Naca First Time Home Buyer
Programs for first time home buyers to lower your down payment amount 1 federal housing administration fha loan program.
Naca first time home buyer. Property is defined as real estate where a certificate of occupancy was issued not land or a time share. While the major lenders in america and the world try to blame the homeowners it is clear that they provided mortgages to working people that were structured to fail. At this four hour workshop you will learn about the details of naca s purchase program the home buying process and start your naca file.
Naca s committed staff and contacting naca. Naca is hosting a series of 4 day virtual home buyer events to provide access to naca s best in america mortgage. You may access the naca mortgage as long as you do not have an ownership interest in another property at the time of purchase.
Get started in our purchase program. 2 75 30 yr fixed apr 2 25 15 yr fixed apr. Naca s home save program the mortgage crisis is the result of unbelievable greed and exploitation by wall street and the largest financial institutions.
A naca buyer s agent or an agent referred to you by naca will be available to assist you. Every naca office provides a number of workshops each month with additional workshops provided nationwide. The naca mortgage is not limited to first time homebuyers.
Therefore it is important that you use this time to search for your home since you would need to be re qualified after 6 months or before if your circumstances changed to ensure that you are still qualified and your maximum mortgage payment has not changed. The first step in the purchase process is to attend a naca homebuyer workshop which is open and free to everyone. Get information on down payment grants and up to 7 500 toward closing costs that could help put a new home in reach.
Naca is a high profile organization with its program and advocacy featured in the national media including the wall street journal prime time live boston globe washington post major news outlets and local networks nationwide. First step in the program. Despite the current crisis naca is continuing to grow and offer the dream of affordable homeownership to more people than ever.