Bank of America has committed an additional $5 Billion to NACA's Best in America Mortgage to help low-to-moderate income homebuyers with this expansion we can continue to decrease the wealth disparity gap. https://lnkd.in/ekzUBiJ
NACA - Neighborhood Assistance Corporation of America
非盈利组织
Boston,MAssachusetts 8,963 位关注者
NACA fights for economic justice through affordable home-ownership. (NMLS#4082)
关于我们
The Neighborhood Assistance Corporation of America (NACA) is a nationwide non-profit organization fighting for economic justice through home ownership and community action. Founded in 1988 by financial advocate Bruce Marks, NACA has been in the forefront of attacking predatory lending. NACA's "Best in America Mortgage" offers no down payment, no closing fees, low interest rate, no PMI loans to low to moderate income people. Our character-based approach means that perfect credit is not required. Our "HomeSave" program has helped over 250,000 people modify their high interest rate loans and keep their homes. NACA's "Achieve the Dream" events provides a one-stop mortgage processing solution that allows for same-day NACA mortgage pre-qualifications. Thousands have attended the events in cities across the country. NACA is the largest HUD certified counseling agency in the United States with 47 offices to service the community. Bank of America and CitiMortage have committed over $18 billion to NACA mortgages. NACA has over two million members. www.naca.com. NMLS ID 4082. www.nmlsconsumeraccess.org.
- 网站
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https://www.naca.com
NACA - Neighborhood Assistance Corporation of America的外部链接
- 所属行业
- 非盈利组织
- 规模
- 501-1,000 人
- 总部
- Boston,MAssachusetts
- 类型
- 非营利机构
- 创立
- 1988
- 领域
- Homeownership Advocacy、Aggressive Loss Mitigation和Mortgage Operations
地点
NACA - Neighborhood Assistance Corporation of America员工
动态
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Urgent Action Needed: Protect Homeowners from Predatory Practices State lawmakers have sent Governor Maura Healey legislation that could shield BlueHub Capital, a Boston nonprofit accused of predatory lending, from lawsuits and consumer protection laws. This provision, buried in a $4 billion economic development bill, has sparked outrage. BlueHub’s SUN program resells foreclosed homes to original owners with “shared appreciation mortgages,” taking a portion of the home’s future value. Critics, including NACA CEO Bruce Marks, argue this exploits vulnerable homeowners. “This is the epitome of corruption,” said Marks. “If this flies, it shows that money and inside influence can buy immunity from any regulation or law.” ???What Can You Do? Join us in urging Maura Healey to veto this dangerous provision. We must protect homeowners and uphold accountability in Massachusetts. ?? Like, share, and comment to amplify this message. Let’s demand transparency and fairness in housing. #ProtectHomeowners #EconomicJustice #HousingRights #StopPredatoryLending
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Ready to Own Your Dream Home? Join Us in our multiple free homebuyer workshops When: Saturday, November 16, 2024 Time: 10:00 AM - 2:00 PM Don’t miss out on NACA’s FREE Homebuyer Workshop! Learn everything you need to know about owning your first home. Register now and take the first step towards your dream! Register Now: Scan the QR code or call the various NACA offices mentioned in the below carousal for assistance.
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At NACA, we believe homeownership should be achievable for everyone. Our Best in America Mortgage eliminates the common roadblocks: Barrier 1: Limited Savings NACA Solution: No Down Payment, No Closing Costs With NACA, there's no need for a down payment, closing costs, or mortgage insurance, making homeownership a reality for those who might struggle to save but can afford monthly payments. Barrier 2: Unaffordable Terms NACA Solution: Below-Market Fixed Rate & Buy-Down Option NACA’s mortgage offers a below-market rate regardless of credit score, plus a unique buy-down feature to reduce interest rates even further. Barrier 3: Restrictive Credit Requirements NACA Solution: Character-Based Lending We evaluate applicants on financial habits and income stability, not credit scores, with in-depth counseling to guide them toward sustainable homeownership. Barrier 4: Racism & Biases NACA Solution: Pre-Approval & Advocacy NACA provides a pre-approval process that qualifies Members as "cash buyers," equipping them to overcome biases in the market with a solid foundation for homeownership. ?? Visit our website to learn more: www.naca.com #NACAMortgage #AffordableHousing #Homeownership #BreakingBarriers
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The 2024 election may be over, but NACA’s mission to make affordable housing accessible nationwide presses on. ???Join us for Episode 4 of Breaking Barriers as CEO Bruce Marks explores how the results of the election will shape our continued fight for economic justice. Watch here: https://lnkd.in/ghRuVRUM #podcast #BreakingBarriers #AffordableHousing #housingmarket #Election2024
Breaking Barriers with Bruce Marks Episode 4 - Election Reflections: NACA's Path Forward
https://www.youtube.com/
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????Swipe to Read Joseph and his family's Journey with NACA!???? ? "Learning about NACA from a coworker, Clarhonda and Joseph discovered the incredible benefits — no down payment, no closing costs — that made homeownership possible. Today, they’re most excited to have a place to truly call their own.??????To them, the American Dream means the pursuit of happiness, and they've found it in a home they love." ? #NACAProud #HomeOwnership #AmericanDream #NACAFamily
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???? Nimo is now a proud homeowner in Kent, WA! NACA helped her achieve this dream with an incredible 4.75% interest rate from the Best Mortgage in America: ? NO Down Payment? ? NO Closing Costs? ? NO Fees? ? NO Credit Considerations? ? Below-Market Fixed Interest Rate Visit?naca.com?to find a free homebuyer workshop near you, or start your journey with our free self-paced online workshop today! #housingmarket #affordablehomes #lowinterestrates #wealthbuilding
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Honoring all those who served. This Veterans Day, we salute the courage, resilience, and dedication of our veterans who have fought for our freedoms. At NACA, we're committed to ensuring that affordable homeownership is within reach for all, including our nation’s heroes. #VeteransDay #HonoringHeroes #AffordableHomeownership
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Whether you're feeling hopeful or disheartened after this election, know that NACA's mission remains steadfast. For over 40 years, we’ve fought for economic justice and affordable homeownership—and that fight doesn’t waver with political changes. We’re committed to making homeownership accessible for all, with mortgage terms that require no down payment, no closing costs, no mortgage insurance, and no credit score consideration. Our work is driven by our collective vision for economic justice and stability for low- to moderate-income families across America. Together, we’re building a future that thrives because of our community’s strength. NACA stands with you, today and always. #EconomicJustice #AffordableHousing #2024Election #NACA #Homeownership #ElectionResults
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It’s Election Day! ??? Stand with us as we vote for stronger communities, fairer housing, and a brighter future. Let’s make an impact! #VoteWithNACA #YourVoteMatters #YourVoteYourVoice #Elections2024