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Collier County SHIP Purchase Assistance

Collier County SHIP Purchase Assistance is a deferred second loan for homebuyers in Collier County, Florida.

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The program asks for

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A minimum 620 credit score
  • A completed homebuyer education course
  • A home in Collier County

It doesn’t cover

  • Households above 120% of area median income
  • Homes outside Collier County

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

Income limit

120% of Collier County’s area median income

HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.

$121,000
Area median income, 4-person household (HUD, 2026)
Income limits in Florida

Where it applies

Collier County’s homes

  • 42.7% single-family
  • 7.2% townhouse
  • 9.3% 2–4 units
  • 36.3% 5+ units
  • 4.5% mobile & other

A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.

$540,700

Collier County median home value

16.6%

built before 1980

U.S. Census Bureau, ACS 2024 5-year. More about buying in Collier County

How to apply

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact the administering agency to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.

Free course · 10 minCollier County SHIP Purchase Assistance, explained

Questions about this program

What is Collier County SHIP Purchase Assistance?

Collier County SHIP Purchase Assistance is a deferred second loan for homebuyers in Collier County, Florida. Collier County provides up to $75,000 in deferred 0% interest SHIP loan for eligible homebuyers. 30-year term with no monthly payment. Available throughout Collier County including Naples, Marco Island, and Everglades City. Funding comes from State.

Do you have to pay it back?

Collier County SHIP Purchase Assistance is forgiven after 30 years, so a homebuyer who stays that long does not repay it. Repayment is triggered by Sale, Refinance, and No longer primary within 30-year term. The assistance is recorded in 2nd Lien position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Collier County SHIP Purchase Assistance is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. The program lists a minimum credit score of 620. A homebuyer education course is required.

What are the income limits?

Collier County SHIP Purchase Assistance limits household income to 120% of the area median income, which varies by county and household size. Income up to 120% AMI for Collier County. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Collier County SHIP Purchase Assistance can be used for Single Family, Condo, and Townhouse.

Is there eligibility for specific groups?

Collier County SHIP Purchase Assistance names educators, law enforcement officers, firefighters, and healthcare workers among the groups it serves. Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Collier County SHIP Purchase Assistance serves homebuyers purchasing in Collier County, Florida.

How do you apply?

Applications for Collier County SHIP Purchase Assistance go through the administering agency, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.

Also for Collier County homebuyers

Whether two programs can be combined is up to each agency. Ask before you apply.

All 86 programs for Collier County

Program terms are set by the administering agency and can change; confirm on the official site before you apply.