NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: PKE Marketing & PR Solutions
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

North Star Yacht Club in Fort Myers Receives Fannie Mae Approval - North Star Yacht Club received project approval from Fannie Mae allowing greater financing options for purchasers in this luxury riverfront condominium community in North Fort Myers, Florida
North Star Yacht Club in Fort Myers Receives Fannie Mae Approval

 

NewswireToday - /newswire/ - Fort Myers, FL, United States, 2010/07/02 - North Star Yacht Club received project approval from Fannie Mae allowing greater financing options for purchasers in this luxury riverfront condominium community in North Fort Myers, Florida.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate / Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

North Star Yacht Club, a luxury riverfront condominium community in North Fort Myers has received project approval from Fannie Mae. This approval will allow eligible lenders to sell their loans through Fannie Mae and opens the door to conventional financing options for purchasers at North Star Yacht Club.

“The Fannie Mae approval process is a thorough examination and evaluation of specific criteria including ownership status and occupancy, delinquency of homeowner association dues, financial stability, insurance coverage and property condition,” said Sam Morgan, director of sales for The Marketing Directors, the exclusive sales and marketing firm for North Star Yacht Club.

“North Star Yacht Club met or exceeded the criteria and made great strides in the 2009-2010 season, achieving more than 40 cash closings in 90 days. These are great achievements in today’s lending climate, and this approval makes it easier than ever to own a condominium home at North Star Yacht Club.”

Before granting approval, Fannie Mae representatives evaluated the community’s homeowners’ association structure to determine that it is financially sound. The condominium also had to demonstrate that the homes sold in the community are primarily owned by owner-occupants and second homeowners rather than investors.

“Since most of our residents are primary and secondary home purchasers, the community has healthy financials. In addition, our new construction is at the highest standards – as a result, North Star Yacht Club has met Fannie Mae’s criteria with high marks,” said Mike Banson, sales representative.

Established in 1938 as a federal agency, Fannie Mae is a government-sponsored enterprise that was chartered by Congress in 1968 as a private shareholder-owned company.
Its mission is to provide liquidity, stability and affordability to the U.S. housing and mortgage markets by operating in the U.S. secondary mortgage markets. Fannie Mae does not make home loans to consumers directly but works with mortgage bankers, brokers and other primary mortgage market partners to ensure they have funds to lend to home buyers at affordable rates. Fannie Mae’s approval of North Star Yacht Club now brings liquidity, stability and affordability to the current and future residents of this community.

North Star Yacht Club (NorthStarYachtClub.com), twin 12-story high rises with penthouse level located along the Caloosahatchee River in North Fort Myers, offers luxury riverfront condominium residences starting at $234,900. The 12-acre property also boasts a private marina walk and adjoining boat slips. North Star Yacht Club is located at 3420 Hancock Bridge Parkway in North Fort Myers. For more information, call (239) 995-8200.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate / Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: PKE Marketing & PR Solutions

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Real Estate / Property Management articles,
CATCH Visitors via Your Competitors Announcements!


North Star Yacht Club in Fort Myers Receives Fannie Mae Approval

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Phyllis Ershowsky - PKECreative.com 
239-565-5996 phyllis[.]pkecreative.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PKE Marketing & PR Solutions securities in any jurisdiction including any other companies listed or named in this release.

Real Estate / Property Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From PKE Marketing & PR Solutions / Company Profile


Read Real Estate / Property Management Most Recent Related Newswires:

NHE to Assume HOA Management of Five Additional South Carolina Communities
Armada Analytics, Inc. Relocating Headquarters, Expanding Operations in Greenville, South Carolina
Yardi Relaunches Popular CRE Marketplace CommercialSearch.com
SC's NHE Announces Construction Start for its first Affordable Housing Community in Charlotte NC
Six South Carolina Communities Turn to NHE Association Management
Affordable Housing for Seniors Expands in South Carolina as Renaissance Place from NHE Breaks Ground
South Carolina Property Management Group NHE Promotes Three, Adds Three to Accounting/Finance Team
NHE Adds Riverstone Community to Growing South Carolina Homeowners Association Portfolio
NHE Headquarters Building Named in Honor of Former Verdae CEO - AO-The Space Spa & Salon Relocating
NHE Relocates Corporate Headquarters to New Building At Legacy Square in Greenville, South Carolina
NHE Begins Leasing on Newly Completed Affordable Housing Apartment Community in South Carolina
NHE to Manage The Ironwood Community in North Augusta, South Carolina
NHE Adds Management of Four South Carolina Communities to its Homeowners Association Portfolio
Lollis Named Vice President of Finance at South Carolina-based Property Management Firm NHE
Yardi Showcasing New Innovation At 2019 Realcomm ׀ IBcon Conferences in Nashville, Tennessee

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow, Inc.

Visit  JobsWare.com





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)