"NACA takes too long"

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  • #30131
    rashad3000
    Participant

    A friend I know recently texted me and told me he was qualified for an FHA loan. He asked me if he should go with FHA or Conventional. I told him conventional is far better and that FHA is the biggest ripoff known to man. I then told him he needs to go through NACA. He replied that “NACA takes too long”. I’ve told him about NACA for years. I closed in May. He could have gone to a workshop a long time ago, but chose not to. It baffles me how someone can go 35-40 years without owning a home, yet they can’t wait another 6 months – 1 year to purchase it the right way. I’m saving around $500-600 a month with NACA. Please tell me that it isn’t worth it to wait a year to save $90,000 over a 15 year range.

    Some people really are ridiculous to me!

    #30135
    aalj12
    Member

    Totally agree with you!!

    #30149
    bebe1960
    Member

    Unfortunately and fortunately NACA isn’t for everyone. If it were our MCs would be busier than they are.

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