Neighborhood Assistance Housing Program, or NACA, is a nonprofit organization created to help those looking to buy a home, but don't qualify for traditional loans, according to NACA. The organization works with borrowers to assist in modifying a previous mortgage with more affordable monthly payments.Continue Reading
NACA focuses primarily on advocacy for those homeowners who are unable to buy a home due to poor credit or caught up in a loan process making it difficult to pay the monthly mortgage fee.
Those who want to take advantage of their services must be members, states NACA. Workshops are available to potential members to familiarize those interested in the services offered.
Those interested can attend an informational workshop. If interested in joining, several requirements must be met before taking advantage of NACA services.
Members of NACA who qualify may have the opportunity to purchase a home with no down payment, no closing costs or fees and obtain a below-market interest rate.Learn more about Real Estate