HOME LOAN
Loans for the purchase of new or existing homes including manufactured homes on or off tribal lands. Enrolled status in a federally recognized tribe, homebuyer education class and other requirements for certain products and down payment assistance. Valid homesite lease and utilities required.
| AMOUNT: | 97.75% of Value |
| TERM: | 30 Years |
| MAX DTI: | 41% |
| RATES: | Prevailing Market Rates |
| INCOME: | No Income Limit |
Terms reflect by HUD 184 product parameters. However, NCC home loan products may vary based on other investor requirements or guidelines.
Down Payment & Closing Cost Assistance Available for Qualified Borrowers.
NMLS ID #1950947
Equal Housing Lender
CONSTRUCTION LOAN
Loans for the construction of new homes or rehabilitation / additions to existing homes on or off tribal lands. Enrolled status in a federally recognized tribe, homebuyer education class and other requirement for certain products and down payment assistance. This product may be paired with a longer-term mortgage loan.
| AMOUNT: | 97.75% of Value |
| TERM: | 30 Years |
| MAX DTI: | 8% |
| INCOME: | No Income Limit |
Terms reflect HUD 184 loan parameters. However, NCC home loan products may vary based on other investor requirements or guidelines.
NMLS ID #1950947
Equal Housing Lender
REFINANCE LOAN
Rate/Term Refinance, Cash Out Refi, or Streamline Refinances. Refinance allows for debt consolidation, home improvement, or equity cash out. Appraisal required. Investor guidelines to prevail over qualifying LTV ceiling.
| AMOUNT: | 97.75% of Value for Rate/Term Refi
85% of Value for Cash-Out Refi |
| TERM: | 30 Years |
| MAX DTI: | 41% |
| RATES: | Prevailing Market Rates |
| INCOME: | No Income Limit |
Terms reflect HUD 184 loan parameters. However, NCC home loan products may vary based on other investor requirements or guidelines.
NMLS ID #1950947
Equal Housing Lender
DEBT CONSOLIDATION LOAN
Loan applicants who do not immediately qualify for a home or small business loan may be eligible for a one-time debt consolidation loan upon completion of a financial literacy class and credit counseling.
| AMOUNT: | $10,000 Max |
| TERM: | Up to 60 Months |
| RATES: | 8% – 12%+ |
| FEES: | 2.5% Origination & Other Fees |
Terms listed are generalized.
NMLS ID #1950947
Equal Housing Lender