Naples FHA Loan Rates, Closing Costs & Stats

NAPLES-MARCO ISLAND, FL

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Naples's 111 lenders originated 852 FHA loans during 2024. The total origination value was $441,680,000, with an average FHA loan value of $518,404.

    Naples FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Naples averaged 6.62% for the week of 2025-07-18, compared to the national average (all FHA variants) of 6.527% for the same period.

    Naples's average FHA mortgage closing costs are $12,422.

    The average rate for the prior week (2025-07-11) was 6.92% and one month ago for the week of 2025-06-13, the average rate was 7.07%.

    The average rate one year ago was 6.84%.

    For refis of the same type during the week of 2025-07-18, the average rate was 6.74%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Naples FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Naples level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    CROSSCOUNTRY MORTGAGE, LLC 135 6.71% $20,542
    UNITED WHOLESALE MORTGAGE, LLC 87 6.14% $20,575
    LOANDEPOT.COM, LLC 74 6.20% $11,996
    QUICKEN LOANS, LLC 71 6.10% $20,623
    AMERICAN PACIFIC MORTGAGE CORPORATION 69 6.58% $23,864
    EAGLE HOME MORTGAGE, LLC 38 5.17% $14,003
    BROKER SOLUTIONS, INC. 23 6.55% $19,998
    FREEDOM MORTGAGE CORPORATION 16 6.26% $18,766
    PRIMARY RESIDENTIAL MORTGAGE, INC. 15 6.88% $19,126
    Paramount Residential Mortgage Group, Inc. 12 6.74% $19,143
    PULTE MORTGAGE LLC 10 4.89% $11,887
    PENNYMAC LOAN SERVICES, LLC 10 6.42% $21,067
    Flagstar Bank, FSB 9 6.68% $15,690
    Equity Prime Mortgage LLC 8 6.13% $18,145
    BELEM SERVICING LLC 7 6.89% $20,694
    Mr. Cooper ( Nationstar Mortgage ) 6 6.60% $12,475
    MOVEMENT MORTGAGE, LLC 5 6.40% $20,371
    AMERICAN FINANCIAL NETWORK, INC. 5 6.43% $26,959
    DHI MORTGAGE COMPANY, LTD. 5 5.72% $13,471
    NEWREZ LLC 5 6.00% $20,212
    U.S. Bank 4 6.25% $17,038
    T2 FINANCIAL LLC 4 5.97% $19,129
    Carrington Mortgage Services, LLC 4 6.38% $14,083
    MY MORTGAGE, INC. 3 6.66% $22,790
    GENEVA FINANCIAL, LLC 3 6.04% $21,461
    PLAZA HOME MORTGAGE, INC. 3 6.50% $18,454
    HOMESIDE FINANCIAL, LLC 3 6.58% $18,076
    Summit Mortgage Corporation 3 6.50% $29,375
    Hometown Equity Mortgage, LLC 3 5.83% $28,218
    Keystone Funding, Inc. 3 6.33% $27,123
    LAKE MICHIGAN CREDIT UNION 3 5.83% $15,464
    ABSOLUTE HOME MORTGAGE CORPORATION 3 6.71% $17,842
    VILLAGE CAPITAL MORTGAGE 3 6.83% $7,951
    MID AMERICA MORTGAGE, INC. 3 6.71% $7,812
    Sierra Pacific Mortgage Company, Inc. 2 6.25% $25,702
    LAKEVIEW LOAN SERVICING, LLC 2 6.12% $23,296
    BETTER MORTGAGE CORPORATION 2 6.06% $13,546
    NFM, INC. 2 6.63% $25,178
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.00% $14,697
    Century Mortgage Company DBA Century Lending Company 2 6.25% $11,936
    American Mortgage & Equity Consultants, Inc. 2 7.44% $21,718
    Bank of England 2 6.63% $18,679
    NEAL COMMUNITIES FUNDING, LLC 2 6.69% $14,460
    TJC Mortgage, Inc. 2 6.69% $16,744
    1ST FINANCIAL, INC. 2 6.88% $21,930
    Lakeview Community Capital, LLC 2 5.75% $10,430
    TOWNE MORTGAGE COMPANY 2 5.56% $13,646
    UNION HOME MORTGAGE CORP. 2 6.75% $16,819
    GUARANTEED RATE, INC. 2 6.69% $17,398
    OCMBC, INC. 2 6.19% $19,827
    FIRST COLONY MORTGAGE CORPORATION 2 6.81% $24,709
    GUILD MORTGAGE COMPANY 2 6.56% $13,172
    AMERISAVE MORTGAGE CORPORATION 2 5.31% $32,828
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.25% $16,116
    Residential Mortgage Solutions, Inc. 2 6.00% $16,776
    SECURITYNATIONAL MORTGAGE COMPANY 2 6.63% $14,959
    WILLIAM RAVEIS MORTGAGE, LLC 1 7.00% $11,718
    A&D Mortgage LLC 1 6.00% $22,208
    AHL FUNDING 1 6.50% $17,598
    AMERICAN FINANCIAL RESOURCES, INC. 1 5.38% $30,137
    AMERICAN FINANCING CORPORATION 1 6.00% $16,356
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.63% $20,196
    AmeriHome Mortgage Company, LLC 1 6.99% $7,378
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.25% $10,743
    Barrington Bank & Trust Company, N.A. 1 7.25% $14,730
    Bell Bank 1 6.50% $16,798
    CARDINAL FINANCIAL 1 5.50% $12,042
    Centennial Bank 1 6.50% $16,991
    City National Bank of Florida 1 5.75% $24,756
    CMG MORTGAGE, INC. 1 5.63% $31,658
    Cornerstone First Mortgage, Inc 1 6.13% $26,456
    Countybank 1 6.63% $18,331
    DELMAR FINANCIAL COMPANY 1 5.88% $16,078
    FIDELITY DIRECT MORTGAGE, LLC 1 6.75% $18,125
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.38% $26,659
    FIRST COMMUNITY MORTGAGE, INC. 1 6.50% $15,751
    GERSHMAN INVESTMENT CORP. 1 6.13% $14,416
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.63% $14,117
    INTELLILOAN, INC. 1 6.50% $7,526
    Ixonia Bank 1 6.99% $18,411
    JMAC LENDING, INC. 1 5.25% $21,377
    LEADERONE FINANCIAL CORPORATION 1 5.99% $14,691
    LOANPAL, LLC 1 5.99% $22,378
    Loan Simple, Inc. 1 5.63% $8,258
    MATTAMY HOME FUNDING, LLC 1 5.50% $14,613
    MSA MORTGAGE, LLC 1 6.25% $13,439
    NATIONS DIRECT MORTGAGE, LLC 1 5.75% $17,375
    NETWORK CAPITAL FUNDING CORPORATION 1 6.25% $23,926
    Northpointe Bank 1 6.38% $19,840
    NORWICH COMMERCIAL GROUP, INC. 1 6.75% $11,909
    OCEANSIDE MORTGAGE COMPANY 1 6.25% $5,708
    ON Q FINANCIAL, INC. 1 6.75% $22,586
    PANORAMA MORTGAGE GROUP, LLC 1 6.63% $26,227
    PHH Mortgage Corporation 1 5.49% $12,722
    Plains Commerce Bank 1 6.00% $26,305
    PLANET HOME LENDING, LLC 1 6.50% $22,944
    Prosperity Home Mortgage, LLC 1 6.63% $23,069
    RADIUS FINANCIAL GROUP INC. 1 6.25% $22,070
    READY MORTGAGE LENDERS, LLC 1 6.75% $27,713
    Regions Bank 1 6.13% $14,352
    Strong Home Mortgage, LLC 1 6.13% $10,069
    SUN WEST MORTGAGE COMPANY, INC. 1 4.88% $27,479
    TBI MORTGAGE COMPANY 1 5.25% $25,280
    The Central Trust Bank 1 5.99% $11,486
    The Loan Store, Inc. 1 5.63% $18,882
    THE MORTGAGE WAREHOUSE,LLC 1 5.75% $14,088
    TOTAL MORTGAGE SERVICES, LLC 1 5.88% $17,167
    Towne Bank 1 6.63% $12,963
    UNITED MORTGAGE CORP 1 6.63% $27,570
    Vellum Mortgage, Inc. 1 6.25% $7,907
    Wells Fargo Bank 1 6.88% $12,015

    The top Naples FHA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 135 FHA loans originated. Their average total fees are $20,542, which is $32 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Naples FHA lenders (with over 10 loans originated) are PULTE MORTGAGE LLC ($11,887), LOANDEPOT.COM, LLC ($11,996), EAGLE HOME MORTGAGE, LLC ($14,003), FREEDOM MORTGAGE CORPORATION ($18,766) and PRIMARY RESIDENTIAL MORTGAGE, INC. ($19,126).

    The lowest rate Naples FHA lenders (with over 10 loans originated) are PULTE MORTGAGE LLC (4.89%), EAGLE HOME MORTGAGE, LLC (5.17%), QUICKEN LOANS, LLC (6.10%), UNITED WHOLESALE MORTGAGE, LLC (6.14%) and LOANDEPOT.COM, LLC (6.20%).

    Naples FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    NAPLES-MARCO ISLAND, FL COLLIER 2022 $552,000 $706,650 $854,200 $1,061,550
    NAPLES-MARCO ISLAND, FL COLLIER 2023 $672,750 $861,250 $1,041,050 $1,293,750

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).