Gene DiPaula, Author at NFM Lending

COLUMBUS, OH, December 29, 2016 — NFM Lending is pleased to announce the opening of a new branch in Columbus, Ohio, led by Sr. Vice President and Regional Manager for Ohio, Daniel Sa. The branch will focus its lending platform throughout Columbus and the surrounding area. NFM Lending offers Conventional, FHA, VA, USDA, FNMA, Jumbo, and many other loan options.

“I am so honored and excited to announce that we are adding Daniel and his team to the NFM family,” said David Silverman, CEO of NFM Lending. “This is an absolute powerhouse of a team. Daniel has been absolutely exploding in Columbus and has a terrific team that is not only going to grow, but dominate the Columbus and surrounding markets. Daniel is a terrific leader and he cares deeply about his team, clients, and referral partners, and he works diligently and aggressively every day to improve the experience for everyone.”

Sa has over a decade of experience in the mortgage industry. He was named a 2016 Five-Star Mortgage Professional and says he looks forward to continuing to grow with NFM Lending.

“I couldn’t be more excited about the decision to join the NFM family,” said Sa. “The people and operations associated with NFM, along with the strategic plans we have for the future, will provide us with a significant advantage in this highly competitive industry. Our focus on being the best and not the biggest is a clear indication of our commitment to our clients’ best interests, and it provides a path of sustainable growth for our future.”

The branch is currently hiring qualified Loan Originators for full and part-time positions. The branch’s goal is to provide top-notch service, commitment, and dedication to borrowers, ranging from first time homebuyers to seasoned buyers looking for their next home, a second home, or investment properties. Visit the branch page to learn more: http://www.nfmlending.com/OH330.

NFM Lending is a mortgage lending company currently licensed in 29 states in the U.S. The company was founded in Baltimore, Maryland in 1998. They attribute their success in the mortgage industry to their steadfast commitment to customers and the community. NFM Lending has firmly planted itself in the home loan marketplace as “America’s Common Sense Residential Mortgage Lender.™” For more information about NFM Lending, visit www.nfmlending.com, like our Facebook page, or follow us on Twitter.

LINTHICUM, MD, December 5, 2016— NFM Lending is proud to announce that it was named a Top Workplace in the Baltimore area by The Baltimore Sun. This is the fifth year in a row that NFM Lending has received this honor.

Each year, The Baltimore Sun distributes a survey to employees of Baltimore area workplaces. The survey analyzes the job satisfaction and engagement of the employees along with the values and organizational health of the company.

“It inspires me that we are able to consistently remain on this list,” said Bob Tyson, COO/CAO. “I view this as a true testament to the culture we work so hard to grow and nourish every day.”

NFM Lending prides itself on its exceptional culture. The company’s executive team has an open door policy, which allows a clear line of communication between management and staff. Employees are encouraged to voice their questions and concerns directly to management so that they can be addressed promptly and correctly. Managers often surprise staff members for their birthdays, and the company holds contests, holiday celebrations, health fairs, and other initiatives to show employees their appreciation.

In addition to this most recent award, NFM Lending has been recognized many times for its exceptional company culture. In 2016, it was named one of the Washington Post’s Top Work Places in the Washington, D.C. area for the second year in a row, a Top Mortgage Employer by National Mortgage Professional Magazine, and one of Mortgage Executive Magazine’s Top 50 Best Companies to Work For for the second year in a row. NFM Lending is proud of each member of its team and the work they do to make NFM a Top Workplace.

LINTHICUM, MD, December 1, 2016— NFM Lending is pleased to honor Master Sergeant Joseph Bluver, Ret. as the NFM Salute for December 2016

Joseph joined the Illinois Air National Guard in 1984 at the age of 17. After graduating in 1985, he left for Lakeland Air Force Base (AFB) in San Antonio. While attending technical school training at Lowry AFB in Denver, he studied Air Force food service. During his first assignment with the 126^th Air Refueling Wing Services Flight, he began his career as an apprentice Cook, advancing quickly through the ranks to hold positions such as Senior Cook, Supervisor, and Food Production Manager.

In 1991, during Operation Desert Storm, Bluver was put on active duty, and stationed at Grissom Air Force Base in Indiana. He left the Illinois National Guard after 16 years and joined the Air Force Reserves. In 2000, he transferred to the Air Force Reserves 440^th Services Flight in Milwaukee. In 2003, during Operation Iraqi Freedom, Bluver was once again placed on active duty. He was stationed in North Dakota at Grand Forks Air Force Base attached to the 319^th Services Squadron, where he was the assigned Safety and Training Manager in areas such as lodging, base gym, and the dining hall. Bluver retired from the Air Force Reserves in 2004 after more than 20 years of service. Bluver was nominated by his wife, Terri Landey-Bluver whom he married in 1999. They live with their two sons in Lake in the Hills, Illinois.

“There isn’t anything Joe wouldn’t do for you,” said Landey-Bluver. “He would give you the shirt off his back if you asked him for it. He was always there for his servicemen. He would always go beyond on his duties. He was always the first to volunteer to go on a deployment, whether it was stateside or overseas. It was hard once we had children, but he was up for the challenge and continued his service for several years once we had kids. Joe is very committed to everything he does, and does it very well.”

NFM Salutes is an initiative in which one military member or Veteran is chosen each month to be honored as the “Salute of the Month.” Salutes are chosen from nominations on the NFM Salute website, www.nfmsalute.com. The “Salute of the Month” will be featured on the website with a brief biography and information about his or her service, and NFM Lending will make a $2,500 donation to a military or Veteran non-profit in the Salute’s name. Bluver chose Platoon 22 to receive this month’s donation.

Selected NFM Salutes may choose from one of the following four non-profits: Platoon 22, AnySoldier, Soldier’s Wish, and the Gary Sinise Foundation. NFM looks forward to the opportunity to continue to honor military and Veterans through the NFM Salute initiative.

Recently, we answered the Top Five Questions About Jumbo Loans. This week, we will discuss VA loans. If you or your spouse is a Veteran or serving in the military and planning to purchase a home soon, these tips will help you decide whether a VA loan is right for you.

The Veterans Affairs (VA) loan program was introduced by the Servicemen’s Readjustment Act, also known as the GI Bill of Rights. These loans are insured by the United States Department of Veteran Affairs, and were designed to provide Veterans and service members with a federally guaranteed home loan with little or no down payment, so that they and their families can take part in the American Dream of homeownership.

Veterans and active duty service members are eligible for the VA loan program. The surviving unmarried spouse of a deceased Veteran may also be eligible for a VA loan. More information about eligibility for VA loans can be found on the VA website.

VA loan limits are the amount a qualified Veteran or active duty service member with full entitlement may be able to borrow without making a down payment. How much you can borrow with a VA loan will depend on your lender and the county you are buying your home in. The basic entitlement available to each eligible Veteran or active duty service member is $36,000; lenders will typically lend up to 4 times a Veteran’s available entitlement, if the Veteran’s income and credit qualify.

VA loans will finance up to 100% of your home purchase, meaning that you may be able to purchase a home with no down payment.

Most Veterans purchasing a home with a VA loan will be required to pay a VA funding fee. The purpose of this fee is to reduce the cost of the loan to taxpayers, as the VA loan requires no down payment and often no private mortgage insurance (PMI). The amount of the funding fee depends on the loan amount, loan type, and your military category. Some VA home buyers are exempt from having to pay the VA funding fee.

VA loans offer no down payment requirement (for qualifying consumers) and often do not require PMI. Additionally, Cash Out Refinance loans allow you to take out up to 95% of the appraised value of your home as determined by VA. Some states also offer additional resources to Veteran homeowners, such as property tax reductions.

If you are a Veteran or active duty service member, you may be able to take advantage of the benefits offered by the VA loan program. For more information about VA loans, please visit the VA website. If you have more questions about buying a home with a VA loan, contact one of our licensed Mortgage Loan Originators. If you are ready to begin the home buying process, click here to get started!

*100% financing is available, sales price cannot exceed the appraised value. ** Veterans Affairs loans require a 1^st time funding fee, which is based on various loan characteristics, your actual loan amount may be higher than the purchase price.

LINTHICUM, MD, November 1, 2016— NFM Lending is pleased to honor Edward Strine as the NFM Salute for November 2016

Strine served in the U.S. Navy from 1944-1946, and spent much of his time in the military in the keel of a ship serving in the engine and fire rooms as a Fireman First Class. One of the carriers he served on during WWII was the USS Aaron Ward. On May 3, 1945, the Aaron Ward was attacked by Kamikaze airplanes, leaving Strine on the deck severely burned and dying. While one of his friends was loading up the soldiers who had not survived the attack into body bags to be thrown overboard, he noticed that Strine was still breathing and got him medical help, saving his life. Strine is featured in a book about the attack, and recently hosted a Navy Pilot who has been trying to meet the 13 remaining survivors of the 360 men aboard the USS Aaron Ward.

NFM Salutes is an initiative in which one military member or Veteran is chosen each month to be honored as the “Salute of the Month.” Salutes are chosen from nominations on the NFM Salute website, www.nfmsalute.com. The “Salute of the Month” will be featured on the website with a brief biography and information about his or her service, and NFM Lending will make a $2,500 donation to a military or Veteran non-profit in the Salute’s name. This month, NFM Lending will donate to Soldier’s Wish in Strine’s name.

“NFM Lending is a mortgage lending company currently licensed in 29 states in the U.S. The company was founded in Baltimore, Maryland in 1998. They attribute their success in the mortgage industry to their steadfast commitment to customers and the community. NFM Lending has firmly planted itself in the home loan marketplace as “America’s Common Sense Residential Mortgage Lender™.”

Recently, we answered the Top Five Questions About Conventional Loans. This week, we will discuss Jumbo loans. If you are planning to purchase a home soon, read on to learn more about whether a Jumbo loan might be right for you.

While a Conventional loan is one which conforms to the guidelines set by Fannie Mae and Freddie Mac, a Jumbo loan is one which exceeds the loan limits set by these entities. These set loan limits vary by location. The majority of U.S. cities have a loan limit of $417,000 on one-unit properties, while higher cost areas tend to have a higher loan limit of $625,500. Some areas have a loan limit that is in between these two numbers, or even higher.

If the home you are interested in cost more than the loan limit for your area, a Jumbo loan may be right for you. Your lender will be able to help you determine how much house you can afford, and see if a Jumbo loan fits your needs.

Because the amount of a Jumbo loan is higher than a Conventional loan, the requirements may be stricter. A Jumbo loan may require a higher down payment, a higher credit score, higher reserves, and a lower debt-to-income ratio than a Conventional loan. Additionally, a Jumbo loan may require two appraisals, instead of one.

Often, you will not have to pay PMI on Jumbo loans, as they usually require a higher down payment. PMI is designed for home buyers who make low down payments. However, since the down payment requirement will vary by lender, it is possible that your lender will require PMI in exchange for a lower down payment.

In addition to no PMI requirement, one of the main benefits that a Jumbo loan is that you will be able to afford more home than with a Conventional loan or other loan type. Additionally, a Jumbo loan will allow you some flexibility with your loan terms. You can choose a 15 or 30-year mortgage, and a fixed-rate or adjustable-rate mortgage, depending on your needs. Your lender will work with you to determine what kind of loan program is right for you.

If you are looking at homes that exceed the conforming loan limits for your area, a Jumbo loan may be the right financing option for you. If you have more questions about Jumbo loans, contact one of our licensed Mortgage Loan Originators. If you are ready to begin the home buying process, click here to get started!

The six NFM Lending employees to receive this honor were Bill Driscoll, Branch Manager in Raynham, MA; Brian Pintar, Branch Manager in Greenwood Village, CO; Greg Cowart, Branch Manager in Glen Allen, VA; Joni Moncure, Loan Originator in Glen Allen, VA; Amy Samsal, Branch Manager in Sarasota, FL; and Joy Shearer, Branch Manager in Greensburg, PA.

“We focus each day at NFM on supporting all of our originators through empowerment, listening to their opportunities, and continually providing resources that allow them to be successful in reaching higher production levels, while providing the best quality of customer experience possible,” said Jason Ponsonby, Director of Sales. “We are honored to have six members of the NFM family recognized as Five-Star Mortgage Professionals this year and congratulate them on this distinguished achievement.”

Each year, the Five Star Professional organization conducts research to identify the top service professionals in over 45 markets throughout the U.S. They recognize the wealth managers, real estate agents, mortgage professionals, home/auto insurance professionals, and dentists who provide quality service to their clients.

NFM Lending is a mortgage lending company currently licensed in 29 states across the United States. The company was founded in Baltimore, Maryland in 1998. They attribute their success in the mortgage industry to their steadfast commitment to their customers and their community. NFM Lending has firmly planted itself in the home loan marketplace as “America’s Common Sense Residential Mortgage Lender™.” For more information about NFM Lending, visit www.nfmlending.com, like our Facebook page, or follow us on Twitter.

LINTHICUM, Md. Oct. 12, 2016— NFM Lending is pleased to announce its sponsorship of the third annual St. Jude Against All Odds celebrity poker tournament at 5 p.m. on Saturday, Nov. 5 at The Joint inside the Hard Rock Casino and Hotel in Las Vegas, Nevada.

There will be a red carpet welcome, cocktail reception, dinner, and both live and silent auctions. Guests will have the opportunity to play poker and the option to play against celebrity poker players.

The event benefits St. Jude Children’s Research Hospital^®, which is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases. In fact, treatments invented at St. Jude have helped push the overall childhood cancer survival rate from 20 percent to more than 80 percent since it opened in 1962. St. Jude is working to drive the overall survival rate for childhood cancer to 90 percent and won’t stop until no child dies from cancer.

“It’s an honor for NFM to support this event,” said David Silverman, CEO of NFM Lending. “It’s one of the most professionally done charity events you could ever attend, and when you combine it with one of the finest organizations in the country, why wouldn’t you want to be involved? Event chair Daniel Negreanu does such an amazing job recruiting top talent and inspiring community support with his team of volunteers, so I am confident we will break last year’s previous fundraising efforts to help find cures and save children with cancer and other life-threatening diseases.”

NFM Lending supports many local charities and nonprofits through sponsorship and volunteer work. These include Ronald McDonald House of Baltimore, the Maryland SPCA, the National Council on Alcoholism and Drug Dependence, and the American Diabetes Association, to name a few. NFM also helps support Veterans and military members by holding an annual Support Our Troops Drive, where dozens of care packages are sent to troops overseas, as well as running the NFM Salute initiative, where Veterans and military members are honored for their service. For more information about NFM Lending’s nonprofit work, click here.

Recently, we answered the Top 5 Questions about FHA Loans. This week, we will discuss Conventional loans. If you are planning to purchase a home soon, read on to learn more about whether a Conventional loan might be the right financing option for you.

Conventional Loans
A Conventional or conforming loan is one which adheres to the guidelines set by Fannie Mae and Freddie Mac, and is not insured or guaranteed by the federal government. These loans can be fixed-rate or adjustable-rate. At any given time, approximately 35-50% of mortgages are conventional mortgages.

As with other loan types, credit score requirements for Conventional loans will depend on your lender. Conventional loans are designed for borrowers with good-to-great credit, and typically require a higher income and credit score than FHA loans.

The minimum down payment for a Conventional loan is 3% for fixed-rate mortgages, and 10% for adjustable-rate mortgages. It is usually a good idea to have a larger down payment saved up, as a down payment of 20% or more on a Conventional loan means that you will not have to pay a monthly mortgage insurance premium in addition to your monthly mortgage payment.

Fannie Mae loan limits for Conventional loans vary by state and county. The current loan limit for a 1-unit property in the continental United States is $417,000. For counties in the U.S. that have been designated as high-cost areas, the loan limit is $625,500. To see what the loan limit is in your area, click here.

Conventional loans allow you to choose between a 15- or 30-year term, with a fixed or adjustable interest rate. A fixed rate mortgage means that your interest rate remains the same throughout the life of the loan. An adjustable rate mortgage means that your interest rate will fluctuate throughout the loan term, based on market conditions and other factors. An adjustable rate mortgage allows you to take advantage of falling rates without having to refinance; however, your monthly payments will change periodically. A fixed rate mortgage means that your monthly payments will not change, and that you will not be affected if interest rates go up. What type of loan you should choose depends on your financial situation and how long you plan to live in the house. Your Loan Originator can assist you in selecting the right loan type for your needs.

One of the main advantages of Conventional financing is that you will likely be eligible for lower interest rates than with an FHA Loan. Another advantage is that you do not have to purchase mortgage insurance with a down payment of 20%; and if you do opt for a lower down payment, your mortgage insurance premium may be cheaper than it would be with an FHA Loan. Additionally, should you need to take cash out for any reason during your mortgage term, you may be able to “cash out” up to 85% of your home’s value.

LINTHICUM, MD, October 1, 2016— NFM Lending is pleased to honor Corvin Arterburn, Jr. as the NFM Salute for October 2016.

Arterburn and his friends joined the Navy to help with efforts during WWII in September 1944, while they were still in high school. Arterburn was on a Landing Craft Infantry (LCI) and a Landing Ship Tank (LST) that transported Japanese prisoners to Yokohama, Japan. After completing his service in the Navy in 1946, Arterburn returned to his small hometown of Glasgow, Kentucky, and finished up his senior year of high school. Later, Arterburn joined the Army Reserves. When the Korean War began, he was called up for active duty from 1950 to 1952, interrupting his college studies. He was stationed at Ft. Bragg, North Carolina, with the 18th Airborne Corp. as a Master Sergeant and an Army-trained stenographer. In 1951, he married his wife, Greta, with whom he had three children.

After he was discharged from the Army, Arterburn returned to college and graduated from the University of Louisville in 1957 with a degree in business, while raising a family and attending night classes after work. He entered the tech world early as a senior systems analyst and stayed in the field of early computers until he retired. Arterburn passed away in 1996.

“I’m very proud of my dad, who held this country dear to his heart, and was willing to step forward and serve in two military branches to help protect our wonderful nation,” said Cruse.

NFM Salutes is an initiative in which one military member or Veteran is chosen each month to be honored as the “Salute of the Month.” Salutes are chosen from nominations on the NFM Salute website, www.nfmsalute.com. The “Salute of the Month” will be featured on the website with a brief biography and information about his or her service, and NFM Lending will make a $2,500 donation to a military or Veteran non-profit in the Salute’s name. Cruse chose The Gary Sinise Foundation to receive this month’s donation.

CCPA Request

CPA FORM

First Name*
Last Name*
Address*
City*
State*
Zip*
Loan Number or last 4 digits of the Social Security Number*
Email*
Telephone Number*
Please re-enter the CAPTCHA code below

Contact Page

Name*
First Last
Email*
Phone Number*
Select what you are contacting us about:*
All FHA Case Transfer Requests must be sent in writing via email to: FHAINFO@nfmlending.com. The request must include the FHA Case number, the new lender’s Origination ID or Sponsor ID, the full subject property address, and a letter signed and dated by the borrower expressing desire for the transfer.
Request for payoff should be submitted to the current servicer of the loan:
If your loan is being serviced by the NFM Lake Zurich Servicing Center, please call 1-866-352-6802 to request a payoff. You can also request a payoff via the online borrower portal, if you are a registered user on the portal.
If your loan is being serviced by the NFM Lending Linthicum Maryland Office, you may submit the request to Servicing@nfmlending.com or call 1-866-765-1827.
Property Location
FHA Case Number*
New Lender's Originator ID*
Subject Property Address*
City*
State*
Zip*
New Borrower to subject property or Borrower and Property are the same?*
- New Borrower
- Same
Message
CAPTCHA
Comments
This field is for validation purposes and should be left unchanged.

Contact Me

First Name*
Last Name*
Phone Number*
Email Address*
Property State*
Loan Purpose*
How did you hear about us?
First and last name of referral source (if applicable)
Please type the characters below
Consent
- I agree to receive SMS Text Messages at the above phone number from NFM Lending for follow up purposes for banking products. Message and data rates may apply. Message frequency varies. Text HELP for help. Text STOP to cancel.
Name
This field is for validation purposes and should be left unchanged.