Financing Options

In general, purchase of one of the NNN's homes requires that the homebuyer be able to qualify for traditional financing through a reputable bank or credit union (we can recommend some that we have worked with in the past). Applicants must also be able to demonstrate a reasonable credit history and responsible credit usage.

 

Assistance
For those who have credit challenges, the NNN may refer you to one of the City's two programs designed to assist first time homebuyers. The Community Homebuyer's Corporation is able to provide mortgages to those individuals who may not be able to obtain traditional financing. Whereas the REWARD Program provides a series of classes and individual counseling to help individuals become credit worthy and then provides down payment assistance.