Neighborhood Finance Corporation - Cedar Rapids

Neighborhood Finance Corporation - Cedar Rapids Des Moines NMLS # 8943 Equal Housing Lender
Cedar Rapids NMLS # 1757818 Equal Housing Lender Together we are improving Cedar Rapids neighborhoods.

NFC is a nonprofit mortgage lender specializing in sustainable homeownership, home renovations, and revitalizing neighborhoods through collaborative partnerships. Through a partnership of the City of Cedar Rapids, local financial institutions and private businesses, NFC-Cedar Rapids provides unique home loans in NFC lending areas to encourage neighborhood revitalization in Cedar Rapids. NFC Offers

:
Purchase Loans (buying a home)
Refinance Loans
Home Improvement Loan
Down Payment Assistance Loans

What is the NFC Advantage? Forgivable loans for home improvements with every mortgage loan. The subsidy (forgivable loan) of up to $15,000 is used to help pay for property repairs and improvements. Eligible home buyers also receive a subsidy (forgivable) up to $2,500 to assist with down payment and/or closing costs on a purchase transaction. Please note, there are several factors to consider when determining if the borrower can receive the closing cost subsidy and if so, how much. Final determination cannot be made until a completed application and supporting documentation have been reviewed by NFC. 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 City of Cedar Rapids, local financial institutions and private businesses.

The NFC team is excited to be at the Cedar Rapids Farmers Market and Buy Local Initiatives this Saturday, June 6! Make a...
06/03/2026

The NFC team is excited to be at the Cedar Rapids Farmers Market and Buy Local Initiatives this Saturday, June 6! Make a plan to join us for a wonderful morning.

We’ll be ready to answer your NFC questions near the City of Cedar Rapids Iowa Government tent where you can be included in The Gazette's community time capsule! ☀️ Details below.

Des Moines NMLS # 8943 Equal Housing Lender
Cedar Rapids NMLS # 1757818 Equal Housing Lender

Fifty years from now, someone will open this capsule and get a glimpse into our lives, our community, and this moment in history.

The Gazette is pleased to work besides The History Center, Cedar Memorial, and Roland Wilbert Vault Co. to create a community time capsule that captures life in 2026.

From everyday objects to handwritten messages, your contribution could become part of history.

📍Cedar Rapids Downtown Farmers Market (The Gazette Booth)
📅June 6th AND July 18th | 7:30am - Noon

Mark your calendars to join us and the Cleveland Area Neighborhood Association - Cedar Rapids, Iowa on Saturday, June 13...
06/03/2026

Mark your calendars to join us and the Cleveland Area Neighborhood Association - Cedar Rapids, Iowa on Saturday, June 13th for their Safety & Wellness Fair! We will be around to answer questions and meet residents.

Des Moines NMLS # 8943 Equal Housing Lender
Cedar Rapids NMLS # 1757818 Equal Housing Lender

This backyard is ready for your next summer hangout and bonus, this house is also located in the NFC Lending Area!As a h...
06/02/2026

This backyard is ready for your next summer hangout and bonus, this house is also located in the NFC Lending Area!

As a homebuyer working with NFC, you could qualify for up to $15,000 in forgivable funds towards the improvements you want to make to this house and borrow more with your purchase loan if needed! ✨🏡

Also now available, $15,000 in down payment assistance for qualified homebuyers! Call our office today to learn more. 319-777-7127

www.zillow.com/homedetails/642-38th-St-NE-Cedar-Rapids-IA-52402/73059194_zpid



Des Moines NMLS # 8943 Equal Housing Lender
Cedar Rapids NMLS # 1757818 Equal Housing Lender

The NFC team is excited to be at the Cedar Rapids Farmers Market and Buy Local Initiatives this Saturday, June 6! Make a...
05/31/2026

The NFC team is excited to be at the Cedar Rapids Farmers Market and Buy Local Initiatives this Saturday, June 6! Make a plan to join us for a wonderful morning. We’ll be ready to answer your NFC questions near the City of Cedar Rapids Iowa Government tent! ☀️

Des Moines NMLS # 8943 Equal Housing Lender
Cedar Rapids NMLS # 1757818 Equal Housing Lender

The Cedar Rapids Downtown Farmers Market is back for its 21st season! 🌽🎶

Enjoy live entertainment, great food, and 200+ vendors at this award-winning summer tradition—select Saturdays from 7:30 a.m. to noon.

📅 May 30 | June 6 & 20 | July 18 | August 1 & 15 | September 5 & 19

Check out this new construction made possible with NFC 0% Construction Loan! NFC is partnering with ABODE COMPANIES INC ...
05/30/2026

Check out this new construction made possible with NFC 0% Construction Loan!

NFC is partnering with ABODE COMPANIES INC in partnership with the City of Cedar Rapids Iowa Government ROOTs Program to build 7 townhomes (14 total units) for new homeowners.

Des Moines NMLS # 8943 Equal Housing Lender
Cedar Rapids NMLS # 1757818 Equal Housing Lender

Please join us in celebrating our Vice President of Lending Terry on his special day! ✨🥳 We appreciate you leading our l...
05/28/2026

Please join us in celebrating our Vice President of Lending Terry on his special day! ✨🥳

We appreciate you leading our lending team and sharing about the latest records you’ve found for your collection!

Cedar Rapids homeowners invited over family and friends to see their home renovations made possible by partnering with N...
05/28/2026

Cedar Rapids homeowners invited over family and friends to see their home renovations made possible by partnering with NFC! ☀️

We celebrated NeighborWorks America Weeks too!



Des Moines NMLS # 8943 Equal Housing Lender
Cedar Rapids NMLS # 1757818 Equal Housing Lender

Last Friday was a BUSY day in the NFC office! We celebrated THREE loan closings in one day. 🎉One of the loan closings wa...
05/27/2026

Last Friday was a BUSY day in the NFC office! We celebrated THREE loan closings in one day. 🎉

One of the loan closings was for Elliot and Nina who bought their FIRST house with NFC’s forgivable and deferred financing. With our assistance, they are able to replace the roof on their garage, replace the furnace, AC, and water heater, along with remodel a bathroom, AND added insulation to their home too. Congrats on your home renovations!

Des Moines NMLS # 8943 Equal Housing Lender
Cedar Rapids NMLS # 1757818 Equal Housing Lender

Our NFC Offices are CLOSED today, Monday, May 25th, for Memorial Day. Enjoy the day! ☀️
05/25/2026

Our NFC Offices are CLOSED today, Monday, May 25th, for Memorial Day. Enjoy the day! ☀️

Address

1800 First Avenue NE, Suite LL 1
Cedar Rapids, IA
52402

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

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