National Family Mortgage Introduces Family Funded Reverse Mortgage

Peer-to-Peer Mortgage Leader Approaches $300M in Loan Volume

BOSTON, MA — (Marketwire — May 1, 2015) — National Family Mortgage, the U.S. marketplace leader for peer-to-peer mortgage loans, today announced the launch of their innovative, Caregiver Mortgage. The Caregiver Mortgage is a secured home equity line of credit crowdfunded by the relatives of a homeowner. It allows the homeowner to receive tax-free cash borrowed against home equity, knowing that their own family – and not a bank – is building equity in their home. The Caregiver Mortgage offers many of the features and benefits that attract borrowers to reverse mortgages, but without the costs and restrictions.

Institutional reverse mortgage products are constrained by several federal requirements that limit consumer choice and leave borrowers with poor one-size-fits-all options. For example, there are age and counseling requirements, as well as lending restrictions determined by age and location. Generally, institutional lenders also charge high closing costs, high interest rates, and hefty annual insurance premiums. Of course, home equity is lost as it’s transferred from the family over to the lending institution.

“The Caregiver Mortgage affords borrowers the resources and freedom to enjoy their retirement, while empowering lenders to provide financial support that is predictable, flexible, and will be repaid,” said National Family Mortgage CEO Timothy Burke. “The Caregiver Mortgage encourages family participation; our transparent loan management platform allows lenders to track their disbursements, add notes or receipts, and calculate year-end tax reports. Proper documentation sets clear expectations and prevents future misunderstandings with the IRS or between family members.”

Each lender has the ability to set their individual credit-line that will contribute to the
collective credit-line offered by all of the participants. While many lenders may intend to extend a fixed monthly disbursement, the Caregiver Mortgage grants the flexibility for lenders to make disbursements whenever needed; even daily, if necessary. The line of credit becomes due and must be paid in full when the last surviving borrower passes away, the last surviving borrower sells the home, or the term of the credit-line ends.

“We’re offering U.S. families creative, helpful products with real lasting value,” continued Burke. “Our peer-to-peer narrative is real; that is why we are so successful.”

To learn more, please visit: http://www.nationalfamilymortgage.com

About National Family Mortgage

National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. National Family Mortgage has originated over $290M in loan volume since inception, while keeping over $130M in interest within families.

National Family Mortgage Press Contact:
Jeanne Kleinberg
617.484.0025
marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/FamilyMortgage

National Family Mortgage Hits $200M in Peer-to-Peer Lending

Family Loan Company Originated over $15M in June 2014

BOSTON, MA — (Marketwire — June 25, 2014) — National Family Mortgage, the leading U.S. platform for peer-to-peer mortgage loans, today announced that it has surpassed over $200M in total loans funded.

National Family Mortgage reached $100M in total loan volume in July 2013, after 34 months of business, and has doubled that total in less than one year with June 2014 loan originations exceeding $15M.

“It’s extremely rewarding to know how many families we have been able to help realize their dreams, from buying a home to refinancing a bank mortgage to financing a home improvement project,” said National Family Mortgage CEO Timothy Burke. “It’s equally rewarding to know how many families we have empowered to invest in loved ones while earning a solid financial return. We’ve helped keep over $90M in interest with U.S. families.”

Loans between family members can work and build wealth for everyone when managed properly.

How are families working with National Family Mortgage?

(1) To manage down payment loans
(2) To manage 100% home financing
(3) To refinance an existing bank mortgage
(4) To fund a home improvement project
(5) To buy a relative’s home

Advantages for Borrowers:

SAVE MONEY: Borrow from your family and get a better interest rate; low origination fees and tax deductible.

NO RED-TAPE: Minimal paperwork and easing qualifying process.

GET THE HOME YOU WANT: Show that your financing is secure. Compete with cash buyers.

Advantages for Lenders:

EARN MORE MONEY: Invest in your family and earn more interest than from CDs, bonds, and savings accounts. Earn a monthly cash stream.

FINANCIAL PROTECTION: Prevent gift taxes; registered mortgage lien also prevents legal and estate planning problems.

RELATIONSHIP PROTECTION: Proper documentation sets clear expectations and year-end tax forms protect relationships.

“We have accomplished a great deal in a relatively short period of time,” continued Burke. “I’m grateful for our dedicated and hardworking team. We truly believe that our unique, award winning service is helping families achieve their dreams. We look forward to announcing a new product line that will accelerate our positive impact.”

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. National Family Mortgage has originated over $200M in loan volume since inception, while keeping over $90M in interest within families.

National Family Mortgage Press Contact:
Jeanne Kleinberg
781.577.5478
marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/FamilyMortgage

National Family Mortgage Achieves $150 Million in P2P Lending

Social Lending Platform originated over $85 million in 2013

BOSTON, MA — (Marketwire — January 6, 2014) — Less than six months after reaching the $100 million milestone, National Family Mortgage (https://www.nationalfamilymortgage.com), America’s leading online service for peer-to-peer mortgage loans, today announced that it has originated over $150 million in total loan volume. National Family Mortgage is on pace to facilitate an additional $150 million in person-to-person mortgage loans in 2014 alone.

“It is rewarding to see how many families we have been able to help realize their dreams, from buying their first home, to refinancing an existing bank mortgage, to financing home improvement projects.” said National Family Mortgage CEO, Timothy Burke. “It is equally gratifying to see our lenders earn solid returns while helping loved ones. As we gain momentum in 2014, we look forward to introducing more innovative, high-value products that build family wealth.”

National Family Mortgage’s safe and easy to use online documentation platform with automated payment processing allows consumers to invest in their own family members, structuring win-win transactions that are personally and financially rewarding for both parties. Lenders earn better returns than from traditional banking products, while borrowers save tens of thousands of dollars in interest payments and loan origination fees.

2013 also brought National Family Mortgage several of the most prestigious industry awards in the US, including: 2 American Business Awards, 3 WebAwards, 3 Communicator Awards, 4 Davey Awards, 2 W3 Awards, 2 Interactive Media Awards, 1 MarCom Award, and 1 Telly Award.

“We are honored to be recognized by so many standard-setting organizations,” continued Burke. “I’m incredibly proud of our team. We feel that these special awards validate the success of our business model, our commitment to saving consumers money, and our goal of changing the financial services industry for the better.”

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. National Family Mortgage has originated over $150 million in loan volume since inception, while keeping over $66 million in interest within families.

National Family Mortgage Press Contact:
Jeanne Kleinberg
781.577.5478
marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/FamilyMortgage

National Family Mortgage Achieves $100M in Peer-to-Peer Lending For Real Estate

Peer-to-Peer Lending Company Wins Top Industry Awards

BOSTON, MA — (Marketwire — July 15, 2013) — National Family Mortgage (https://www.nationalfamilymortgage.com), today announced that it has facilitated over $100 million in peer-to-peer lending volume, less than four months after passing $75 million in March 2013. National Family Mortgage expects to pass $200 million in peer-to-peer home loans during 2014.

“Baby Boomers seeking stronger investment yields continue to recognize the benefits of investing in their family. At the same time, as the residential real estate market heats up and institutional home loan interest rates rise, both Millennials and Generation X recognize the numerous win-win benefits of borrowing money from their family.” said National Family Mortgage CEO, Timothy Burke. “National Family Mortgage will continue to launch innovative financial products that save families money, and we will continue to efficiently serve the Financial Advisors, Tax Professionals, and Estate Planners, who value our fee-based solutions.”

Most National Family Mortgage clients report using their intra-family mortgage loan to purchase a home. Typical use cases include: (A) down payment loans secured as second mortgages, (B) one hundred percent financing, and (C) seller financing. Other National Family Mortgage clients report using their intra-family mortgage loan to refinance an existing bank mortgage, or to complete a home improvement project.

National Family Mortgage also continues to win top honors from leading national award groups. National Family Mortgage recently received a Telly Award for its online promotional campaign, “The Family Bank.” National Family Mortgage also recently captured three Communicator Awards, and has been nominated for two American Business Awards.

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. National Family Mortgage has originated over $100 million in loan volume since inception, while keeping over $44 million in interest within families. With interest rates that are typically lower than rates charged by a bank, National Family Mortgage allows consumers to take major steps toward achieving their dreams with help from family, while saving thousands of dollars. National Family Mortgage allows clients to document Intra-family Mortgages, Deeds of Trust, and Security Deeds on Single Family Homes or Condominiums in the following US states: AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, KY, ME, MA, MI, MN, MS, MO, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, TX, UT, VA, WA, WI, WY.

About The American Business Awards
The American Business Awards honor an all-inclusive spectrum of American business people and organizations. More than 3,200 entries were submitted to The 2013 American Business Awards and 320 executives nationwide participated in judging to determine this year’s award winners.

About The Communicator Awards
The Communicator Awards is sanctioned and judged by the International Academy of the Visual Arts. With over 6,000 entries received from across the US and around the world, the Communicator Awards is an annual competition honoring the best in advertising, corporate communications, public relations and identity work for print, video, interactive and audio.

About The Telly Awards
Founded in 1979, the Telly Awards is the premier award the best work of the most respected advertising agencies, production companies, television stations, cable operators, and corporate video departments in the world. With nearly 12,000 entries from all 50 states and numerous countries, the 2013 Telly Awards have been one of the most successful and competitive in the long history of the Telly Awards.

National Family Mortgage Press Contact:
Jeanne Kleinberg
781.269.5478
marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/FamilyMortgage

‘Sandwich’ Boomers Earn Better Returns with Peer-to-Peer Lending

National Family Mortgage Passes $75 Million in Peer-to-Peer Mortgages

BOSTON, MA — (Marketwire — March 25, 2013) — National Family Mortgage, America’s leading online solution for peer-to-peer home loans between relatives, today announced that it has facilitated over $75 million in total loan volume since launching in late 2010. National Family Mortgage’s safe and easy to use online documentation platform with automated payment processing allows consumers to invest in their own family members, entirely bypassing the broken banking system.

Eighty five percent of the company’s loans are between parents and their adult children. With average annual returns of 3.25%, National Family Mortgage has helped keep over $34 million of interest payments within U.S. families. Lenders earn better returns than from traditional banking products, while borrowers save tens of thousands of dollars in interest payments and loan origination fees.

“National Family Mortgage is empowering families to build their own bank. We allow consumers to customize their own loan and use our technology to transfer wealth, prevent tax problems, and protect relationships,” said National Family Mortgage CEO, Timothy Burke. “All of our loans are secured by registered mortgage liens – the IRS standard for the home loan interest deduction.”

How are families using National Family Mortgage?
Fifty four percent of borrowers report using their intra-family mortgage loan to help purchase a home. Typical use cases include: (A) down payment loans secured as second mortgages, (B) one hundred percent cash financing, and (C) seller financing.

Forty six percent of borrowers report using their low-interest family loan to either refinance an existing bank mortgage, or to complete a home improvement project.

What makes National Family Mortgage different?
Real estate loans and financial gifts with relatives can be a win-win for both sides, but should be documented properly. National Family Mortgage helps minimize the legal and federal tax consequences that can occur when family real estate loans and financial gifts are documented improperly – or not documented at all. Monthly loan payments can be automatically deducted from borrowers and credited to lenders – expectations are clear, relationships are protected, and IRS tax reporting is simple.

Is it easy to setup a loan with National Family Mortgage?
Absolutely. A traditional home loan application can takes weeks of work and waiting with no promise of approval. Lenders or borrowers can easily start their intra-family mortgage loan with National Family Mortgage online at https://www.nationalfamilymortgage.com. National Family Mortgage is an accredited member of the Better Business Bureau and proudly offers a money-back guarantee.

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. National Family Mortgage has originated over $75 million in loan volume since inception, while keeping over $34 million in interest within families. With interest rates that are typically lower than rates charged by a bank, National Family Mortgage allows consumers to take major steps toward achieving their dreams with help from family, while saving thousands of dollars.

National Family Mortgage Press Contact:
Jeanne Kleinberg
781.269.5478
marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/FamilyMortgage

National Family Mortgage Hits $50 Million in Peer-to-Peer Lending

Baby Boomers Seeking Better Returns Invest in Family

BOSTON, MA — (Marketwire — August 27, 2012) — National Family Mortgage, America’s premier peer-to-peer lending solution for home loans between relatives, today announced that it has surpassed $50 million in total loan origination since inception. National Family Mortgage’s safe and easy to use online platform allows consumers looking for solid investment returns to invest directly in their own family members, entirely bypassing the unacceptable interest rates and expensive origination fees offered by banks.

The Boston based company commenced operation in late 2010 and has exceeded 400 percent growth in loan volume over the last year. More than $30 million in loans has been originated through the platform in 2012, all across America. The majority of National Family Mortgage Lenders and Borrowers report they use the platform to beat the bank, keep money in the family, prevent IRS gift tax issues, and protect their relationships.

National Family Mortgage offers a flat fee product of $599, with an optional loan servicing program starting at $15 per month. Users select their own interest rate, between the appropriate IRS Applicable Federal Rate and a cap of 6.00 percent. All mortgages are registered with the proper government authorities, and just as with a bank loan, Borrowers’ interest payments are tax-deductible. Current loans terms, as determined by National Family Mortgage consumers, average 3.36 Percent Interest, 22 Years Fixed, Zero Points.

Most National Family Mortgage loans have been obtained by Borrowers to help fund the purchase of a home – from down payment loans to 100 percent financing. Approximately 46 percent of Borrowers have used National Family Mortgage products to fund home improvement projects, tap in to home equity, or refinance an existing bank mortgage.

“National Family Mortgage’s safe, easy, and affordable technology is changing the way families talk about money and building family wealth,” said National Family Mortgage CEO, Timothy Burke. “Our Lenders earn a solid monthly revenue stream they can reinvest however they choose, while preventing tax problems and helping loved ones succeed. Borrowers obtain reasonable mortgage loans, at fair interest rates, with low origination fees. We’re honored to have helped families across America keep over $24 million in interest away from the banks, while saving these families millions of dollars more.”

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. National Family Mortgage has originated over $50 million in loan volume since inception, while keeping over $24 million in interest within families. With interest rates that are typically lower than rates charged by a bank, National Family Mortgage allows consumers to take major steps toward achieving their dreams with help from family, while saving thousands of dollars.

National Family Mortgage Press Contact:
Jeanne Kleinberg
781.269.5478
marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/FamilyMortgage

Survey: Sandwich Generation Unaware of IRS Tax Laws When Gifting or Lending Money to Others

National Family Mortgage Emphasizes Importance of Proper Documentation to
Reduce Tax Troubles

BOSTON, MA — (Marketwire — July 9, 2012) — As generous Baby Boomers continue to provide financial support to family members during the current financial crisis, many are unaware of the complex tax laws regulating such transactions, according to the results of an online survey conducted between June 20 – 22, 2012 by Harris Interactive® on behalf of National Family Mortgage, the leading US service provider for home loans between relatives.

Several other recent, highly publicized surveys have reported that US Baby Boomers are providing significant financial support to both their adult children and aging parents. While financial experts have expressed concern over Boomers sacrificing their own retirement needs in order to help relatives, unsuspecting Boomers may also be inviting IRS tax troubles as a result of this good will.

In addition to these concerns, the IRS has launched a nationwide compliance initiative to investigate taxpayers who have transferred real estate to relatives for little or no consideration. As aging Americans seek to down-size their homes, while their adult children struggle to meet the banking industry’s rigid home loan standards, intrafamily transfers of real estate appear to have grown in popularity.

National Family Mortgage’s survey results expose a widespread unfamiliarity among Boomers with the IRS tax consequences of providing intrafamily financial support in the form of both loans and gifts.

Survey highlights include:

Loans to Family Members

Sixty-four percent of Americans ages forty-five and above are “not at all familiar” with a lender’s obligation to report earned interest income from certain loans to others, even if no interest is paid, at a rate equal to the appropriate IRS Applicable Federal Rate in effect at the time the loan was issued.

Financial Gifts to Family Members

Forty-six percent of Americans ages forty-five to fifty-four are “not at all familiar” with the IRS annual gift tax exclusion (currently, $13,000 per person.) Thirty percent of Americans ages fifty-five and above are also
“not at all familiar” with this IRS regulation.

“Intrafamily loans and financial gifts with relatives can be a win-win for both sides, but absolutely must be structured and documented properly to prevent misunderstandings with the IRS,” said Timothy Burke, National Family Mortgage’s CEO and Founder. “Anyone considering a loan or a financial gift with a relative or friend should first consult with their preferred tax professional, financial planner, or attorney, to ensure the transaction is a successful one.”

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. National Family Mortgage has originated over $40 million in loan volume since inception, while keeping over $20 million in interest within families. With interest rates that are typically lower than rates charged by a bank, National Family Mortgage allows consumers to take major steps toward achieving their dreams with help from family, while saving thousands of dollars.

Survey Methodology
This survey was conducted online within the United States between June 20-22, 2012 among 1,897 adults (aged 25 and over) by Harris Interactive® on behalf of National Family Mortgage via its Quick Query omnibus product. Figures for age, sex, race/ethnicity, education, region and household income were weighted where necessary to bring them into line with their actual proportions in the population. Propensity score weighting was used to adjust for respondents’ propensity to be online.

All sample surveys and polls, whether or not they use probability sampling, are subject to multiple sources of error which are most often not possible to quantify or estimate, including sampling error, coverage error, error associated with non-response, error associated with question wording and response options, and post-survey weighting and adjustments. Therefore, Harris Interactive avoids the words “margin of error” as they are misleading. All that can be calculated are different possible sampling errors with different probabilities for pure, unweighted, random samples with 100% response rates. These are only theoretical because no published polls come close to this ideal.

Respondents for this survey were selected from among those who have agreed to participate in Harris Interactive surveys. The data have been weighted to reflect the composition of the adult population. Because the sample is based on those who agreed to participate in the Harris Interactive panel, no estimates of theoretical sampling error can be calculated.

National Family Mortgage Press Contact:
Jeanne Kleinberg
National Family Mortgage, LLC
781.269.5478
Email Contact: marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/familymortgage

National Family Mortgage Wins Big For Peer-to-Peer Lending Website

Honored by the Communicator Awards, Family/Parenting Category

BOSTON, MA — (Marketwire — May 1, 2012) — National Family Mortgage, America’s premier peer-to-peer lending solution for home loans between relatives, today announced that it has won a prestigious Communicator Award as judged by the International Academy of Visual Arts (IAVA). National Family Mortgage was selected from amongst over six thousand top creative organizations from around the world and recognized with an award of distinction.

“National Family Mortgage is disrupting the traditional banking system to help families save money and reduce taxes,” said Timothy Burke, National Family Mortgage’s CEO and Founder. “We look at family finance from a new perspective and created an innovative solution that builds family wealth. Our team is honored to be recognized by the Communicator Awards and to join a select group of America’s most trusted brands.”

National Family Mortgage helps families properly structure, document, and register tax-deductible mortgage loans between relatives. From down payment loans and home improvement loans, to one hundred percent financing or refinancing, National Family Mortgage’s technology eliminates the cost and complexity of the broken banking system to provide Borrowers with lower interest rates and Lenders with solid returns. Interest rates on mortgage loans through National Family Mortgage average 3.50 percent, with an average term of twenty three years. The company has surpassed $32 million in loan origination while protecting family relationships, reducing IRS tax issues, and keeping over $17 million of interest within families.

“The pool of entries we received for this year’s Communicator Awards serves as
a true testament to the innovative ideas and capabilities of communications and
marketing professionals around the world.” said Linda Day, executive director of
the IAVA. “On behalf of the entire Academy, we congratulate this year’s
Communicator Award Winners for their passion and dedication. We are humbled
to be given the opportunity to recognize such amazing work.”

The Communicator Awards is the leading international creative awards program honoring creative excellence for communication professionals. The Communicator Awards are judged and overseen by the International Academy of the Visual Arts (IAVA). The IAVA is an invitation-only member-based organization of leading professionals from various disciplines of the visual arts dedicated to embracing progress and the evolving nature of traditional and interactive media. Current membership represents an acclaimed group of media, advertising, and marketing firms including: Time,Inc., Wired, Disney, Lockheed Martin, Yahoo!, and more.

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives — thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. With interest rates that are typically lower than rates charged by a bank, National Family Mortgage allows consumers to take major steps toward achieving their dreams with help from family, while saving thousands of dollars.

National Family Mortgage Press Contact:
Jeanne Kleinberg
National Family Mortgage, LLC
781.269.5478
Email Contact: marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/familymortgage

National Family Mortgage Originates $30 Million in Peer-to-Peer Mortgage Loans

P2P Lending Company Averaging 50 Percent Quarter-Over-Quarter Growth; Over $15 Million of Interest Kept Within Families

BOSTON, MA — (Marketwire — April 17, 2012) — National Family Mortgage, America’s premier peer-to-peer lending solution for home loans between relatives, today announced that it has passed $30 million in total mortgage loan origination. This significant industry milestone continues a streak of six consecutive quarters of record acceleration, a category best 225 percent year-over-year increase in peer-to-peer mortgage loan volume.

“Our record breaking acceleration is a true reflection of our commitment to helping families save money,” said Timothy Burke, National Family Mortgage’s CEO and Founder. “Our Win-Win Mortgage product has already saved Borrowers millions of dollars, while Investors have earned solid returns. We look forward to a very busy summer.”

Approximately 49 percent of National Family Mortgage loans have been obtained by consumers to fund home improvement projects or to refinance institutional mortgage loan debt. Other consumers have used National Family Mortgage products to help fund the purchase of a home. Interest rates on tax-deductible mortgage loans through National Family Mortgage average 3.49 percent — well below the non-tax-deductible average APR of 9.13 percent offered by other peer-to-peer lending companies. This difference can mean thousands of dollars in savings for Borrowers. Intrafamily mortgage loans through National Family Mortgage offer unparalleled savings, flexibility, and protection.

“National Family Mortgage is a true peer-to-peer lending company; we’re not a bank in disguise,” said Burke. “Our innovative, transparent mortgage solution is changing the industry for the better. We’re empowering consumers to reach their financial goals, achieve their personal dreams, and keep their money where it belongs — with their own family.”

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives — thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. With interest rates that are typically lower than rates charged by a bank, National Family Mortgage allows consumers to take major steps toward achieving their dreams with help from family, while saving thousands of dollars.

National Family Mortgage Press Contact:
Jeanne Kleinberg
National Family Mortgage, LLC
781.269.5478
Email Contact: marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/familymortgage

National Family Mortgage Passes $20 Million in Peer-to-Peer Mortgage Loans Between Family Members

Milestone reached quickly as Americans search for solutions to broken banking system

BOSTON, MA — (Marketwire — Feb. 1, 2012) — National Family Mortgage, America’s premier peer-to-peer lending solution for home loans between relatives, today announced that it has passed $20 million in total mortgage loan originations. Since National Family Mortgage launched to the public in November 2010, its innovative peer-to-peer lending platform has helped thousands of families across America achieve their financial goals, protected their personal relationships, and saved them millions of dollars.

“National Family Mortgage’s incredible success in 2011 proves that Americans are committed to beating a broken banking system,” said Timothy Burke, CEO and Founder of National Family Mortgage. “Our determined customer base has recognized the win-win value of our platform, and we look forward to accelerated growth in 2012.”

Benefits For Lenders

BETTER RETURNS: Invest in family and earn more interest than from a bank.
Reinvest a steady monthly revenue stream however desired.

STRONG PROTECTION: Registered security. Prevent legal, estate,
and gift tax issues. Protect the interests of other family members.

FLEXIBILITY: From down payment loans to 100% financing or refinancing, to home improvement loans.

CLEAR EXPECTATIONS: Protect relationships and help loved ones succeed.

Benefits For Borrowers

LOWER RATES: Borrow from family and save tens of thousands of dollars.
Lower interest, no points, low fees, and tax deductible.

EASIER QUALIFYING: No red-tape.

BETTER DEALS ON HOMES: Buyers with secure financing can
often close quickly and negotiate better deals on homes.

BUILD FAMILY WEALTH: Beat the bank and keep interest in the family.
Protect relationships and keep things business like.

Since launching in November 2010, National Family Mortgage has helped families across the US keep over $10 million of interest within their own families – bypassing a broken banking system. Average loan terms since inception are 3.58% fixed, 22 years, zero points. Optional loan servicing program collects and credits monthly payments, issues year-end tax forms, and protects family relationships.

“National Family Mortgage’s innovative solutions to the financial crisis have clearly struck a chord with consumers,” said Burke. “Our simple, transparent platform has empowered borrowers and lenders alike to get a better deal and to keep money where it belongs – with their own family.”

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure home loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. With interest rates that are typically lower than rates charged by a bank, National Family Mortgage allows consumers to take major steps toward achieving the dream of home ownership with help from family, while saving thousands of dollars.

National Family Mortgage Press Contact:
Jeanne Kleinberg
National Family Mortgage, LLC
781.269.5478
Email Contact: marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/familymortgage