NACA SOCIAL MEDIA GUIDELINES – MUST READ BEFORE POSTING

The following are the guidelines for this Forum and all NACA social media, including Facebook, Twitter, Google Plus, Pinterest, LinkedIn, YouTube and Live Chat:

The following rules have always been posted near the top of the Forums page on the forum website at http://forums.naca.com, just above the links to the five forum categories:

Welcome to the NACA Forums! Please keep in mind that this is a public forum. Any derogatory, inflammatory or questionable content will be removed by administrators. Also, please DO NOT post any personal information, such as passwords, NACA ID numbers, or Social Security numbers; NACA Staff will never require this information on the Forums.

Disregard for the rules of the Forum and abuses of the Forum and other social media in general is not tolerated. Such activity hinders the effectiveness of the NACA social media efforts as tools for asking questions, sharing information and for those who are seeking help with problems in either the Home Save or Purchase programs. To prevent such abuses, the following rules apply for this Forum and all NACA social media:

F(orum) comes before E(mail):

Maybe not in the alphabet, but here in the forum, F comes before E. In other words, please post your question in the Forum rather than circumvent the system and send an Email to an address you happen to find in the forum. The forum exists for several purposes, not the least of which is the sharing of information that may be beneficial to many of our members.

Most of the questions we receive are more generic in nature than most people think. By posting a question in the Forum first, it can be most likely answered here in the Forum unless it involves specific information in your file. By handling the question or problem here whenever possible, other members experiencing a similar problem could get the answer and help they need more quickly and without making a single additional keystroke.

If responding to your post does require specific information, you will be advised on the best means of contact with us so any personal information can be communicated securely and confidentially.

The Forum Does Not Replace NACA Services:

The NACA Forum or other NACA social media are in no way a substitute for NACA Counseling and Advocacy services whether in the Home Save or Purchase Programs, and information found here should not be considered a replacement for communicating with a NACA counselor, Member Services rep or any other NACA representative. While much of the information here is general in nature and applicable to most situations, specific questions regarding your file cannot be addressed in this or any other public forum for privacy reasons. Additionally, every file has unique factors and issues of its own. Therefore, you should always attempt to communicate your questions and concerns with your Mortgage Consultant in the Purchase Program and with a Counselor, Member Services or other Member Assistance Program (MAP) representative. Our Member Services Department can be reached at 425-602-6222 from 8:30am to 5:30 pm Eastern Time Monday through Friday.

Keep it Civil:

Another serious issue is the tone used in some messages. We eagerly invite anyone who is having what they perceive to be any sort of problem with the NACA process or on line system to use the NACA Forum and social media channels as a means of reaching out to us with those concerns so we can help solve them in whatever way we can. However, please remember to compose your message in the same manner in which you would like to receive the response. As noted above, “derogatory, inflammatory or questionable content” has always been grounds for posts to simply be deleted without response, and will continue to be so. Deletion of any and all messages from any individual or group of people is at the sole discretion of the Forum administrators. This includes sarcasm as well as insulting and accusatory statements. While we are in fact eager to help with any problems that may occur, if you can’t write without being cynical, you may want to hold off a bit until you can be more rational in expressing your concerns.

No Personal Information:

While this one should be common sense, it is surprising how many people will post their name, NACA ID number and even their telephone number in a forum post or even on Facebook. Please remember that what you write here can be read by anyone on the internet. This is not a membership-restricted site, so please do not post any information about yourself here that you would not announce over a microphone to a crowd of twenty thousand people. Again, that personal information starts with and includes your NACA ID number. Never post it or any other personal information in a public forum, here or anywhere else on the web.

Oh, By the Way, Who Am I Talking To?

Under other circumstances, this would actually be funny. We far too commonly receive emails from members who go to substantial effort to make sure they have provided a wonderfully detailed explanation of their problem or question to insure we have all the information necessary to address their concerns… Then forget to include their NACA ID number, leaving us in the dark or doing detective work to find out which file we are dealing with.

It’s really a simple, common sense rule. NEVER post your ID in a public place, but ALWAYS include it, every time, in private communications such as an email or the Live Chat system available through the NACA website.

One Way or Another:

While we realize you intend to be thorough by doing so, posting the same message to the Forum, our Facebook page, and emailing it to a Forum administrator is actually counter-productive. Most likely, all three messages will go to the same person, which means answering the same question for the same person three separate times. This redundancy only slows down our response time to you and everyone else we are trying to help. So please limit yourself to one method when communicating with us.

Once is Enough:

Likewise, posting the same message in multiple threads in the Forum will have the same effect as posting through several different media.

Each still has to be addressed and responded to separately, which only slows down our response time and can confuse members who may then falsely think that they have read the entire thread previously and possibly miss out on some important information that could have a bearing on their own file.

Similarly, multiple messages each day with minor or random questions bog things down too. We want to answer those questions for you, but in such a circumstance, please send them all in one daily message if possible.

By posting in this Forum, you certify that you have read and agree to abide by these rules. Failure to comply with these rules will result in the deletion of offending posts and the writer potentially being banned from this Forum and other NACA social media.

As you can see, these are really just common sense rules, largely based on common courtesy. Abiding by these guidelines will help the NACA staff help you in whatever means possible and encourage a positive, free flow of information through this Forum, which is its most fundamental purpose.

Thanks!

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | 31 Comments

Happy Thanksgiving from Everyone at NACA!

Dear NACA Members,
 
I wanted to take a moment to wish everyone a very Happy Thanksgiving!
 
We have a great deal to be thankful for. We at NACA are especially thankful for the opportunity we are given every day to help families have a home of their own.
 
Knowing that we have been a part of improving the lives of families that now have the comfort of a home that they own, is truly affordable and in which they can raise families and share time together is not only very gratifying for us but is a huge part of the motivation that keeps us going, now for more than 30 years.
 
This has been a very active, productive and even adventurous year for NACA. As we start to wind down 2018 and prepare for 2019 we see that there is more for NACA to do than ever before.  We will hold more Achieve the Dream events, continue to expand our network of offices and increase our community activism, all focused on our mission of economic justice. And we look forward to it with great enthusiasm.
 
I have the great privilege of leading an awesome staff at NACA, and we hope that you enjoy the long holiday weekend with family and friends as we will be doing. Have a safe and wonderful Thanksgiving holiday!
 
Sincerely,
Bruce Marks

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

NACA CONDUCTS LARGEST HOMEOWNERSHIP EVENT IN ILLINOIS HISTORY

*****PRESS RELEASE *****

FOR IMMEDIATE RELEASE
October 25, 2018

CONTACT:
Tim Trumble – Media Coordinator; Cell: 617-947-2632; ttrumble@naca.com
Bruce Marks – NACA CEO; Cell: 617-835-4477; bmarks@naca.com

 

WHAT: LARGEST HOMEOWNERSHIP EVENT IN ILLINOIS HISTORY – Oct. 25 – 28
WHERE: Donald E. Stephens Convention Center, 5555 N. River Rd., Rosemont, IL 60018
WHEN: Media Opportunity – Press conference Thursday, October 25th, 11:00 a.m.
WHO: Thousands of homebuyers, NACA homeowners, NACA CEO Bruce Marks, Bank of America Executives, Chicago and Illinois political figures, and community leaders.

 

NACA KICKS OFF CHICAGO HOMEOWNERSHIP EVENT FOR THOUSANDS OF HOMEBUYERS  

PROVIDING UNPRECEDENTED HOMEOWNERSHIP OPPORTUNITY WITH NO DOWNPAYMENT & NO CLOSING COST MORTAGE

 (CHICAGO, IL – October 22, 2018) – Thursday, October 25th at 11:00 a.m. NACA will kick off its Chicago “Achieve the Dream” one-stop mortgage event at the Donald E. Stephens Convention Center.  NACA and Bank of America executives will be joined by political and community leaders to highlight the extraordinary homeownership opportunities provided during this four-day event.

Ten years after the beginning of the mortgage crisis, NACA is the one bright light in the disastrous lack of mortgage lending for low to moderate-income and minority borrowers.  Thousands will attend the Achieve the Dream event because their families, friends, co-workers and neighbors around the country have told them that NACA is the go to organization to achieve affordable homeownership (click for CNBC story).

The NACA program directly confronts the affordable housing crisis with the Best Mortgage in America that requires no down payment, no closing costs, no PMI, at a below market fixed rate and no need for perfect credit. During this one-stop mortgage operation homebuyers will attend a homebuyer workshop, meet one-on-one with a NACA Counselor, and have their file underwritten to be pre-approved for NACA’s extraordinary mortgage, often in one day.

NACA provides the same terms for all borrowers, many of whom have given up on homeownership.  As Forbes magazine stated in their comparison of the best low down payment mortgages, “There is one exception, NACA, that charges the same rate regardless of the credit score”.  Bank of America has committed $10 Billion to the NACA mortgage program.

“The NACA Mortgage, without the need for a down payment or closing costs, eliminates the significant savings requirement that locks out many homebuyers in today’s market”, stated Bruce Marks, NACA’s CEO and founder.  “In addition, NACA’s below market fixed rate with the ability to buy-down the interest rate with government assistance provides a monthly payment that makes it possible to purchase homes throughout region,” continues Bruce Marks.

The Chicago Achieve the Dream event runs Thursday, October 25th through Sunday, October 28th from 8:00 AM to 6:00 PM each day. The event is open to all prospective homebuyers, and NACA services are free of charge.  Previous NACA Achieve the Dream events have been spectacularly successful with more than 5,000 participants at each one across the country and thousands of pre-approvals. These events have destroyed the myth that it is not possible to lend on affordable terms to low-to-moderate income and minority individuals on scale.

NACA Mortgage underwriting does not use the restrictive and ineffective “Risk Based Lending” criteria.  NACA underwriters evaluate each borrower based on their individual circumstances, eliminating late payments they do not control and considering compensating factors. All borrowers receive the same extraordinary terms:

  • No down payment required
  • No closing costs (lender paid)
  • No fees
  • Loan-to-value -100% for purchase and 110% for purchases with a rehab
  • No consideration of credit score
  • Below market fixed interest rate
  • Term of 15 or 30 years fully amortizing
  • Buy-down to permanently reduce the interest rate to virtually zero percent
  • Purchase and renovation funds available

NACA already has an impressive track record. During the mortgage crisis, through NACA’s Save the Dream events over 250,000 homeowners were able to modify their unaffordable mortgages, often the same day. The Chicago Save the Dream events were incredible with tens of thousands of homeowners. Now, NACA’s Achieve the Dream events provide the same extraordinary outcomes for many thousands of homebuyers and continue to assist homeowners with an unaffordable mortgage.

The Achieve the Dream event is open to all prospective homebuyers. NACA services are free of charge and walk-ins are welcome.

Media Links:
Local 10 Miami
NACA Video
Hawaii Public Radio
Spectrum News Charlotte

About NACA (www.naca.com):
The Neighborhood Assistance Corporation of America (NACA) is a non-profit organization dedicated to economic justice through home ownership and community action. Founded by economic advocate Bruce Marks over thirty years ago, NACA is the largest HUD certified counseling agency with more than two million members nationwide. Through programs such as the Best in America Mortgage and HomeSave, NACA has helped thousands of consumers modify an unaffordable existing home loan or secure a mortgage to purchase a new home. With 50 offices nationwide, and our HUD approved housing counseling agency providing about 50% of the total counseling in the country, NACA is setting the national standard. NACA’s proven process allows low to modest income consumers to realize the American dream of homeownership. Bank of America and CitiMortgage have committed $13 billion to NACA pre-approved mortgage loans. www.naca.com. Event flyer. #AchieveTheDreamNACA.

 

 

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

NACA Conducts Chicago Homeownership Event for Thousands

*****PRESS RELEASE *****
FOR IMMEDIATE RELEASE
October 22, 2018

CONTACT:
Tim Trumble – Media Coordinator; Cell: 617-947-2632; ttrumble@naca.com
Bruce Marks – NACA CEO; Cell: 617-835-4477; bmarks@naca.com

 

WHAT: LARGEST HOMEOWNERSHIP EVENT IN ILLINOIS HISTORY – Oct. 25 – 28
WHERE: Donald E. Stephens Convention Center, 5555 N. River Rd., Rosemont, IL 60018
WHEN: Media Opportunity – Press conference Thursday, October 25th, 11:00 a.m.
WHO: Thousands of homebuyers, NACA homeowners, NACA CEO Bruce Marks, Bank of America Executives, Chicago and Illinois political figures, and community leaders.

 

NACA KICKS OFF CHICAGO HOMEOWNERSHIP EVENT FOR THOUSANDS OF HOMEBUYERS

PROVIDING UNPRECEDENTED HOMEOWNERSHIP OPPORTUNITY WITH NO DOWNPAYMENT & NO CLOSING COST MORTAGE

(CHICAGO, IL – October 22, 2018) – Thursday, October 25th at 11:00 a.m. NACA will kick off its Chicago “Achieve the Dream” one-stop mortgage event at the Donald E. Stephens Convention Center.  NACA and Bank of America executives will be joined by political and community leaders to highlight the extraordinary homeownership opportunities provided during this four-day event.

Ten years after the beginning of the mortgage crisis, NACA is the one bright light in the disastrous lack of mortgage lending for low to moderate-income and minority borrowers.  Thousands will attend the Achieve the Dream event because their families, friends, co-workers and neighbors around the country have told them that NACA is the go to organization to achieve affordable homeownership (click for CNBC story).

The NACA program directly confronts the affordable housing crisis with the Best Mortgage in America that requires no down payment, no closing costs, no PMI, at a below market fixed rate and no need for perfect credit. During this one-stop mortgage operation homebuyers will attend a homebuyer workshop, meet one-on-one with a NACA Counselor, and have their file underwritten to be pre-approved for NACA’s extraordinary mortgage, often in one day.

NACA provides the same terms for all borrowers, many of whom have given up on homeownership.  As Forbes magazine stated in their comparison of the best low down payment mortgages, “There is one exception, NACA, that charges the same rate regardless of the credit score”.  Bank of America has committed $10 Billion to the NACA mortgage program.

“The NACA Mortgage, without the need for a down payment or closing costs, eliminates the significant savings requirement that locks out many homebuyers in today’s market”, stated Bruce Marks, NACA’s CEO and founder.  “In addition, NACA’s below market fixed rate with the ability to buy-down the interest rate with government assistance provides a monthly payment that makes it possible to purchase homes throughout region,” continues Bruce Marks.

The Chicago Achieve the Dream event runs Thursday, October 25th through Sunday, October 28th from 8:00 AM to 6:00 PM each day. The event is open to all prospective homebuyers, and NACA services are free of charge.  Previous NACA Achieve the Dream events have been spectacularly successful with more than 5,000 participants at each one across the country and thousands of pre-approvals. These events have destroyed the myth that it is not possible to lend on affordable terms to low-to-moderate income and minority individuals on scale.

NACA Mortgage underwriting does not use the restrictive and ineffective “Risk Based Lending” criteria.  NACA underwriters evaluate each borrower based on their individual circumstances, eliminating late payments they do not control and considering compensating factors. All borrowers receive the same extraordinary terms:

  • No down payment required
  • No closing costs (lender paid)
  • No fees
  • Loan-to-value -100% for purchase and 110% for purchases with a rehab
  • No consideration of credit score
  • Below market fixed interest rate
  • Term of 15 or 30 years fully amortizing
  • Buy-down to permanently reduce the interest rate to virtually zero percent
  • Purchase and renovation funds available

NACA already has an impressive track record. During the mortgage crisis, through NACA’s Save the Dream events over 250,000 homeowners were able to modify their unaffordable mortgages, often the same day. The Chicago Save the Dream events were incredible with tens of thousands of homeowners. Now, NACA’s Achieve the Dream events provide the same extraordinary outcomes for many thousands of homebuyers and continue to assist homeowners with an unaffordable mortgage.

The Achieve the Dream event is open to all prospective homebuyers. NACA services are free of charge and walk-ins are welcome.

Media Links:
Local 10 Miami
NACA Video
Hawaii Public Radio
Spectrum News Charlotte

About NACA (www.naca.com):
The Neighborhood Assistance Corporation of America (NACA) is a non-profit organization dedicated to economic justice through home ownership and community action. Founded by economic advocate Bruce Marks over thirty years ago, NACA is the largest HUD certified counseling agency with more than two million members nationwide. Through programs such as the Best in America Mortgage and HomeSave, NACA has helped thousands of consumers modify an unaffordable existing home loan or secure a mortgage to purchase a new home. With 50 offices nationwide, and our HUD approved housing counseling agency providing about 50% of the total counseling in the country, NACA is setting the national standard. NACA’s proven process allows low to modest income consumers to realize the American dream of homeownership. Bank of America and CitiMortgage have committed $13 billion to NACA pre-approved mortgage loans. www.naca.com. Event flyer. #AchieveTheDreamNACA.

 

 

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

Media Advisory – NACA CONDUCTS LARGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY IN ATLANTA

 

*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE
September 12, 2018

  

CONTACT:
Tim Trumble – Media Coordinator; Cell: 617-947-2632; ttrumble@naca.com
Bruce Marks – NACA CEO; Cell: 617-835-4477; bmarks@naca.com

 

 

WHAT: MEDIA OPPORTUNITY – KICKOFF OF LARGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY
WHERE: AmericasMart, Bldg 2, 4th Floor, 230 Ted Turner Dr NW, Atlanta, GA 30303
WHEN: Thursday, September 13th, 2018, 11:00 am
WHO: Thousands of homebuyers, many NACA homeowners, Atlanta City Council Members, NACA CEO Bruce Marks, Bank of America Market President Wendy Stewart, Atlanta City Council Members Michael Bond and Matt Westmoreland, City of Atlanta Human Resources Director Pamela Beckerman, Pastor Carla Stokes of New Birth Missionary Baptist Church, Larry Haqq, Executive Director of the Housing Authority of Fulton County and other community representatives.

KICKOFF OF LARGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY

 

(ATLANTA, GA – September 12, 2018) – Thursday, September 13th at 11:00 a.m. NACA will kick off the largest homeownership event in American history at its “Achieve the Dream” one-stop mortgage event at AmericasMart in Atlanta.  Ten years after the beginning of the mortgage crisis, NACA is the one bright light in mortgage lending for low-to-moderate income and minority borrowers. The program directly confronts the affordable housing crisis with a truly affordable mortgage that requires no down payment, no closing costs, no PMI, at a below market fixed rate and no need for perfect credit.

NACA and Bank of America executives will be joined by Atlanta politicians to highlight the extraordinary homeownership opportunities provided during this five day event.  Over 20,000 homeowners will attend with the opportunity to access NACA’s Best in America Mortgage.  Bank of America has committed $10 Billion to this mortgage.

“The NACA Mortgage, without the need for a down payment or closing costs, eliminates the significant savings requirement that locks out many homebuyers in today’s market” stated Bruce Marks, NACA’s CEO and founder.

The event runs Thursday, September 13th through Monday, September 17th from 8:00 AM – 6:00 PM. The Achieve the Dream event is open to all prospective homebuyers, and NACA services are free of charge.  During this one-stop mortgage operation homebuyers will attend a homebuyer workshop, meet one-on-one with a NACA Counselor, and have their file underwritten to be approved for the NACA Mortgage.

During the mortgage crisis, NACA’s “Save the Dream” events attracted tens of thousands of homeowners where NACA was able to modify over 250,000 unaffordable mortgages. Now NACA’s Achieve the Dream event in Atlanta will also host more than 20,000 primarily low and moderate-income people who are homebuyers participating in NACA’s purchase program.  www.naca.com. Event flyer. #AchieveTheDreamNACA.

 

 

 

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

NACA KICKS OFF LARGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY SEPT. 13, 11:00 AM

 

*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE
September 12, 2018

CONTACT:
Tim Trumble – Media Coordinator; Cell: 617-947-2632; ttrumble@naca.com
Bruce Marks – NACA CEO; Cell: 617-835-4477; bmarks@naca.com

 

WHAT: MEDIA OPPORTUNITY – KICKOFF OF LARGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY
WHERE:
AmericasMart, Bldg 2, 4th Floor, 230 Ted Turner Dr NW, Atlanta, GA 30303
WHEN: Thursday, September 13th, 2018, 11:00 am
WHO: More than 1,000 homebuyers, many NACA homeowners, Atlanta City Council Members and other community leaders, NACA CEO Bruce Marks, Bank of America representative and others.

KICKOFF OF LARGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY

(ATLANTA, GA – September 12, 2018) – Thursday, September 13th at 11:00 a.m. NACA will showcase the largest homeownership event in American history to kick off its “Achieve the Dream” one-stop mortgage event at AmericasMart in Atlanta. Ten years after the beginning of the mortgage crisis, NACA is the one bright light in mortgage lending for low-to-moderate income and minority borrowers. The program directly confronts the affordable housing crisis with a genuinely affordable loan that requires no down payment, no closing costs, no PMI and no need for perfect credit.

Elected officials including Atlanta City Council members Michael Bond and Matt Westmoreland along with other community leaders and more than 1,000  homebuyers will be in attendance at the Achieve the Dream kickoff event to highlight the NACA program’s tangible solutions to the local housing crisis

“The NACA Mortgage, without the need for a down payment or closing costs, eliminates the significant savings requirement that locks out many homebuyers in today’s market” stated Bruce Marks, NACA’s CEO and founder.

The event runs Thursday, September 13th through Monday, September 17th from 8:00 AM – 6:00 PM. The Achieve the Dream event is open to all prospective homebuyers, and NACA services are free of charge.

During the mortgage crisis, NACA’s “Save the Dream” events attracted tens of thousands of homeowners where NACA was able to modify many unaffordable mortgages. Now NACA’s Achieve the Dream event in Atlanta will also host more than 20,000 primarily low and moderate-income people who are homebuyers participating in NACA’s purchase program. www.naca.com. Event flyer. #AchieveTheDreamNACA

Posted in Uncategorized | Leave a comment

MEDIA ADVISORY – KICKOFF OF LARGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY

*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE
September 12, 2018

 

 

CONTACT:
Tim Trumble – Media Coordinator; Cell: 617-947-2632; ttrumble@naca.com
Bruce Marks – NACA CEO; Cell: 617-835-4477; bmarks@naca.com

 

 

WHAT: MEDIA OPPORTUNITY – KICKOFF OF LARGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY
WHERE: AmericasMart, Bldg 2, 4th Floor, 230 Ted Turner Dr NW, Atlanta, GA 30303
WHEN: Thursday, September 13th, 2018, 11:00 am
WHO: More than 1,000 homebuyers, many NACA homeowners, Atlanta City Council Members and other community leaders, NACA CEO Bruce Marks, Bank of America representative and others.

KICKOFF OF LARGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY

 

(ATLANTA, GA – September 12, 2018) – Thursday, September 13th at 11:00 a.m. NACA will showcase the largest homeownership event in American history to kick off its “Achieve the Dream” one-stop mortgage event at AmericasMart in Atlanta.  Ten years after the beginning of the mortgage crisis, NACA is the one bright light in mortgage lending for low-to-moderate income and minority borrowers. The program directly confronts the affordable housing crisis with a genuinely affordable loan that requires no down payment, no closing costs, no PMI and no need for perfect credit.

Elected officials including Atlanta City Council members Natalyn Archibong, Michael Bond and Matt Westmoreland along with other community leaders and more than 1,000  homebuyers will be in attendance at the Achieve the Dream kickoff event to highlight the NACA program’s tangible solutions to the local housing crisis.

“The NACA Mortgage, without the need for a down payment or closing costs, eliminates the significant savings requirement that locks out many homebuyers in today’s market” stated Bruce Marks, NACA’s CEO and founder.

The event runs Thursday, September 13th through Monday, September 17th from 8:00 AM – 6:00 PM. The Achieve the Dream event is open to all prospective homebuyers, and NACA services are free of charge.

During the mortgage crisis, NACA’s “Save the Dream” events attracted tens of thousands of homeowners where NACA was able to modify many unaffordable mortgages. Now NACA’s Achieve the Dream event in Atlanta will also host more than 20,000 primarily low and moderate-income people who are homebuyers participating in NACA’s purchase program.  www.naca.com. Event flyer. #AchieveTheDreamNACA

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | 2 Comments

NACA BRINGS BIGGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY TO ATLANTA SEPTEMBER 13-17

 

 

 

FOR IMMEDIATE RELEASE
Press Release – September 10, 2018

CONTACT:
Tim Trumble – Media Coordinator; Cell: 617-947-2632; ttrumble@naca.com
Bruce Marks – NACA CEO; Cell: 617-835-4477; bmarks@naca.com

 

 

NACA BRINGS BIGGEST HOMEOWNERSHIP EVENT IN AMERICAN HISTORY TO ATLANTA

 

MORE THAN 20,000 TO ATTEND EVENT TO ACCESS NACA’S BEST IN AMERICA MORTGAGE

 

(ATLANTA, GA – September 10, 2018) – The largest homeownership event in United States history will take place over five days from Thursday, September 13th through Monday, September 17th as more than 20,000 homebuyers from Georgia and across the United States attend NACA’s Achieve the Dream event at AmericasMart in Atlanta. They can be pre-approved for NACA’s Best in America Mortgage: no down payment, no closing costs, no fees, at a below market fixed rate without consideration of a borrowers credit score (click here for flyer). Ten years after the beginning of the mortgage crisis, NACA is the one bright light in mortgage lending for low-to-moderate income and minority borrowers.

The NACA (Neighborhood Assistance Corporation of America), event, called “Achieve the Dream”, will feature its one-stop mortgage operation, accessing NACA’s Best in America mortgage. Homebuyers, many of whom had given up on homeownership, can be pre-approved for NACA’s Best in America Mortgage the same day through the four-step process: 1. Homebuyer education workshop; 2. Providing full documentation; 3. Meeting one-on-one with a Housing Counselor; and 4. Meeting with an underwriter to be pre-approved for the NACA Mortgage or determine any additional steps to be taken. NACA provides the same extraordinary terms for all borrowers. As Forbes magazine stated in their comparison of the best low down payment mortgages, “There is one exception, NACA, that charges the same rate regardless of the credit score”. NACA has over $13 Billion for this mortgage committed by Bank of America and CitiMortgage.

The Atlanta Achieve the Dream event will be the eleventh one this year. Previous NACA Achieve the Dream events have been spectacularly successful with over 5,000 participants at each one and thousands of pre-approvals across the country. The Atlanta event will surpass the previous events by far and will destroy the myth that it is not possible to lend on affordable terms to low-to-moderate income and minority individuals on scale. With the historically low number of low-to-moderate income and minorities recently achieving homeownership, NACA is the one bright spot. This event, which is unprecedented in its size and scope, will significantly impact the affordable housing crisis. It runs Thursday, September 13th through Monday, September 17th from 8:00 a.m. – 6:00 p.m. each day, and will be held on the 4th Floor, Building 2 of AmericasMart, 230 Ted Turner Drive NW, Atlanta, GA 30303.

“The roadblocks to homeownership for low- and moderate-income people has reached crisis proportions, and the massive number of pre-registrations we have received for this event proves just how extreme it has become. More than 20,000 people will be attending during this five-day event”, states Bruce Marks, NACA founder and CEO. “People are coming because their families, friends, co-workers and neighbors around the country have told them that NACA is the organization to achieve affordable homeownership. With 50 offices nationwide, and our HUD approved housing counseling agency providing about 50% of the total counseling in the country, NACA is setting the national standard,” Marks continued.

NACA already has an impressive track record. During the mortgage crisis, through NACA’s Save the Dream events over 250,000 homeowners were able to modify their unaffordable mortgages, often the same day. The Atlanta Save the Dream events were incredible with tens of thousands of homeowners. Now, NACA’s Achieve the Dream event will provide the same extraordinary outcomes for many thousands of homebuyers and continue to assist homeowners with an unaffordable mortgage.

The NACA Mortgage, without the need for a down payment and the lender paying all the closing costs, eliminates the significant savings requirement that locks out many homebuyers. The NACA below market fixed rate with the ability to buy it down with government assistance provides a payment that makes it possible to purchase homes despite the limited supply. NACA does not use “Risk Based Lending” but underwrites each borrower based on their individual circumstances, eliminating late payments they do not control and considering compensating factors. All borrowers receive the same extraordinary terms:

  • No down payment required
  • No closing costs (lender paid)
  • No fees
  • Loan-to-value -100% for purchase and 110% for purchases with a rehab
  • No consideration of credit score
  • Below market fixed interest rate
  • Term of 15 or 30 years fully amortizing
  • Buy-down to permanently reduce the interest rate to virtually zero percent
  • Purchase and renovation funds available

The Achieve the Dream event is open to all prospective homebuyers, NACA services are free of charge and walk-ins are welcome.

Media Links:
NACA Video
Hawaii Public Radio
Local 10 Miami
Spectrum News Charlotte

About NACA (www.naca.com):
The Neighborhood Assistance Corporation of America (NACA) is a non-profit organization dedicated to economic justice through home ownership and community action. Founded by economic advocate Bruce Marks over thirty years ago, NACA is the largest HUD certified counseling agency with more than two million members nationwide. Through programs such as the Best in America Mortgage and HomeSave, NACA has helped thousands of consumers modify an unaffordable existing home loan or secure a mortgage to purchase a new home. With 50 offices nationwide, NACA pledges a character-based, no fee, no down payment and no closing fee home loan. NACA’s proven process allows low to modest income consumers to realize the American dream of homeownership. Bank of America and CitiMortgage have committed $13 billion to NACA pre-approved mortgage loans. www.naca.com. Event flyer. #AchieveTheDreamNACA

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PHOENIX ACHIEVE THE DREAM EVENT OPENS

*****PRESS RELEASE*****
FOR IMMEDIATE RELEASE
Press Release – August 9, 2018

CONTACT:

Tim Trumble – National Media Coordinator: (617) 947-2632 – Ttrumble@naca.com
Bruce Marks – NACA CEO: 617-835-4477 – BMarks@naca.com

 

NACA BRINGS ARIZONA RESIDENTS UNPRECEDENTED HOMEOWNERSHIP OPPORTUNITY WITH
NO MONEY DOWN AND NO CLOSING COSTS.

 

(PHOENIX, AZ – August 9, 2018)This morning, Thursday, August 9th at 11:00 a.m. NACA will showcase its “Achieve the Dream” one-stop mortgage event at the Phoenix Convention Center. NACA provides unprecedented homeownership opportunities for hundreds of low and moderate-income homebuyers through its “Best in America” mortgage: no down payment, no closing costs, no fees at a below market fixed rate. Elected officials, community leaders and hundreds of homebuyers will be in attendance.

The Achieve the Dream event, which brings tangible solutions to the local housing crisis, will run daily, Thursday, August 9th through Sunday, August 12th from 8:00 AM – 8:00 PM. The Achieve the Dream event is open to all prospective homebuyers, and NACA services are free of charge.

“The NACA Mortgage without the need for a down payment or closing costs eliminates the significant savings requirement that locks out many homebuyers in today’s market” stated Bruce Marks, NACA’s CEO and founder. “NACA’s below market fixed rate along with the ability to buy it down with government assistance provides a monthly payment that makes it possible to purchase homes in Phoenix despite the limited supply.”

During the mortgage crisis, NACA’s “Save the Dream” events attracted tens of thousands of homeowners where NACA was able to modify many unaffordable mortgages, often the same day. Now NACA’s “Achieve the Dream” events will also host thousands of low and moderate-income people whom are homebuyers participating in NACA’s purchase program.

 

Homebuyers can complete the NACA four step home buying process and be pre-approved for NACA’s extraordinary mortgage in one day. In addition, NACA will continue to assist homeowners modify unaffordable mortgages.

Bank of America, a major partner in NACA’s efforts, will have a representative on hand to discuss their $10 Billion commitment to the NACA Mortgage. Current NACA homeowners from Phoenix who will also be in attendance to share their testimonies of achieving homeownership through the NACA program. Local elected officials are also scheduled to speak.

 

About NACA (www.naca.com):
The Neighborhood Assistance Corporation of America (NACA) is a non-profit organization dedicated to economic justice through home ownership and community action. Founded by economic advocate Bruce Marks more than thirty years ago, NACA is the largest HUD certified counseling agency with more than two million members nationwide. Through programs such as the Best in America Mortgage and HomeSave, NACA has helped thousands of consumers modify an unaffordable existing home loan or secure a mortgage to purchase a new home. With 50 offices nationwide, NACA pledges a character-based, no fee, no down payment and no closing fee home loan. NACA’s proven process allows low to modest income consumers to realize the American dream of homeownership. Bank of America and CitiMortgage have committed $13 billion to NACA pre-approved mortgage loans. www.naca.com. Event flyer. #AchieveTheDreamNACA

 

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MEDIA ADVISORY – NACA BRINGS UNPRECEDENTED HOMEOWNERSHIP EVENT TO FAIRPLEX THIS MORNING

*****MEDIA ADVISORY*****

CONTACTS:

Tim Trumble – NACA Media Coordinator: 617-947-2632; ttrumble@naca.com
Bruce Marks – NACA CEO: 617-835-4477; BMarks@naca.com

WHAT:          MEDIA OPPORTUNITY – Kickoff of NACA’s four-day Homeownership Event

WHERE:        Building 9 at Fairplex, 1101 West McKinley Ave., Pomona, CA 91768

WHEN:          Thursday, August 2, 2018, 11:00 am

WHO:            Hundreds of homebuyers, many NACA homeowners, Pomona Mayor Tim Sandoval, NACA CEO Bruce Marks, Bank of America representatives and others

NACA’S HOMEOWNERSHIP EVENT PROVIDES THE BEST IN AMERICA MORTGAGE TO SOUTHERN CALIFORNIA HOMEBUYERS

(POMONA, CA –AUGUST 2, 2018) This morning, Thursday, August 2nd, at 11:00 a.m. in Building 9 at Fairplex in Pomona, NACA will hold a press conference introducing their extraordinary “Achieve the Dream” event which starts this morning.  The attending elected officials, community leaders and NACA homeowners will be joined by more than 500 low and moderate-income home buyers participating in this one-stop mortgage operation, accessing NACA’s best in America mortgage: no down payment, no closing costs, no fees at a below market fixed rate.  This event, bringing a unique solution to the California affordable housing crisis, runs today through Sunday, August 5th from 8:00 AM to 8:00 PM each day (click here for flyer).

NACA is back with its homeownership events attended by thousands of low and moderate-income people. During the mortgage crisis, NACA’s Save the Dream events attracted tens of thousands of homeowners, for whom NACA was able to modify unaffordable mortgages, often the same day.  This time, NACA’s events are hosting thousands of low and moderate-income people who are home buyers participating in NACA’s purchase program.   Home buyers can complete the NACA four step home buying process and be pre-approved for NACA’s extraordinary mortgage in one day. NACA will also continue to assist homeowners modify their unaffordable mortgage at the event.

“The roadblocks to homeownership for low and moderate-income people have reached crisis proportions in California,” states Bruce Marks, NACA Founder and CEO.  “The NACA Mortgage, without the need for a down payment or closing costs, eliminates the significant savings requirement that locks out many homebuyers.  The NACA below market fixed rate, with the ability to buy it down even further with government assistance, provides a payment that makes it possible to purchase homes in California despite the limited supply,” continued Marks.

The NACA program may sound too good to be true. However, the press conference will feature several NACA homeowners from California who will share their testimonies of achieving homeownership through the NACA program. Also, a Bank of America representative will discuss their $10 Billion commitment to the NACA Mortgage, and Pomona Mayor Tim Sandoval and other elected officials will speak in support of NACA’s efforts.

The Pomona Achieve the Dream event will be NACA’s ninth event this year.   Previous NACA Achieve the Dream events have been spectacularly successful with more than 5,000 participants at each one and thousands of pre-approvals. The Pomona event will provide thousands of Southern California homebuyers the opportunity to purchase a home with NACA’s Best in America Mortgage, with incredible terms including no down payment, no closing costs, a below market fixed rate, no need for perfect credit, and with the option to permanently buy down the interest rate to virtually zero.

The Achieve the Dream event is open to all prospective home buyers, and NACA services are free of charge.

About NACA (www.naca.com):
The Neighborhood Assistance Corporation of America (NACA) is a non-profit organization dedicated to economic justice through home ownership and community action. Founded by economic advocate Bruce Marks over thirty years ago, NACA is the largest HUD certified counseling agency with more than two million members nationwide. Through programs such as the Best in America Mortgage and HomeSave, NACA has helped thousands of consumers modify an unaffordable existing home loan or secure a mortgage to purchase a new home. With 50 offices nationwide, NACA has a proven track record of providing affordable homeownership to low and moderate-income consumers.  Bank of America and CitiMortgage have committed $13 billion to the NACA program. www.naca.com. #AchieveTheDreamNACA

 

 

 

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GOVERNOR IGE TO PARTICIPATE IN OPEN DISCUSSION OF HOUSING ISSUES AT NACA EVENT SUNDAY at 11:00

*****MEDIA ADVISORY*****

FOR IMMEDIATE RELEASE
Media Advisory – July 7, 2018

CONTACT:

Tim Trumble – Media Coordinator; Cell: 617-947-2632; ttrumble@naca.com
Paola Rodelas – UNITE HERE Local 5, Communications & Community Organizer; (808) 941-2141 office, (808) 333-4782 mobile; prodelas@5.unitehere.org

GOVERNOR DAVID IGE TO LEAD ROUND TABLE HOMEOWNERSHIP DISCUSSION SUNDAY AT NACA ACHIEVE THE DREAM EVENT

GOVERNOR AND HAWAII HOMEBUYERS TO ADDRESS HAWAII HOUSING CRISIS

(HONOLULU, HI – July 7, 2018) Hawaii Governor David Ige will participate in an open-to-the-public round table discussion of homeownership issues in Hawaii this Sunday morning at 11:00 am as part of NACA’s Achieve the Dream homeownership event at the Hawaii Convention Center.

Since opening Friday morning, NACA has already helped hundreds start the path to affordable homeownership through NACA’s Best Mortgage in America mortgage program. Governor Ige will attend the NACA event in support of the combined efforts of NACA and Unite Here Local 5 to address the affordable housing crisis facing the people of Hawaii. The governor will lead a group of 15 Hawaii homebuyers in an open discussion of the homeownership issues facing working people.

“Governor Ige has shown great interest in bringing the NACA program to Hawaii”, according to NACA Founder and CEO Bruce Marks. “This discussion at the Achieve the Dream event demonstrates his understanding and concern regarding affordable homeownership, which is a core element of NACA’s mission and a key point in Local 5’s One Job Should Be Enough campaign.”

The governor is expected to share the story of his own journey to homeownership and engage in a frank and open discussion of the difficulties so many working people in Hawaii have experienced buying a home. High rents have caused excessively long commutes to work and hinder saving for homeownership.

“The NACA program will bring affordable homeownership to many of Hawaii’s working people with no down payment, no closing costs, no PMI and no need for perfect credit”, Marks continued. “With NACA, if you can afford to rent, you can often afford to own.”

NACA’s Achieve the Dream event is free and open to the public and continues daily through Tuesday at the Hawaii Convention Center, 1801 Kalakaua Blvd. in Honolulu. Doors are open 6:00 am to 6:00 pm each day. More information and registration are available at www.naca.com. Walk-ins are also welcome.

Media Links:
NACA Video
Khon2 – Non-profit organization assists workers to become home owners

Hawaii News Now National non-profit offers low-cost home mortgages

Star Advertiser – Union Hopes Nonprofit and trust fund will help its members buy homes

About NACA (www.naca.com):
The Neighborhood Assistance Corporation of America (NACA) is a non-profit organization dedicated to economic justice through home ownership and community action. Founded by economic advocate Bruce Marks over thirty years ago, NACA is the largest HUD certified counseling agency with more than two million members nationwide. Through programs such as the Best in America Mortgage and HomeSave, NACA has helped thousands of consumers modify an unaffordable existing home loan or secure a mortgage to purchase a new home. With 50 offices nationwide, NACA has a proven track record of providing affordable homeownership to low and moderate-income consumers.  Bank of America and CitiMortgage have committed $13 billion to the NACA program. www.naca.com. #AchieveTheDreamNACA

ABOUT UNITE HERE LOCAL 5
Local 5 represents approximately 11,000 workers throughout Hawaii who work in the hospitality, health care and food service industries and is an affiliate of UNITE HERE, an international union that represents over 250,000 workers throughout the U.S. and Canada. For more information, visit www.unitehere5.org.

 

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