Unique Mortgage Products with NextMortgage and Kristin Eck

Dated: April 26 2024

Views: 80

Recently I had the opportunity to sit down with Kristin Eck, Regional Manager with NextMortgage and talk about select mortgage loan products they offer. Here's a link to the video.

We went through multiple products, but I wanted to highlight three that I think are unique:

-HomeFundIt - A crowd sourcing program that allows you to raise funds from anyone for the cause of purchasing a home. Great for wedding gifts and graduation gifts. Wouldn't this be fabulous for a high school graduation gift, or, in place of that china nobody uses anymore. Donors don't need to be relatives to donate. NextMortgage will match with a grant up to $2,000! There's no time limit on this so it could be set up for a child. What grandparent wouldn't want to donate a little extra for birthdays if they know it can be used for a home later on.

-List & Lock - Gives the seller the ability to market a lower interest rate than what's available. Seller is agreeing to pay a certain amout towards closing costs to buy the interest rate down. Think of this program as what new construction offers sometimes, but for existing homes.

-List & Lock & Save - Same as the program above but if a seller offers List & Lock, the buyer takes advantage of the List & Lock program and the seller buys another home and uses NextMortgage, they will be eligible to receive up to $5,000 towards the closing costs of their next home purchase loan. Information is in the gray box at the bottom of the link.

Interested in any of the programs NextMortgage offers? Reach out - I'm happy to send you a flyer.

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Wendy Anderson

When it comes to buying or selling a home, standing out is the key to success. Finding a professional who can think outside the box while remaining dedicated to your best interests is important during....

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