New Hampshire Community Loan Fund in Concord, New Hampshire

Have had a great experience with this organization so far. They have been very attentive, professional, and responsive during our application process. We had been pre-approved with a different lender, but their restrictions on manufactured homes got in the way of a property we fell in love with. The application process is more strict and thorough than traditional lenders because it's a non profit. The interest rates can be higher than some traditional lenders, but I'm fine with that trade off when that money is going to getting more people into homes instead of the dicey ways many traditional lenders use their money. Hopefully, the future of this industry has more and more businesses/organizations following this excellent model.

when everyone said NO! NHCLF SAID YES! we got pre approved found our home! Then got the underwriters approvals once we found our home! I can't thank Pam Macdonald enough! and now we're working with Pam.L also so far great! they do require a good amount of information but they need to know you're able to make payments. I had to pay off a few debts to even be looked at but was nothing. to be able to own our own place. to have a yard that our 3 kids so needed in an exalent scool district is amazing. a goal we thought was out of our reach is now a reality and we're just waiting in a closing date! don't believe all the reviews! This program is a step in the right direction for homeownership! listen to them and do what they ask of you and you'll be ok! thanks again NHCLF! DREAMS DO COME TRUE WITH A LITTLE WORK!

Lost paperwork, rude people, no returned calls people always away from their desks, lost PAYMENTS, I could go on but they make me aggravated.

Don't Be Fooled ! Protect Your Hard Earned Credit Rating. READ MY STORY! This agency claims it helps lower income people get a loan with a credit rating as low as 585. They charge a $29.00 application fee. I had over 700+ credit so I thought it would be a breeze to get pre-qualified. They state on the application to check a box for a specific an amount of money requested or to check a box to just get pre-qualified. I didn't even have a place picked out yet, so the loan officer I spoke to, Ron Thompson advised to just ask to get pre-qualified. I had been working with a realtor who suggested I do the same. The loan application was extensive and still not enough. After being asked to provide even more documentation over the period of two weeks, I waited another two weeks and heard nothing back. I placed a follow up call to check on the progress and got an answering machine. I left a message and didn't hear anything back for another whole week. I tried again on the following Monday and again, never got the courtesy of a return phone call ! Another week went by and I got something in the mail from them, a denial ! One of the reasons for my denial they said was insufficient income for the amount requested. I never even gave an amount, as this was a pre-qualification only ! The second reason was I didn't have enough cash on hand/or insufficient funds to close the loan. The reason why I think this company is a scam is based on their own claim, on their website, that if pre-approved for a loan, they will provide $3250.00 to put down on the home and or for closing costs! Plus I had $4,000.00 in the bank !!!! They sent me my credit score from all three credit bureaus. +716, +694,+653 ! It is clear to me this company probably collects $29.00 an application hundreds of times a day. Think about it. Just 10 application fees is $290.00 dollars ! Simple math if they do hundreds a day and just hand out unjust and incompetent credit denials with no solid basis and dont even give you the courtesy of a return call as they even did when I placed another call to inquire why they said the loan amount I requested was too much when I never even gave an amount, still no return call. SHADY, SHADY, SHADY ! AND my credit score that I worked so hard on over 3 years, got dropped by over 20 points !! Roll the dice if you want but I would look into other options first ! Good Luck. I hope this helps someone.

Community Loan Funds interest is the highest around. They are suppose to help low income, but after financing with them for 5.5 years was told I did not qualify to refinance due to my income after being pre-approved and paying their application fees. I have excellent credit and they did not help in any way! Financed through another institution no problem.