Assistance Needed

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  • #78742
    liberty4
    Member

    I purchased my home via NACA 6 years ago, I’ve since been divorced so my financial situation has changed. I am now the sole owner of the home for years; however have been impacted and my home is currently in forbearance.

    I owe approximately $300,000 on the home and it’s worth about $500,000. I really need to access a portion of the equity to pay off additional debt to help my financial situation and consolidate debt.

    Is it possible to restructure my loan through NACA to access my equity? Will I lose my interest rate in this process?

    #78752
    TTrumble
    Member

    Hello liberty 4,

    You need to contact the NACA Member Assistance Program at 425-602-6222. They will work with you to determine what options are available to you.

    Tim Trumble
    Online Operations, NACA

    #79726
    cshiru
    Participant

    Tim, I want to refinance. who do I contact for the documents requested by the NACA lawyer? I have emailed and no responses yet. Kindly help.
    Thanks

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