NACA’s American Dream Tour stops in Chicago, IL for a five day event, Thursday, June 12th through Monday, June 16th at the Hyatt Regency Chicago, 151 E. Wacker St., Chicago, IL 60601. The event will run from 8am to 6pm all five days. The NACA Home Save and Home Purchase programs will both be represented at the event.
The Home Save Program gives homeowners with an unaffordable mortgage the opportunity to get their mortgage restructured to an affordable payment and avoid foreclosure. Representatives of all the major lenders will be on hand as well as investors Fannie Mae and Freddie Mac so that many homeowners can receive a same-day solution to their mortgage problems.
The Home Purchase Program allows potential home buyers to obtain “America’s Best Mortgage” with no down payment, no closing costs, no points and always at a below market interest rate on a fixed rate, 30-year loan. Today’s rate (as of 56/5/2014) is 4.0%.
NACA’s American Dream Events are always free, open to the public, and there is no charge for NACA’s services. More information and registration for this and all of NACA’s scheduled American Dream Events can be found on our website at http://www.naca.com. While advance registration is preferred, walk-ins are also welcome.
4 Comments
Do you look at credit score
Hello Mary R Horsely,
NACA is a character-based lending program and does NOT use your credit score. We will review your credit file as part of determining your monthly obligations, budget and affordability, but your credit score is not in any way considered in the NACA program.
Tim Trumble
Online Operations, NACA
ttrumble@naca.com
Are disabled individuals eligible for this wonderful program? I didn’t see SSD documents on the list of paperwork needed.
Thank you
Hello H. Barnes,
SSD documents would be considered income documents. Of course disabled individuals are eligible. In fact federal law says disability or source of income (as long as it is legal) cannot be be used as reasons to deny a loan.
Tim Trumble
Online Operations, NACA
ttrumble@naca.com