The Best 2024 Marco Island FHA Mortgage Programs

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640 + Fico Score
620 + Fico Score
580 + Fico Score
560 + Fico Score
500 + Fico Score

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640 + Fico Score Home Loans

Having a 640 credit score allows for homebuyers to qualify for a majority of programs available across the U.S.A.  The popular Marco Island FHA home loan was introduced in 1934.  The program features lower down payment options and easier qualifications for new and repeat homebuyers.  Another Government program strictly for Veteran’s was introduced in 1944, the Marco Island VA home loan allows for certain service members to buy a home with no money down even with lower credit scores.  Another favorite of ours, the USDA home loan created in 1991 offers the no money down option.  Last but not least a homebuyer favorite the forgivable Marco Island FHA homebuyer grant.  With over 26 years of experience our experts are here to answer your questions.  We will have you pre-approved and ready to shop in minutes.

Get Pre-Approved Now

(640 Credit Score Required)

FHA Loan Benefits

  • Buy with 3.5% Down
  • 640 Credit Qualifies for a Grant to Cover Down Payment
  • Easier Credit Qualifications
  • Extremely Loan Rates for Home Buyers

FHA Apply Here

USDA Loan Benefits

  • Buy with No Money Down
  • Streamlined credit approval for scores above 640
  • Look Up Eligible USDA Areas Here
  • Extremely Loan Rates for USDA Home Buyers

USDA Apply Here

FHA Grant Benefits

  • Grant is completely forgiven
  • Grant can be used for down payment
  • Not required to be first time home buyers
  • Keep your down payment money in the bank

FHA Grant Apply Here

VA Loan Benefits

  • No down payment
  • No mortgage insurance required
  • Low wholesale VA home rates
  • Lower credit scores can qualify

VA Apply Here

Questions Call (888)208-9797

Marco Island is Eligible for FHA Home Buyers

Popular FHA Cities for New Home Buyers

620 + Fico Score Home Loans

Having a 620 credit score allows new Marco Island homebuyers many options. The FHA offers amazing rates even with less than perfect credit. Even better the FHA offers buyers the option to buy with a 3.5% down payment. Don’t have a down payment, no worries we offer a private Marco Island FHA grant program.  The Marco Island FHA grant program requires a minimum 620 credit score. The programs don’t stop there, Even with a 620 credit score we have more options. The USDA home loan and the Marco Island VA home loan are also available. The USDA mortgage allows for home buyers to purchase with NO money down. Understand the average qualifying credit score is 640 but our 2024 guidelines allow for manual underwriting. A manual approval will need to be completed by an underwriter and is not guaranteed. Last but not least our Marco Island VA Military home loan is another NO money down option for those who serve the USA, the greatest country on earth.

Get Pre-Approved Now

(620 Credit Score Required)

FHA Loan Benefits

  • Buy with 3.5% Down
  • 620 Credit Qualifies for a Grant to Cover Down Payment
  • Easier Credit Qualifications
  • Extremely Loan Rates for Home Buyers

FHA Apply Here

USDA Loan Benefits

  • Buy with No Money Down
  • 620 credit scores will need manual approval by underwriting
  • Look Up Eligible USDA Areas Here
  • Extremely Loan Rates for USDA Home Buyers

USDA Apply Here

FHA Grant Benefits

  • Grant is completely forgiven
  • Grant can be used for down payment
  • Not required to be first time home buyers
  • Keep your down payment money in the bank

FHA Grant Apply Here

VA Loan Benefits

  • No down payment
  • No mortgage insurance required
  • Low wholesale VA home rates
  • Lower credit scores can qualify

VA Apply Here

Questions Call (888)208-9797

Areas Near Marco Island are Eligible for USDA Loans

Popular areas that may be Eligible for USDA Home Buyers

580 Fico Score Home Loans

Having a 580 plus credit score will allow Marco Island home buyers a few great options. The FHA offers amazing rates even with less than perfect credit. With a 580 credit score a down payment of 3.5% will be needed. The down payment can come as a gift. Another great options for lower credit scores is our Marco Island VA Military home loan. Veteran’s can qualify with a 580 credit score and NO money down.

Get Pre-Approved Now

(580 Credit Score Required)

FHA Loan Benefits

  • Buy with 3.5% Down
  • Gift funds excepted for down payment
  • Easier Credit Qualifications
  • Extremely Loan Rates for Home Buyers

FHA Apply Here

VA Loan Benefits

  • No down payment
  • No mortgage insurance required
  • Low wholesale VA home rates
  • Lower credit scores can qualify

VA Apply Here

Questions Call (888)208-9797

Marco Island is Eligible for Veteran Home Programs

Popular Cities for Veteran Home Buyers

560 Fico Score Home Loans

560 plus credit scores allow home buyers a few great options. The FHA offers amazing rates even with less than perfect credit. With a 560 credit score a down payment of 10 - 20% will be needed. The down payment can come as a gift. Another great option for lower credit scores is our VA Military home loan. Veteran’s can qualify with a 560 plus credit score.

Get Pre-Approved Now

(560 Credit Score Required)

FHA Loan Benefits

  • Buy with 10 - 20% Down
  • Gift funds excepted for down payment
  • Easier Credit Qualifications
  • Extremely Loan Rates for Home Buyers

FHA Apply Here

VA Loan Benefits

  • No down payment
  • No mortgage insurance required
  • Low wholesale VA home rates
  • Lower credit scores can qualify

VA Apply Here

Questions Call (888)208-9797

500 Fico Score Home Loans

With 500 plus credit scores options are still available for home buyers. The Marco Island FHA program is still available for home buyers, understand you will need a larger down payment, usually 10 - 20%  The down payment can come as a gift. Another great option for lower credit scores is our Marco Island VA Military home loan. Veteran’s can qualify with a 500 plus credit score.  Keep in mind a 500 plus credit score is a higher risk for lenders, this means it will be underwritten manually by an underwriter.

Get Pre-Approved Now

(500 + Credit Score Required)

FHA Loan Benefits

  • Buy with 10 - 20% Down
  • Gift funds excepted for down payment
  • Easier Credit Qualifications
  • Extremely Low Rates for Home Buyers

FHA Apply Here

VA Loan Benefits

  • No down payment
  • No mortgage insurance required
  • Low wholesale VA home rates
  • Lower credit scores can qualify

VA Apply Here

Questions Call (888)208-9797

Hundreds of 5 Star Reviews!

Marco Island is a small sea island, or barrier island, on the Gulf Coast of the United States. Located 20 miles (32 km) south of Naples in Collier County, Florida it is 198 nautical miles to Havana. It is the largest of the Ten Thousand Islands. Marco Island is a beach and boating resort island with a small-town character. It is home to the JW Marriott Marco Island Beach Resort and Hilton Marco Island Resort, a golf club, a yacht club, a country club, several parks, and nature areas. The six-mile crescent beach on Marco Island is among the widest in Florida and features bright white, sugar sand and bountiful shelling opportunities. There are two public access locations with parking and amenities (Tigertail and South Beach), a private beach complex for residents (Residents’ Beach) and a private parking area for residents (Sarazen Park at South Beach), and two other public access points (with no amenities). Access to offshore island beaches, such as Keewaydin, are conveniently accessed by boat or tours. Marco is close to the shopping and restaurants of Naples.[4]

Marco Island is a principal city of the Naples–Marco Island Metropolitan Statistical Area. The population was 15,760 at the 2020 census.[citation needed]It was ranked as the sixth most affluent metro area in the nation.[citation needed] The population more than doubles in size during the winter season. A daily ferry connects the island to Key West.