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