September 3, 2020



(BOSTON– September 3, 2020) – Lakeisha Williams once thought she could never be able to afford a home of her own for herself and her daughters.

Instead, she obtained the Best Mortgage in America and became an Atlanta homeowner through a new, entirely virtual system that not helps to overcome the four barriers that commonly prevent low and moderate income and minority homebuyers from obtaining an affordable mortgage but also protects everyone involved during the Covid-19 pandemic.

Thanks to NACA’s Best in America mortgage program, Ms. Williams closed on her $340,000 Atlanta home on July 24th with an amazing 2.125% fixed interest rate.  She knows first-hand the incredible benefits of the NACA purchase program and new virtual Achieve the Dream events.   She began the NACA process in mid-May and she completed the counselling, underwriting, offer, application, approval and closing all online through the completely online Achieve the Dream process.

“I’m very grateful to not have to leave my home and to be able to speak to a lot of people. I’m just really thankful that Covid-19 didn’t stop my blessing,” Ms. Williams said about the entirely on-line experience. “I’m just so thankful to NACA for making my dream come true.”

NACA has accomplished one of the most innovative pivots done by any American business during the Covid-19 pandemic.  NACA, the nation’s largest HUD certified non-profit, not only remained open and did not layoff or furlough any staff but has actually hired many additional staff to provide all of its housing counseling services to every part of America by virtual means.   NACA reimagined its operations using its state-of-the-art technology to create an online version of its face-to-face Achieve the Dream events where thousands of homebuyers attend to become NACA Qualified (i.e. pre-approved) in one day for NACA’s Best in America Mortgage. 

During the Covid-19 pandemic, thousands of low to moderate income and minority homebuyers are achieving the American Dream of homeownership thanks to NACA’s unequalled Best in America mortgage product.  NACA is provides this mortgage with everyone receiving the following terms: no down payment, no closing costs, no PMI and a fixed below market interest rate (2.50% 30-year and 2.125% 15-year as of 9/3/20). 

The NACA program is an unequalled opportunity for low to moderate income and minority homebuyers to achieve affordable homeownership.  This is done by overcoming the four major barriers to affordable homeownership for those who have traditionally been locked out:

Barrier: High Savings Requirement
NACA Solution: No Down Payment & No Closing Costs

Barrier: Unaffordable Terms
NACA Solution: Below Market Fixed Rate & Aggressive Buy-Down
Barrier: Restrictive Underwriting based on Credit Score
NACA Solution: Character Based Lending without Consideration of Credit Score
Barrier: Racism & Biases
NACA Solution: Pre-Approval & Advocacy

NACA is the most effective organization is overcoming systematic racism and reducing the wealth disparity gap.  Over more than 20 years NACA has originated over 60,000 mortgages with 88% to minority borrowers.  The foreclosure rate is one the lowest at 0.00012 (one-hundredth of one percent).   NACA has $15 Billion committed to this one extraordinary mortgage with $10 Billion from Bank of America. 

“While the NACA program sounds too good to be true,” states Bruce Marks NACA’s CEO and founder. “we have demonstrated that when you lend the right way on affordable terms borrowers make their mortgage payments.  Now that we are in all fifty states, we will make the NACA standard the national standard.” 

In the virtual Achieve the Dream format, the four-hour Homebuyers Workshop is conducted as a webinar, the documents (i.e. paystubs, bank statements, tax returns, etc.) are uploaded electronically into the homebuyer’s file, the two-hour counseling appointment with a NACA counselor takes place via videoconference, and NACA underwriters review the completed file and notify the homebuyer of their pre-approval or next steps toward qualification.  From May 14th through July 21st NACA completed six virtual video four-day events, counseling homebuyers from 8:00 a.m. to often past midnight Thursday through Sunday, and are continuing every other weekend.  Over 35,000 homebuyers have attended these NACA virtual Achieve the Dream events with thousands of homebuyers qualified for the NACA Mortgage.    

Virtual Achieve the Dream events are presently scheduled through November. Dates and registration for the initial online Qualification Workshop and the Achieve the Dream events can be found on NACA’s website at

Links to Achieve the Dream events:

NACA’s Achieve the Dream Events

Success Stories at NACA’s Achieve the Dream Events

Dallas Achieve the Dream Event

FOX story

Houston Testimonial Maria Lara

About NACA (

Started in 1988, NACA is the largest HUD-Certified nonprofit, community advocacy, and homeownership organization in the United States. NACA has been the forefront in fighting predatory lending and has been the most effective organization in providing affordable solutions to over 250,000 homeowners.  NACA provides the best mortgage in the country through its 48 offices nationwide. NACA’s founder and 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. He has also testified before Congress on numerous occasions including September 12, 2000—being one of the few to sound the alarm of the pending mortgage crisis. For more information, please visit

By TTrumble

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

  1. Hello,

    I had my intake with 18 year naca vet Argel Silva on 11/18/20 I had a good experience. My status qualification pending and I’m waiting for my status to become qualified so that I can finally purchase my home.

    1. While the VA mortgage is excellent, NACA’s mortgage is still significantly better. VA loans are administered completely through Veteran’s Affairs. The VA mortgage requires closing costs, has a higher interest rate and fees, including a funding fee calculated as a percentage of the loan amount. With NACA there are no upfront costs or fees, no down payment, no credit score requirement, lower interest terms (including a generous buy-down option), and no monthly mortgage insurance premium (MIP).

  2. Hello, I reside in Wisconsin however have not heard many people in Wisconsin utilizing the NACA program. Has NACA closed on homes in Wisconsin?

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