September 19, 2013 @ 12:00 pm – September 23, 2013 @ 10:00 pm
DC Armory
2001 East Capitol St SE
DC 20003
Free of Charge
NACA Member Services

NACA’s American Dream Tour stops in Washington DC for a five day event, Thursday,  September 19 through Monday, September 23.    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 5/31/13) is 3.625%.

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.

By TTrumble

Online Operations Team and Forum Administrator for NACA. Based in the NACA National Counseling Center in Charlotte, NC.

10 thoughts on “Washington DC American Dream Event”
  1. Please send me more infomation on up coming event Sept 19th – Sept 23rd.

    Tonya Hicks

    1. Hello Lashawn Arnold,

      We do not have another New York are event scheduled during the remainder of 2013 and 2014 tour dates have not been announced yet. The closest we will get is Washington DC September 19-23.

      If you are looking for help with a modification through our Home Save Program, the entire process can be done remotely by phone, fax and internet. If you are wanting to purchase a home, simply go to our website and sign up for a workshop in your area.

      Tim Trumble
      Online Operations, NACA

  2. Hello Tim,

    Our file is complete but our MC has not finished “to put together” all the papers. If we assist to the dream event with all our completed paperwork, files; could be possible to be qualified in the dream event?

    I’ll really appreciate your feedback,

    Thank you.

    1. Hello mvzRa,

      You certainly can speak with a counselor at the event, and volunteering will meet the requirement for one action before you close. Not knowing the specifics of you file I certainly can’t make any promises but it will most likely be worth your while to attend and volunteer.

      Tim Trumble
      Online Operations, NACA

  3. I’m one month behind on my mortgage. I’m retired and have no additional income. I applied for assistance, a payment plan, and a loan modification with my current mortgage company. I was denied for both. What would possibly be the difference in qualifying me with NACA? I’m in the Washington Metro Area and will be available to attend your September workshop
    Thank you in advance for you assistance in this matter

    1. Hello Audrey Smallwood,

      The fact is that nearly 100% of the people who come to NACA for a mortgage modification have already tried and failed to get a modification working directly with their bank. NACA’s legally binding agreements with the major lenders and the fact that we work with a single department at each bank means that we are able to achieve success roughly 80% of the time.

      Additionally, experience has shown that the opportunity to meet face to face with your lender at the American Dream event does make a difference by humanizing the process. you aren’t just a file on a computer screen or numbers on a spreadsheet.

      There is never a guarantee of success, but we can promise that your odds of success are much better when working with NACA. All of our services are free, so you have absolutely nothing to lose but some time by coming to the event. Make sure you come as well prepared with documents as you possibly can, and be prepared to spend the entire day at the event, since the crowds do tend to increase as people learn about the event, but there is a very good chance that it will be well worth your time.

      Tim Trumble
      Online Operations, NACA

    1. Hello amber westbrook,

      In many cases, the investor on a mortgage will require the loan to be past due unless it qualifies under what is called Imminent Default. Basically, you must prove that you are about to go past due on the mortgage and cannot do anything about it, and one of the “Four D’s” must also be a factor: Death, Divorce, Disability or Disaster. Reduced income through unemployment or business decline will not qualify.

      Most investors, including Fannie Mae and Freddie Mac, do require that the mortgage be at least two months late or qualify under Imminent Default.

      In some cases, the lender can grant a three month forbearance if you can show genuine hardship but are still current. This allows the loan to technically become delinquent and thus become eligible for modification when it would not otherwise. The only way to find out if this can be done for you or any individual is to try.

      Tim Trumble
      Online Operations, NACA

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