Description of Event
The Neighborhood Assistance Corporation of America (NACA) is a HUD approved non-profit community advocacy and homeownership organization that has helped make affordable homeownership a reality for over twenty years through honest and effective counseling. NACA can help even those with low credit scores purchase a home or restructure an unaffordable loan. NACA operates from 39 office locations across the country and has served over one million households.
NACA is committed to the stabilization of communities and neighborhoods across the country that have been hardest hit by unprecedented foreclosure rates. We focus on enabling a sustainable standard of homeownership, which has been enjoyed by Americans for generations. NACA provides both pre-purchase and foreclosure mitigation counseling. We hold workshops twice a month in both English and Spanish. We are currently looking for bigger venues to hold our workshops and the ability provide them more often.
Through the Purchase Program, members become familiarized with the home buying process and are prepared for the responsibilities of homeownership. They can organize documents and financially prepare to select the best avenue to homeownership. Often this avenue is the NACA Americas Best Mortgage which provides loans at highly favorable terms and below market 30-year fixed rates 3.50% today!
NACA’s HomeSave Program was designed to respond to the fallout from the massive subprime and predatory lending industry. Through its advocacy on behalf of homeowners, NACA secured binding agreements with the nation’s largest lenders to reduce interest rates and make existing loans realistically affordable.