little high. We are paying it down.

Find a broker who can obtain for you a "Pay Advantage" loan through United Wholesale Mortgage. You can buy with just 3% down until December 31; in 2014 this increases to 5% down.

Maximum loan amount = 417000
Maximum LTV [loan to value] = 97%
Maximum DTI [debt to income] = 43%
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