NACA Cleveland in the Community

Representatives from the Cleveland NACA Staff are at the Ford Health & Education Fair today. You are invited to visit our booth and learn more about NACA. The Ford Health and Education Fair is located at 799 Abbe Road, Sheffield Lake, OH 44054 from 8:00am until 5:30pm today. See you there! ‪#‎Cleveland‬ ‪#‎NACAPurchase‬Cleveland Ford Education Health Fair

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

In Memoriam

The NACA Family is in mourning today with the sudden passing over the weekend of our friend, colleague and brother Calvin Grier. A veteran counselor and true “road warrior”, Calvin was part of the team for literally dozens of Save the Dream and American Dream events. Calvin’s work touched the lives of thousands of homeowners during his time with us. Our hearts, thoughts and prayers are with Calvin’s family and we share in the loss of someone who we gratefully called one of our own.

Calvin Grier

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | 5 Comments

St Louis NACA Member Testimonial

 

“My name is Ida McKeel, I am a proud homeowner through the Neighborhood Assistance Corporation of America (NACA). I would like to share my story.

I retired from my job of 36 years in May of 2009. My plan was to relocate, purchase a home, and travel. The housing market, during that time, was turned upside down. People were losing their homes; the value of many properties were turned upside down and homeowners found themselves “under water” with their mortgages. Unfortunately, it was not a good time to seek home ownership.
I moved from Los Angeles, California, to St. Louis, Missouri. This was supposed to be a short-term visit, then I was going to move on and settle in Atlanta, GA. In January of 2012, the housing market started to turn around and it became a “buyer’s” market. I found myself still here in St. Louis; I had found a nice Church home, and I decided to stay. This was when I learned about NACA. I went on their website to see who they were and to see if this was something that would benefit me.

The thing that caught my eye was the fact that I could purchase a home without paying a large down payment, no closing cost, and no escrow fees. Needless to say, that got my attention. The next meeting, in my area, was scheduled for Saturday, February 11, 2012. I signed up on their website to attend the meeting and when I arrived, I saw people in these yellow shirts with the logo of a shark and red letters on the back.

20150425_100109

At the end of the presentation, I was ready to sign up. On March 5, 2012, I went to the NACA Office and signed up to become a member; I met with the Office Manager, Mrs. Lana McClease, and a few real estate brokers (Mrs. Vernae Burrell and Ms. Nell Watts.) This group of ladies literally took me under their wings and walked me through the steps from beginning to end. Had it not been for them, I probably would not be a homeowner today.

Once I was qualified, (June 18, 2012), I began to look for a home. I don’t want to make it seem as though my journey was without challenges, because there were a few. However, if you want something bad enough, you must be willing to put in the time, effort, and labor, in order to accomplish your goal. As I always say, “The NACA program is the best thing that has come along since sliced bread!” But you have to be ready to do your “due diligence,” be “held accountable” for your participation during this journey. No one is just going to give you a home; you have to work with the NACA team if you ever want to become a homeowner. You want to become your Consultant and your Real Estate Broker’s BFF! You simply cannot do it without them.

Ida McKeel

On October 1, 2015, I will celebrate 3 years as a NACA Homeowner.

If becoming a homeowner is your dream, and you don’t want to have to come out of pocket all of the traditional expenses that are required by the banking institutions, become a member of NACA and get the process started towards owning your home as well. Thank you for allowing me to share my testimony.”

Home buyers can sign up NOW for our upcoming #NACAPurchase workshop on October 3rd at the William J. Harrison Education Center, 3140 Cass Avenue, Saint Louis, MO 63106. Register by entering your Zip Code where indicated at www.naca.com

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

BRUCE MARKS TO RECEIVE PRESTIGIOUS HONOR FROM CONGRESSIONAL BLACK CAUCUS

Mr. Marks has been awarded the 2015 Congressional Black Caucus Foundation Veterans Braintrust Award for NACA’s community service and work preventing homelessness.

CBCF Award Letter

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

THE MORTGAGE CRISIS STILL EXISTS

NACA-logo-flat-3

NACA is conducting its final two American Dream Tour events for 2015 in California later this month.  We will be in Ontario at the Ontario Convention Center August 21-25 and Sacramento at the Sacramento Convention Center August 28 – September 1.

In spite of suggestions to the contrary, a mortgage crisis still exists in America. More than seven years after the housing bubble burst, there are nearly one million homes across the country still in some stage of the foreclosure process and seven million homes are still at risk.  NACA’s American Dream Events are the nation’s largest and most effective homeownership events.  NACA has conducted more than 150 such events across the country, resulting in more than a quarter-million homeowners receiving affordable mortgage modifications and saving their homes from foreclosure.

The government and lenders believe the crisis is over and are no longer providing needed assistance even though there is still a huge demand.  NACA continues to provide affordable modifications nationwide because the need is still there.  “We do not take no for an answer and encourage the homeowners to join NACA in advocating for affordable solutions”, states NACA Founder and CEO Bruce Marks.

NACA’s American Dream Tour event gives homeowners the unique opportunity to meet face to face with their lender along with a NACA advocate to obtain an affordable solution the same day, thanks to the legally binding agreements NACA has with all the major lenders, plus investors Fannie Mae and Freddie Mac. Many homeowners have their interest rate reduced to as low as 2% and possibly receive a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment.

These will be NACA’s only events in  California during 2015, so it is crucial that everyone in the area take advantage of this opportunity… ALL NACA SERVICES ARE FREE OF CHARGE

Homeowners with Bank of America loans can still potentially benefit from last year’s $17 Billion mortgage settlement with the Justice Department. Homeowners with loans from any major lender can also benefit from the terms of the National Mortgage Settlement as well as other settlements. Since all of NACA’s services are free, homeowners have everything to gain and nothing to lose. 

NACA’s Purchase Program will also be highlighted at the event, including the game-changing 15-year Freedom Loan introduced last September. This historic mortgage program allows homeowners to build personal wealth rapidly through a shorter term loan that starts with a lower interest rate than a standard 30-year mortgage, plus features an aggressive interest rate buy down feature that allows the interest rate to be lowered to virtually zero.

Just as with NACA’s 30-year mortgage, home buyers who qualify at the event for NACA’s Best in America Mortgage do so with no down payment, no closing costs, no points or fees. Everyone receives a below market interest rate without consideration of their credit score, but based on their individual circumstances. Homeowners and homebuyers can again realize the dream of affordable homeownership. For documents needed and to register, go to www.naca.com or call 425-602-6222.  Register now!

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

MIAMI AMERICAN DREAM EVENT SUCCESS STORY

Here is an email from a homeowner helped at our ‪#‎AmericanDream‬ Tour event in Miami Beach. It speaks for itself:

MIAMI 2015 2
From: s******* <s*******@aol.com>
Date: Sat, Jul 25, 2015 at 8:53 AM

Subject: RE: Preserving the American Dream
To: a****@a***********.com

Dear Mr. Williams,

I attended the NACA Home Save event On Friday, July 24th. Wells Fargo is my Mortgage Lender. I provided the documents required from NACA (listed in your email), and met with a Wells Fargo Representative after NACA reviewed and recommended me for a modification to Wells Fargo.

Wells Fargo modified my mortgage and forgave me $45,000.00 off the principal.

My mortgage payment was lowered by $170.00 a month and my interest rate is fixed @4.25%. With this blessing I can now stay in my home!

NO ONE with any type of mortgage issue should miss this Home Save event. It is real and I know firsthand that the system is working to give help to homeowners that are in need of help. If you do not have all of your documents go with what you have so that you can be entered in the system and when a rep from NACA reviews your documents you will be told what additional documents are needed to get you the modification. YOUR HOME CAN BE SAVED!

The hours are 9am – 6pm. The NACA convention is here until this Tuesday, July 28th.

Abundant Blessings!

R*** B****

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

Required Documents for NACA Home Save Program

 

Section 1- Required Documents for All Borrowers, Co-Borrowers and Household Contributors

Personal Identification (picture ID or current driver’s license)
Most recent two (2) years Tax Returns- Signed and dated.  This includes personal and business tax returns if self-employed.
Most recent three (3) Months Bank Statements for all Accounts- All pages even if blank
Current Utility Bill showing proof of occupancy
Mortgage Statement- Most recent available
Homeowner Association (HOA/Condo/Coop) Fee Statement or if n/a, write a letter stating that you do not have a HOA
Insurance Declaration Page showing yearly premium & coverage on the home, flood insurance statement (if applicable) and proof of any other required insurance for the home.  (Most Condo/Coop insurance is covered by the HOA/Maintenance Fee.)
Property Tax Statement(s) for city/county, if applicable, showing amount due each year (included in Maintenance Fee for Co-ops)

Section 2 – Required Documentation Based on Income Type

Paystubs Last 30 days Paystubs showing YTD earnings
Contribution Non-Borrower Contribution and Authorization Form- to be completed by all Contributors.  Contributors must also provide proof of income, complete form 4506T AND provide the applicable items from Section 1 above.  Borrower must provide two (2) months current bank statements showing contribution income is being deposited.
Rental Current Lease agreement and 2 months current bank statements showing rental income is being deposited.
Self-Employed Most recent  6-month or YTD Profit & Loss Statement; and last 6 months bank statements with business deposits and business expenses identified and categorized, most recent Federal Income Tax Return (form 1040 with all schedules attached, and Business Tax Return:  form 1065, 1120-S or 1120, whichever is applicable.)
Social Security Most recent year’s benefits award letter, last 2 months bank statements (showing money is being direct deposited) or copy of last 2 months cancelled checks if money is not direct deposited
Pension Most recent  year’s benefits award letter, last 2 months bank statements (showing money is being direct deposited) or copy of last 2 months cancelled checks if money is not direct deposited
Child Support Court document or divorce decree showing required payment amount, last 2 months bank statements or cancelled checks proving receipt of income.  Use of child support income is optional.  If included, borrowers must provide the required documentation.
Alimony Court document showing required payment amount, last 2 months bank statements or copy of last 2 months cancelled checks if money is not being deposited
Disability Most recent year’s benefits award letter, last 2 months bank statements or copy of 2 months of cancelled checks if money is not being deposited
Unemployment Current award letter or unemployment statement showing amount of benefits and how long benefits will last
Retirement Award letter with monthly amount and last 2 months bank statements or copy of last 2 months cancelled checks

Section 3 – Other Documents- may be needed depending upon individual circumstance

Notice of Sale Date or Intent to Foreclosure
Bankruptcy – Attorney Permission Letter required when in active Chapter 13, addressed to Mortgage Company (not NACA).  Letter must include:  borrower’s name, property address, loan number, BK case #, and must state that Mortgage Company has permission to work directly with you on modifying the mortgage.  Borrower must provide Discharge Letter if bankruptcy has been discharged.
Death Certificate – May be needed if one of original borrowers is deceased
Executor of Estate – May be needed if original mortgager is deceased
Quit Claim Deed – Needed when one borrower no longer resides in the property and has given up their interest in the property.
Proof of name change if different from name on loan.
Divorce Decree or other documents relation to dissolution of marriage
Authorization to Escrow (required in some states, especially CA)
Lien releases or subordination agreement – needed if liens show on the title report (2nd mortgage, IRS lien, judgments from creditors.

Section 4 – Documents to be completed as part of your Counseling Session

Form 4506T, signed and dated
Form 710 for Fannie Mae and Freddie Mac-owned loans, RMA for all Other Loan types, Hardship Affidavit for FHA loans
Dodd-Frank Certification
Authorization Form with property address, city, state and zip written on each page.  Borrower must also initial each page.
Hardship Explanation and Affidavit
NACA Budget
Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

NACA American Dream Tour in Miami July 24-28

NACA-logo-flat-3*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE
Press Release –
July 21, 2015CONTACT:

Ricardo Herrera, Director of Communications, Cell: 704-962-1605; rherrera@naca.com
Tim Trumble, Media Coordinator, Cell:
617-947-2632; ttrumble@naca.com

 

NACA’S MOST SUCCESSFUL HOME OWNERSHIP EVENT IN U.S. HISTORY RETURNS TO MIAMI

 WHAT: NACA’S MIAMI AMERICAN DREAM EVENT
WHEN: Friday, July 24th through Tuesday, July 28th,  8:00 a.m. – 6:00 p.m.
WHERE:
Miami Beach Convention Center, 1901 Convention Center Drive, Miami Beach, FL 33139

(July 21, 2015– Miami, FL ) – NACA (Neighborhood Assistance Corporation of America), the nation’s largest HUD Certified non-profit, will be conducting its only 2015 American Dream Tour Event in South Florida Friday, July 24th through Tuesday, July 28th, 8:00 a.m. to 6:00 p.m. each day at the Miami Beach Convention Center. This event is for both homeowners with an unaffordable mortgage and homebuyers wanting to purchase a home using NACA’s “Best in America” mortgage.

NACA’s American Dream Tour event gives homeowners the unique opportunity to meet face to face with their lender on-site to obtain an affordable same-day solution because of the legally binding agreements NACA has with all the major lenders plus investors Fannie Mae and Freddie Mac. Many homeowners have their interest rate reduced to as low as 2% and possibly receive a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment.

“Millions of homeowners across the country still have a great need for help, so NACA continues to be relentless in advocating for homeowners” states Bruce Marks, Founder and CEO of NACA. “NACA continues to provide affordable modifications nationwide.  We do not take no for an answer and encourage the homeowners to join NACA in advocating for affordable solutions.”

Homeowners with Bank of America loans can still potentially benefit from last year’s $17 Billion mortgage settlement with the Justice Department. Homeowners with loans from any major lender can also benefit from the terms of the National Mortgage Settlement as well as other settlements. Since all of NACA’s services are free, homeowners have everything to gain and nothing to lose.

ALL NACA SERVICES ARE FREE OF CHARGE.

Home buyers can qualify at the event for NACA’s Best in America Mortgage with no down payment, no closing costs, no points or fees. Everyone receives the same below market interest rate without consideration of their credit score, but based on their individual circumstances. Homeowners and homebuyers can again realize the dream of affordable homeownership.

For documents needed and to register, go to www.naca.com or call 801-606-6222.  Walk-ins are welcome.

NACA’s Home Save and Purchase programs have been highlighted on the national and local news as the most effective in providing affordable homeownership, including the recent history making Detroit Neighborhood Initiative:

CNN: One man’s fight against Foreclosures
New York Times:
The Homebuyer’s Champion

Detroit Neighborhood Initiative: Mortgage Announcement for City of Detroit Residents

 

About NACA (www.naca.com):

NACA is the largest and most effective organization in modifying mortgages and provides the best mortgage in the country. NACA CEO Bruce Marks was named Bostonian of the Year for 2007 because of his work in getting the major lenders and servicers to modify home loans for borrowers who come through NACA. See Bostonian of the Year. He has also testified before Congress on numerous occasions including September 12, 2000, being one of the only people to sound the alarm of the pending mortgage crisis. For more information go to www.naca.com.

 

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

Happy Fourth of July from Everyone at NACA!

Flag

Posted in Uncategorized | Leave a comment

AMERICAN DREAM EVENT RETURNS TO MIAMI

NACA-logo-flat-3*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE
Press Release –
June 25, 2015

CONTACT:

Ricardo Herrera, Director of Communications, Cell: 704-962-1605; rherrera@naca.com
Tim Trumble, Media Coordinator, Cell:
617-947-2632; ttrumble@naca.com

 

NACA’S MOST SUCCESSFUL HOME OWNERSHIP EVENT IN U.S. HISTORY RETURNS TO MIAMI

 WHAT: NACA’S MIAMI AMERICAN DREAM EVENT
WHEN: Friday, July 24th through Tuesday, July 28th, 8:00 a.m. – 6:00 p.m.
WHERE:
Miami Beach Convention Center, 1901 Convention Center Drive, Miami Beach, FL 33139

(June 25, 2015– Miami, FL ) – NACA (Neighborhood Assistance Corporation of America), the nation’s largest HUD Certified non-profit, will be conducting its only 2015 American Dream Tour Event in South Florida Friday, July 24th through Tuesday, July 28th, 8:00 a.m. to 6:00 p.m. each day at the Miami Beach Convention Center. This event is for both homeowners with an unaffordable mortgage and homebuyers wanting to purchase a home using NACA’s “Best in America” mortgage.

NACA’s American Dream Tour event gives homeowners the unique opportunity to meet face to face with their lender on-site to obtain an affordable same-day solution because of the legally binding agreements NACA has with all the major lenders plus investors Fannie Mae and Freddie Mac. Many homeowners have their interest rate reduced to as low as 2% and possibly receive a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment. 

“Millions of homeowners across the country still have a great need for help, so NACA continues to be relentless in advocating for homeowners” states Bruce Marks, Founder and CEO of NACA. “NACA continues to provide affordable modifications nationwide.  We do not take no for an answer and encourage the homeowners to join NACA in advocating for affordable solutions.”

Homeowners with Bank of America loans can still potentially benefit from last year’s $17 Billion mortgage settlement with the Justice Department. Homeowners with loans from any major lender can also benefit from the terms of the National Mortgage Settlement as well as other settlements. Since all of NACA’s services are free, homeowners have everything to gain and nothing to lose.

ALL NACA SERVICES ARE FREE OF CHARGE.

Home buyers can qualify at the event for NACA’s Best in America Mortgage with no down payment, no closing costs, no points or fees. Everyone receives the same below market interest rate without consideration of their credit score, but based on their individual circumstances. Homeowners and homebuyers can again realize the dream of affordable homeownership.

For documents needed and to register, go to www.naca.com or call 801-606-6222.  Walk-ins are welcome.

NACA’s Home Save and Purchase programs have been highlighted on the national and local news as the most effective in providing affordable homeownership, including the recent history making Detroit Neighborhood Initiative:

CNN: One man’s fight against Foreclosures
New York Times:
The Homebuyer’s Champion

Detroit Neighborhood Initiative: Mortgage Announcement for City of Detroit Residents

About NACA (www.naca.com):

NACA is the largest and most effective organization in modifying mortgages and provides the best mortgage in the country. NACA CEO Bruce Marks was named Bostonian of the Year for 2007 because of his work in getting the major lenders and servicers to modify home loans for borrowers who come through NACA. See Bostonian of the Year. He has also testified before Congress on numerous occasions including September 12, 2000, being one of the only people to sound the alarm of the pending mortgage crisis. For more information go to www.naca.com.

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment
Follow us on Facebook RSS Feed Follow us on Twitter