Realtors

Please note that the buyer must get their loan to purchase the home through NFC to be eligible for receiving the lump sum of up to $10,000 in forgivable funds.  NFC maximum loan amount is $175,000.

If mortgage is obtained from another lender the following applies:

 *The customer must wait 12 months before applying for a home improvement
* Home improvement loans provide forgivable funds; however, it is a percentage of the project, either 25%, 33% or 50%.

The NFC Advantage for Buyers:

• As home buyers search for value in today’s real estate market, what better way to stretch the buyer’s dollar than with a $10,000 forgivable loan for repairs and improvements, plus up to an additional $2,500 for down payment and closing costs?
• And because NFC offers loans for qualified borrowers with little money down and no PMI, recommending NFC to your clients may be just the incentive they need to purchase a home!
• NFC now accepts Master Card, Visa and Discover for the application fee

The NFC Advantage for Sellers:

• Rather than having your seller pay for repairs or improvements before they list their property with you, suggest listing it as an NFC eligible property.
• Let the NFC dollars fix the home up for the new buyer.
• Call us to confirm the property is in an NFC lending area and still has funds available.
• As home sellers seek to get top dollar for their property, the $10,000 in forgivable funds can be used to address repairs.
• The rehabilitation funds can also be used to add things like garages, paved driveways and fences.
• These funds just might add the one thing that is missing for the buyer.

Please note: our program is intended to improve neighborhoods and increase home ownership; therefore, the borrower must occupy the property and can not own additional property within Polk County or the surrounding counties.

Realtor Events

Realtor Lunch & Learn
March 20, 2012 | 12:00 PM-1:00 PM