HOW MUCH DO I QUALIFY FOR?

At NLFUSA we understand that finding the right property can be hard. However, getting the right loan should be easy. At NLFUSA. We have the ability to close a purchase loan between five and ten business days. We can easily accomplish this due to our state-of-the-art banking technology along with the knowledge and experience of our Purchase Division staff. APPLY NOW! Complete the online application and a representative will follow up with you shortly and let you know how much you can qualify for on your purchase loan. We will also issue your approval letter and discuss the loan programs and rates which you have qualified for.

ARE YOU A BUYER?

Congratulations on taking the next step towards home ownership. At NLFUSA , we understand the importance of working with a lender who can provide not only the service and experience expected by clients, but also the level of trust that must exist for a successful relationship. It is extremely important to NLFUSA that a high level of integrity is maintained throughout the purchase transaction. NLFUSA understands that this reflects on our performance and reputation. APPLY NOW! Complete the online application and a representative will follow up with you shortly and guide you through the purchase process.

ARE YOU A REAL ESTATE AGENT?

Thank you for looking toward NLFUSA as a result for your purchase needs. As we proceed in this ever changing competitive market. We realize how important it is to now be a step ahead of all the competition. Because of this, NLFUSA has established key relationships with some major Wall Street Banks, due to this the number of programs as well as the level of rates available to clients can be more superior than those of traditional FDIC institutions. NLFUSA can also provide mortgage financing through corporations, LLCs and Trusts which helps tremendously when working with real estate investor groups.

NLFUSA would like the opportunity to establish you on our Realtor Direct Program (RDP). I am very confident that you will see the value and many benefits that this program offers as well as the positive impact it can have on your business from your participation. For more information Contact Us today.

 

LOOKING TO BE DEBT FREE?

Tired of screening calls and running from the mail box? Get debt free now! Speak with on of our Sr. Credit managers today and learn how we can create a financial plan to get you free from debt. Let us tailor a loan program which will take care of your debt, help to improve your credit score and most of all create a stable financial way of life. APPLY NOW! Complete the online application and a representative will follow up with you shortly and discuss with you a plan for financial freedom.

FHA LOANS!

Benefits of a FHA Refinance

• It is easier to qualify for a FHA refinancing loan than it is for a traditional loan from your average lender. Since the FHA does not directly loan you the money, you have to qualify with a lender that funds FHA loans. It is easier to qualify because the FHA guarantees your loan, which means that they promise the lender that if you skip a mortgage payment, go into default, or they are forced to foreclose on the property, that the lender will get their money back. The FHA guarantees a percentage of the loan, which they pay directly to the lender in the case of foreclosure. So, the lender has nothing to lose by extending credit for a mortgage loan to a borrower who chooses an FHA loan.
• You do not have to have perfect credit to refinance with a FHA loan. The FHA requires certain standards order to offer you a loan guarantee, but the lender is still guaranteed their money in case of foreclosure, so they are more likely to fund the loan even if the borrower's credit is not ideal.
• You can have no down payment or a very low down payment, and still get a mortgage loan. Most traditional lenders require a minimum down payment, which preferably is around 20% of the purchase price of the home. FHA loans only require 3%, and this required portion can be a gift to you. Many lenders don't allow gifted funds to be used for down payments on a mortgage loan, but a FHA loan would allow you to do so. This means that you can borrow the down payment from a friend or relative, or use a down payment gift program, like AmeriDream, that will give you the money for a free down payment on your home. If you are refinancing, you would be able to take more cash out from your home, or refinance sooner, even if you have a very small amount of equity built up in your home.
• You may get a much lower interest rate on your refinance mortgage. FHA loans can offer much better loan terms than traditional mortgage loans because the loans are guaranteed by the federal government, so there is almost no risk involved. Because of the guarantee, lenders are more secure with the loan, and can offer lower long-term fixed interest rates and fewer points.
• The FHA will stand by you in case of an emergency. Most lenders help you get your mortgage loan, and then leave you on your own. Your mortgage may even be sold to other companies, and you would never deal with your original lender again. The FHA stays with you for the life of your loan, and they can help you if you get in trouble. If for any reason you get to the point of default or foreclosure on your home, you should contact the FHA immediately. The FHA has programs that can help you retain ownership of your home in times of crisis.
• CLICK TO START YOUR FHA LOAN NOW!

REVERSE MORTGAGES

Whether seeking money to finance a home improvement, pay off a current mortgage, supplement you retirement income, or pay for healthcare expenses, many older Americans like you are turning to “reverse” mortgages. They allow older homeowners to convert part of the equity in their homes into cash without having to sell their homes or take on additional monthly bills. In a “regular” mortgage, you make monthly payments to the lender. But in a “reverse” mortgage, you receive money from the lender and generally don’t have to pay it back for as long as you live in your home. Instead, the loan must be repaid when you die, sell your home, or no longer live there as your principal residence. Reverse mortgages can help homeowners who are house-rich but cash-poor stay in their homes and still meet their financial obligations. To qualify for most reverse mortgages, you must be at least 62 and live in your home. The proceeds of a reverse mortgage (without other features, like an annuity) are generally tax-free, and many reverse mortgages have no income restrictions.

APPLY NOW!