Competition Among Lenders Good For Naples Buyers

Competition Among Lenders Good For Naples Buyers

Have you found yourself stymied and/or frustrated by overly strict lending requirements over the last number of years as you contemplated your Naples move? If so, it appears help is on the way.  As a result of the market bust nearly 10 years ago, potential homebuyers have been frustrated by the lack of borrowing power available due to the explosion in the number of re-financing requests, coupled with overly strict credit score and down payment requirements. As a result of re-fi requests being down 50% in the last reporting period, coupled with stringent credit score/down payment demands, lenders are having to re-think their strategy in order to maintain the recovery process.  Given that, lenders are beginning to lower credit score and down payment requirements (even allowing borrowers to use monies gifted to them as down payments), in order to sustain their growth. I will help you navigate the muddy waters in order to obtain favorable financing for the home of your dreams.  To learn more about Naples Real Estate and my special Buy and Fly Buyer Travel Incentive Program call or email me at 239-273-4006 or, Fay Mlinarich, PA., Premiere Plus Realty.

Fay Bamond Headshot
Phone: 239-273-4006
Dated: October 31st 2014
Views: 402
About Fay: Fay Bamond, PA, Broker Associate, provides buyers and sellers in-depth local knowledge, technologica...

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