NFC is a nonprofit mortgage lender specializing in sustainable homeownership, home renovations, and revitalizing neighborhoods through collaborative partnerships. NFC Offers:
Purchase Loans (buying a home)
Refinance Loans
Home Improvement Loans
NFC Properties LLC
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What is the NFC Advantage? The subsidy (forgivable loan) of up to $15,000 is used to help pay for property repairs and improvements. Eligible home buyers also receive a subsidy (forgivable) up to $2,500 to assist with down payment and/or closing costs on a purchase transaction. Please note, there are several factors to consider when determining if the borrower can receive the closing cost subsidy and if so, how much. Final determination cannot be made until a completed application and supporting documentation have been reviewed by NFC. Because these subsidies are paired with your NFC loan, you can do more than if you obtained a traditional loan elsewhere. Your loan works harder for you at NFC. This program is made possible through partnerships with the City of Des Moines, Polk County, Des Moines Area Banks and Neighborhood Associations. Together we are improving Des Moines neighborhoods.