Milestone Updates
New American Funding keeps you top of mind with co-branded Loan Status update emails to keep the client in the loop every step of the way.
Co-branded closing cards are mailed to our mutual clients with information on how to download closing documents.
Personalized co-branded greeting cards sent to clients for years after a loan closes on birthdays, holidays and loan anniversaries.
DOORHANGERS
LISTING BOOKLETS
DIGITAL FLIPBOOKS
Turn any of our booklets into a virtual flipbook to send digitally to clients via text or email. Scan to see an example.
LUXURY BUSINESS CARDS
LISTING EXAMPLES
LICENSED IN ALL 50 STATES
Loan Programs
Your Purchase Lender
Standard Programs
Conventional
• Down Payment as Low as 3%
• Fixed or Adjustable Rates
• Down Payment Assistance Programs Available
• Non-Occupying Co-Borrowers Allowed
FHA
• Down Payment as Low as 3.5%
• Lower Credit Score Flexibility
• Higher Allowable Debt to Income Ratios
• 100% Financing with DPA
VA
• 100% Financing
• No Monthly Mortgage Insurance Premiums
• Flexible Underwriting Guidelines
USDA
• 100% Financing
• Lower Credit Score Flexibility
• Gifts for Closing Costs Allowed
Jumbo
• Borrow up to $3 Million
• Credit Score as Low as 700
• Eligible for Primary Residence, Second Home or Investment Property
• Warrantable and Non-Warrantable Condos Permitted
Renovation
• FHA and Conventional Programs
• Purchase or Refinance
• Principal Residence, Second Home or Investment Property
• Ability to Finance Repairs and Home Improvements
Specialty Programs
NAF Cash
• Allows Buyer to Become a Cash Buyer
• Buyer Can Purchase New Home Without Selling Current Home
• Conventional and VA Loans Allowable
Lock In & Float
• Lock In Your Rate - Rate Can’t Increase
• If Rates Improve during Locked Period, You Can Float Down to a Better Rate
Bank Statement Program
• Self Employed Borrowers can use Business Bank Statements to Qualify
• Purchase New Home Without Selling Current Home –Exclude Payment in Debt to Income Ratio
• Purchase, Refinance or Cash-Out
• Primary, Second Home or Investment Property Eligible
NAF Bridge Loan
• Use Equity From Your Existing Home Towards the Purchase of a New Home
• Ability to Present a Strong Non-Contingent Offer, Giving You a Competitive Edge in the Market
• No Monthly Payments During the Loan Term Reducing the Financial Stress of managing Two Mortgage Payments
Buydown Options
• Lower Interest Rate for the First Few Years of Mortgage
• Available on Conventional, FHA VA and USDA Loan Products
• 1/0, 1/1/1, 2/1, and 3/2/1 Buydown Options Available
Down Payment Assistance
• Additional Funds for Down Payment and Closing Costs
• Chenoa
• Freddie Mac BorrowSmartSM
Recast Option
• Borrower can Reduce the Principal Balance
• New American Funding will Re-Amortize the Loan based on the Remaining Term and Payments will be Reduced
• Multiple Recasts can be Completed during the Life of the Loan
• PMI can be Eliminated in Some Scenarios
Loan Programs
NAF Cash
Buying in cash means convenience, certainty and could mean a cost saving too. With NAF Cash, an affiliated company of New American Funding, you can make a competitive, true cash offer that is not contingent on financing and close in as little as seven days without having to sell your current home first.
Program Highlights:
• Allows Buyer to Become a Cash Buyer
• Purchase Your Dream Home Before Selling Your Current Home
• Help Qualified Buyers Win in Multiple Offer Environment
• Conventional and VA Loan Programs Allowable
NAF Bridge Loan
Avoid missing out on the home you really want because your current home has not yet sold. This product bridges the gap by giving you funds to cover the new purchase while finalizing the sale of your current home.
Program Highlights:
• Use Equity From Your Existing Home Towards the Purchase of a New Home
• Ability to Present a Strong Non-Contingent Offer, Giving You a Competitive Edge in the Market
• No Monthly Payments During the Loan Term Reducing the Financial Stress of managing Two Mortgage Payments
NAF Recast
The NAF Recast allows you to buy your next home now and adjust your Mortgage balance later. With a recast, you can purchase without selling first, then apply proceeds from your sales to reduce your mortgage balance and monthly payment.
Program Highlights:
• Reduce Principal Balance and Re-Amortize Loan
• Monthly Payments Reduced Accordingly
• PMI Can Be Eliminated in Some Instances
Turn Your Clients Into Cash Buyers
Follow these steps to make your buyer a cash buyer with NAF Cash!
STEP 1
Get Cer tified
Join a FR EE 4 5 - minu te N A F Cash LLC training
STEP 2
Get Your Clie nt Pre -A pproved
Get your client pre - approved with New A merican Funding!
STEP 3
Complete N A F Cash Docume nts
Work with your N A F Cash Transac tion Coordinator to submit the required documents.
STEP 4
Get Ready to Write Cash Of fers
Your N A F Cash Transac tion Coordinator will notif y you once the client has been approved and they can begin making a cash of fer
STEP 5
O f fer Accepted
Close and move in quickly! At this point , you will work closely with your N A F Cash Transac tion Coordinator
The New Way to Buy a Home
New American Funding Can Show You How to Turn Your Clients into Cash Buyers
Buying in cash means convenience, cer tainty, and may mean cost savings too. In fact, buying in cash may help your clients save up to 11% over those using a traditional mor tgage.1
With NAF Cash, an affiliated company of New American Funding, your buyer can make a competitive, true cash offer that is not contingent on financing and close in as little as seven days. You know what that means for you.
B E N EF I T S
• Clients can buy their new home before selling their current home
• Sellers may be more likely to offer concessions to cash buyers
• Get commissions quickly
• Use potential savings to buy down interest rate
• No fees for agents
• Close on more homes faster
