Buy It

Home loans to purchase a home in our lending areas.

Fix It

With each NFC mortgage loan, receive up to $10,000 in forgivable loans for home repair.

Love It

Let us help you save money with a home improvement or refinance loan to maintain your home.

Loans Tailored For You

  • Our loans have no income restrictions. The home must be located in one of our lending areas.

  • A forgivable loan of up to $10,000 can be used to help pay for property repairs and improvements on the home you purchase or on a current home. The loan is forgivable if you stay in the home for five years and is paired with a repayable loan.

  • Eligible home buyers may also receive a Neighborhood Reinvest deferred loan of $10,500 and subsidy (forgivable loan) of up to $2,500 to assist with down payment and/or closing costs on a purchase transaction.

  • 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 Cities of Des Moines, Cedar Rapids, West Des Moines, Windsor Heights, Polk County, area financial institutions, and neighborhood associations of Des Moines and Cedar Rapids.  Together we are improving neighborhoods.

  • NFC is a Chartered Member of NeighborWorks America, a national organization that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.