Not for profits (NFPs) can directly benefit if their supporters choose to finance or re-finance their home loans through NewCo Financial Services' not for profit partnership program.
The lender through NewCo will pay the NFP an upfront payment as well as an annual income stream. There are no additional costs to the borrower, but rather the lender will effectively pay the NFP for their referral business. NewCo facilitates the administration of all the payments to each NFP on a monthly basis.
NewCo has a national team of managers who will assist each NFP with marketing and promotional strategies. Together, they will develop the appropriate awareness campaign to promote this program.