VA Loan Marco Island Florida

What Is A VA Loan?

A VA loan is a home loan given by private lenders and secured by the U.S department of veterans’ affairs. It enables U.S veterans, the active-duty service members, and widowed service members’ spouses to buy a home. VA loan were introduced as part of the GI Bill in 1944 to help the veterans, and they have become popular over time. In early 2019, 8% of homes were acquired using a VA loan. This loan type has become increasingly popular because it is easy to qualify and does not need a down payment.

VA Home Loan

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How Does A VA Home Loan Work in Marco Island, Florida?

VA home loans are non-conventional home loans. Since the VA loan are government-insured they do not have the conventional mortgage system that you get from banks and other lenders.

The non-conventional home loans are easy to get since the banks assume less risk than conventional loans. This means that the U.S department of veterans affairs undertakes to repay a part of the loan to the lender if you are unable to make payments or if you face foreclosure.

Benefits of VA Loan

  • No Down Payment- This is far and away the program’s signature benefit. Qualified VA Loan borrowers can purchase up to a county’s conforming loan limit without a down payment. Those limits can change every year and are higher in more expensive areas.
  • No Private Mortgage Insurance- VA loan do come with a mandatory funding fee that goes directly to the Department of Veterans Affairs. Borrowers with a service-connected disability are exempt from paying this fee, which helps keep the program going for future generations. 

Looser Credit Requirements- Credit score requirements have started to thaw, but that hasn’t made life significantly easier for many military buyers. The credit benchmarks set by both conventional and FHA lenders can still be tough to hit.

Not just Marco Island VA Loan, we are offering following loans as well:


Loans Custom Built for Real Estate Investors

Whether you buy and hold, fix and flip, or build to rent, cambridgehomeloan.com has the capital for your investment needs
The nations #1 Lender for Fix and Flip and Fix To Rent Investment Loans
Fix & Flip Loans 90% LTC and up to 100% of fix up costs.

Fix To Rent Home Loans

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 5yr, 7, 10 and 30 year terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $70,000 – $100 million

Fix To Flip Home Loans

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 12 To 24 month terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $100,000 – $100 million

Multi Family /
Commercial Real Estate

      • 1-50+ properties

      • Multifamily, condos, student housing, 
      • mixed use w/ majority residential

      • 12, 24 mo., 5,10,30,40 year terms

      • Up to 100% of cost

    • $1M – $50M

      • Bridge, Construction, Permanent, Refi.

CambridgeHomeLoan.com takes an active part in helping our customers achieve their long term goals. Fast closings and refinancing into better rates when it matters. Feel free to contact us with your loan scenario at 800-826-5077.
Fix and Flip or Fix To Rent Loans can be closed in just 5-7 days. If you would like to prepare for your first deal contact us for a soft quote and our due diligence check list.

From your first investment real estate loan to putting together a portfolio loan for all of your investment properties, CambridgeHomeLoan.com is the resource that can help you from the very beginning of your investment career.

CambridgeHomeLoan.com can manage all of your real estate loans from ground up construction, spec houses to fix and flip and fix to rent home loans. When you want to get your price and close in just a few days to easy rehab draws that can help you get your project done on time and in budget. Give us a call today with your project outline and we can give you the possibilities.

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.

Marco Island is a principal city of the Naples–Marco Island Metropolitan Statistical Area. The population was 16,413 at the 2010 census. It was ranked as the sixth most affluent metro area in the nation. The population more than doubles in size during the winter season. A daily ferry connects the island to Key West.

Marco Island is the largest barrier island within Southwest Florida’s Ten Thousand Islands area extending southerly to Cape Sable. Parts of the island have some scenic, high elevations relative to the generally flat south Florida landscape. Like the city of Naples to the north, Marco Island has a tropical climate; specifically a tropical wet and dry or savanna type (Aw under the Köppen system). It is known for its distinct wet and dry seasons, with most of the rainfall falling between the months of June and October.

Things to do in Marco Island

Located on the southwest portion of Florida’s Gulf Coast, Marco Island is a small city of about 16,000 residents. It’s one of the largest islands in the region of the state that’s often referred to as ‘10,000 Islands.’

Marco Island and the surrounding areas are particularly well-known for their beautiful beaches, abundance of exotic shells, and laidback lifestyles, and the island draws sun-seekers from all over the country.

In addition to natural splendor, Marco Island offers guests a number of cultural, artistic, and festival attractions, so staying engaged and entertained on your trip shouldn’t be an issue.

Below are 6 things to do in and around Marco Island, Florida.

  • South Marco Island Beach
  • Marco Island Historical Museum
  • The Marco Island Princess
  • Marco Island Seafood & Music Festival
  • Marco Island Center for the Arts
  • Otter Mound Preserve

We are serving all of Marco Island zip codes including 34145, 34146

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