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Get Matched Free →NFC Advantage Purchase Loan
Funding status: Active
How much assistance
First mortgage up to $250,000, second mortgage up to 15% LTV, plus forgivable renovation loan up to $10,000
The $10,000 renovation portion is forgivable over the life of NFC financing when used to purchase a home in a designated NFC lending area.
Eligibility
- Income limits: Varies. Contact NFC for current limits.
- Purchase price limit: $250,000
- First-time buyer required: No
- Geographic restrictions: Property must be in a designated NFC lending area (primarily Polk and Linn counties).
- Homebuyer education required: Yes
How to Apply for NFC Advantage Purchase Loan
Contact Neighborhood Finance Corporation at 515-246-0010 for the Des Moines area. NFC will underwrite the first and second mortgage and coordinate the renovation funding at closing.
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