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Program management & compliance services

Below is an overview of the support services we provide in the management of affordable housing programs.

Program Management Services

NHF works closely with Participating Lenders to provide down payment assistance programs to qualifying homebuyers, which includes the following services:

  1. Development of program guidelines, manuals, reference material and applicable program documents;
  2. Maintenance of an online resource center for Participating Lenders;
  3. Provision of training and educational seminars for mortgage professionals (lenders, realtors, etc.);
  4. Management of an Online Reservation System;
  5. On-going communication and support to Participating Lenders; and
  6. Provision of marketing templates for Participating Lenders to promote programs to potential homebuyers.

Compliance Review Services (MCC Programs)

NHF performs compliance review of the following criteria for MCC programs:

  1. Income limits;
  2. Purchase price limits;
  3. Homebuyer and homeownership eligibility; and
  4. MCC Fees.