Frequently asked questions

Frequently asked questions

What is Next Level?

Who is Notable and what is their relationship with Coldwell Homes?

Are there any requirements for my client to use Next Level?

What is the maximum loan amount my client can be approved for?

When is the loan due?

What are the expected interest rates?

What if my client is also buying? How will this affect their buying process if financing?

Are there any restrictions on contractors or how the loan funds are used?

How do my clients pay vendors or get reimbursement for out-of-pocket payments?

Can we request more money?

What happens at closing? How does my client repay their loan?

What if the deal terminates or the client backs out and terminates the listing agreement?

¹ Results may vary. Coldwell Banker Real Estate Group and Notable Finance, LLC do not guarantee or warranty any results.

² Subject to the terms and conditions of the Notable Finance, LLC loan agreement and notablefi.com/terms. Coldwell Homes is not providing loans as part of the Next Level. Next Level loans are provided by Notable Finance, LLC, NMLS# 1824748. For all Borrowers in California: Loans are made or arranged pursuant to a California Finance Lenders Law license. For all Borrowers in Virginia: Notable Finance, LLC is licensed by the Virginia State Corporation Commission, CFI-243. Loan eligibility is not guaranteed and all loans are subject to credit approval and underwriting by Notable. Rules and exclusions apply.

³ Interest applies. Loan funds and interest are due upon loan acceleration, twelve months after origination, termination of the listing agreement, or the date on which Notable otherwise suspends the loan for any reasons stated in the loan agreement, whichever occurs sooner.

⁴ Notable reserves the right to change underwriting and eligibility criteria at any time without notice.

Notable Finance is a registered trademark with the USPTO.

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