Florida-Mortgage-Lenders.com is a leading North Naples Florida FHA Mortgage Company. All situations welcome.
What is an Florida FHA Mortgage? FHA mortgages have been helping North Naples Florida people become homeowners since 1934. North Naples Florida FHA mortgage loans are backed by the FHA which is short for the Federal Housing Administration. FHA insures the FHA mortgage loan so North Naples Florida mortgage lenders can offer easier loan qualifying and lower down payment FHA mortgage options.
NORTH NAPLES FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:
• North Naples FL Down payment only 3.5% of the purchase price.
• Gifts from family or Grants for down payment assistance and closing costs OK!
• Seller can credit buyers up to 6% of sales price towards buyer’s costs.
• No reserves or future payments in account required.
• FHA regulated closing costs.
NORTH NAPLES FLORIDA FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN:
• Purchase a North Naples Florida home 12 months after a chapter 13 Bankruptcy
• Purchase a North Naples Florida 24 months after a chapter 7 Bankruptcy.
• FHA will allow a FHA mortgage 3 years after a Foreclosure.
• Minimum FICO credit score of 580 required for 96.5% financing.
• North Naples Bad credit Florida FHA mortgage approvals minimum FICO credit score of 530 required for 90 FHA financing.
• No Credit Score Florida mortgage loans & No Trade Line Florida FHA home loans.
NORTH NAPLES FLORIDA FHA MORTGAGE LOANS ALLOW HIGHER DEBT TO INCOME & EASIER JOB QUALIFYING:
• FHA allows higher debt ratio’s than any other Florida home loan programs.
• Less than two years on the same job is OK!
• Self-employed buyers can also qualify for FHA.
• Check Florida FHA Mortgage Articles for more information.
During the North Naples Florida Housing Boom the FHA Mortgage had become an uncommon mortgage loan product because of the plentiful supply of credit including Subprime, Conventional, and Fannie Mae. Many North Naples Florida homebuyers obtained Mortgage Loans with 0% down payment and reduced loan documentation requirements. After the crash, as Fannie Mae and other North Naples Florida mortgage lenders retreated from these riskier loan products, FHA stepped in North Naples Florida FHA Home Loans became the only option for borrowers with a lowdown payment and less than perfect credit.
HOMES FOR SALE IN NORTH NAPLES FLORIDA
NORTH NAPLES FLORIDA FHA APPROVED CITY DATA
NORTH NAPLES FLORIDA:
North Naples is an unincorporated community in northwest Collier County, Florida, United States. North Naples is located immediately north of Naples, Florida. The North Naples area includes the census-designated places of Naples Park, Pelican Bay, and Pine Ridge, as well as additional surrounding land. North Naples is part of the Naples–Marco Island Metropolitan Statistical Area.
North Naples FHA MORTGAGE / North Naples VA / North Naples North Naples FHA REFINANCE / North Naples NO CREDIT / North Naples BAD CREDIT / North Naples HARD MONEY / North Naples LOAN INFO / Altamonte SpringsHA INFO / FHA LOAN LIMITS
About the City of North Naples
Fortune 1000 company Health Management Associates, technology company INgage Networks, medical equipment manufacturer Arthrex and communications consultancy League of American Communications Professionals are located in North Naples.
North Naples has a tropical savannah climate with warm dry winters and hot humid summers with heavy rain, despite its being north of the tropics. It is a part of one of the only tropical climates in the continental USA.
North Naples is served by the District School Board of Collier County and various private institutions including the following.