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Neighborhood Assistance Corporation of America (NACA)
Neighborhood Assistance Corp. of America (NACA)
www.naca.com

Contact



1 East Mt. Royal Ave.
Baltimore Maryland 21202
410-783-0465






Program Overview


Neighborhood Assistance Corporation of America (NACA) is a group with access to below-market interest rate mortgages for primarily low and moderate income people and who are members.


Property Eligibility Requirements





Allowable property types: One to Four family, condominiums, cooperatives, existing, new construction and renovations.


Benefit Details


NACA makes mortgage loans available primarily to low and moderate income people and people purchasing in low and moderate income communities. Membership is open. The modest annual membership fee entitles the participant to comprehensive counseling to assist through the home buying process. The purchase product includes: no downpayment, no closing costs, no fees or points, no private mortgage insurance.

Benefit: Reduced rate mortgage loan offered to members of NACA.
Loan Term:30 yrs. years
Homebuyer Counseling /
Education Required:
Yes
Owner Occupancy Required:Yes
Other Program Comments:NACA focuses on people who have not been able to buy a home, but it is not limited to first-time buyers.

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on this site. Some inaccuracies may exist. For verification contact a certified REALTOR member or a participating Lender.



For more information about this and other homebuyer programs please contact one of the following:

Workforce Housing Certified REALTOR®

 

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