Need help making best friend a believer of NACA

Home Forums Purchase Program Need help making best friend a believer of NACA

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  • #36520
    GazelleFocus
    Member

    Hey y’all! Trying to do my part to continue to share the awesome features of NACA. My best friend lives in the Los Angeles area and we can’t find anything on the forums that shares the maximum purchase price for that area. Does anyone know? She’s worried that NACA’s limit won’t give them room for a decent home.

    #36522
    losangeles1
    Member

    I qualified last October, max on a single family in Los Angeles was 417k, more for units. If you have money for buy down and the home is in a lower income area the purchase price is more, I think we could go up to $460k on a single family, however the interest rates have gone up since then.

    #36524
    GazelleFocus
    Member

    Thanks for the quick reply @losangeles1! Do you know if that same pricing applies to Orange County?

    #36535
    TTrumble
    Member

    Hello GazelleFocus,

    If you are subject to the regional Maximum Acquisition Cost, it is indeed $417,000 for a single family home in Orange County, CA.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

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