Member Participation Requirements

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  • #40595
    sambryner
    Member

    Hello,

    I was curious if anyone knew what the timeline of participation requirements was? We have done 1 participation so far and just had our application sent to underwriter to be approved (or told what else is needed). Will we need another one prior to being able to put offers in on homes or purchase?

    Thanks

    #40598
    southflorida
    Member

    I think you need to have 2 participations before you close

    #40602
    sambryner
    Member

    Thanks for responding. I would guess that Is based off of the calendar year, so since our first one was in 2017 we would need to do 2 more before closing.

    #40610
    TTrumble
    Member

    Hello sambryner,

    You’ll only need one more before closing, and the requirement can be met in several simple ways such as posting workshop flyers at work, church, etc and even on line, referring people to the NACA program who attend the Qualification Workshop, and other ways. The local office can give you several ideas on how to earn those credits.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

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