Services for Lenders
Business benefits
Fee income
Online resources
Online rate lock
QuickClose
Training
Business benefits
The North Carolina Housing Finance Agency presents a number of options that can help you not only increase your loan volume to first-time home buyers but to save time and realize some monetary benefits in doing so.
back to top
Fee income
You keep the origination fee (maximum 1%) for any loans you originate for our programs. In addition, you also receive $250 for any loans you originate that include the Agency’s downpayment assistance. The servicing premium is negotiated between you and the servicer.
back to top
Online resources
Our guides and brochures are available as Adobe Acrobat PDFs. If you don’t have the Adobe Acrobat Reader, you can download it free of charge from Adobe.
You can also order supplies and printed copies of our guides and brochures using the "Order Supplies" link at the bottom of the column to the left.
Online Lender Services
Use our online system to submit loan reservations, lock in interest rates, and check the status of your loans. You can also download loan forms pre-filled with information you entered when you made the loan reservation.
Download the User Guide.
Go to Online Lender Services System.
Program guides
These guides have all the details about our programs, from eligibility guidelines for buyers, property, and lenders to all the forms and worksheets you’ll need to process and close a loan.
FirstHome Mortgage Program Guide
Mortgage Credit Certificate (MCC) Program Guide
Marketing brochures
Marketing brochures will help your clients understand our programs. You can download the pieces below in PDF format.
Let’s Make Home Happen (English) or Let's Make Home Happen (Spanish) is a thorough explanation for home buyers of our FirstHome Mortgage, downpayment assistance, Job Loss Feature and Mortgage Certificate Credits. Written in easy-to-understand language, it tells prospective home buyers about eligibility, qualifying incomes and home prices, recapture, and much more.
Buying Your First Home? Save up to $2,000 a Year on Your Income Taxes can educate your clients on how they might save up to $2,000 a year on their federal taxes by using a Mortgage Credit Certificate (MCC). Since the MCC is an immediate credit, your buyers can change the withholding allowances on their W4s and increase their take home pay, helping them to qualify for a home.Call Shelby Jeffries at 919-877-5710 to order copies of this flyer for your business.
Buying a Foreclosed Home? You May Qualify for $14,900 in Downpayment Assistance explains how first-time buyers purchasing foreclosed properties may receive help under the Neighborhood Stabilization Program.
For Sale: What Recapture Means for You (English) or For Sale: What Recapture Means for You (Spanish) explains the purpose and the process of recapture and also answers some frequently asked questions. Again, this piece is written with the home buyer in mind, so the language is clear and understandable.
Forms and applications
See a comprehensive list of all the forms and applications associated with our programs. You can also access these forms in the Online Lender Services system, where they will be pre-filled with information you’ve already entered to save you valuable time.
back to top
Online rate lock
Using our Online Lender Services, you can lock in interest rates for 90 days, 24 hours a day, seven days a week.
back to top
QuickClose
Lenders who qualify for our QuickClose process may close loans without prior approval from the Agency (i.e., no waiting period for the Conditional Commitment). To qualify, a lender must have closed at least 15 loans within the 12 months prior to applying for QuickClose status. The lender’s underwriter must meet certain criteria and complete training for QuickClose.
For further information, see Section 4.3 of the FirstHome Mortgage Program guide.
back to top
|
Lenders & Servicers
Home Builders
