Mortgage trouble?

 Neighborhood Assistance Corporation of America  Non-Profit

NACA – America’s Best Mortgage Program  

* No down payment, No closing costs, no fees, no requirements for perfect credit, and at a below-market interest rate.


America’s Best Mortgage!
One Mortgage Product – $10 Billion Committed
Fixed 30 Year (as of 4/26/2011)
No Down Payment, No Closing Costs
  About NACA  
  The Fight   
  Home Save   
Property Rehab
Purchase Overview
Purchase Product
Eligible Criteria
Maximum Purchase Price
NACA Service Areas
Steps To Your Home
Items for Qualification
Task List
Documentation Submission
Property Listings
Property View
Employment Information
Bank Information
Rental Information
Fax Received
Upload Documents
Fax Cover Sheet
Document Received
Task List
Documentation Submission
Upload Documents
Fax Cover Sheet
Document Received
Membership Requirements
NACA Workshop
Counseling Appointments
Mortgage Calculator
Member Services
NACA Policies
Membership & Credit Report Payments
Voter Registration
Current Appointment
Face to Face
Phone Appointment
Privacy Policy
Record Retention Policy
Fraud Prevention Policy
Property Rehab Overview
Rehab HAND
Rehab Process
Contractor Selection
Rehab Administration
Payment Process
Completion of Repairs/Renovation
Current Campaigns
Predatory Watch
Campaign Victories
Neighborhood Stabilization Committees
Predatory Lending Legislation
Politicians Report Card
Subprime Lending
Predatory Lending 1991 – 2000
Fleet Bank
Associates / Ford
First Union
Senator Phil Gramm
Bank of America
Union and Management
Neighborhood Stabilization
Real Estate Agent
Home Inspector
Lender Login
Investor Login
Refer Client
NACA Overview
NACA History
About Bruce Marks
Job Opportunities
Legal Information
Goals and Tactics
Office Map
By Zip Code
Establish new Offices
Free Services
Press Clips
Press Releases
NACA Video
NACA Radio
Contacting NACA

The Neighborhood Assistance Corporation of America (“NACA”) is a non-profit, community advocacy and homeownership organization. NACA’s primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership. NACA has made the dream of homeownership a reality for thousands of working people by counseling them honestly and effectively, enabling even those with poor credit to purchase a home or refinance a predatory loan with far better terms than those provided even in the prime market.

Investing in working people
The NACA homeownership program is our answer to the huge subprime and predatory lending industry. NACA has conclusively shown that when working people get the benefit of a prime rate loan, they can resolve their financial problems, make their mortgage payments and become prime borrowers. NACA’s track record of helping people who have credit problems become homeowners or refinance out of a predatory loan debunks the myth that high rates and fees are necessary to compensate for their “credit risk.”

Started in 1988, NACA has a tremendous track record of successful advocacy against predatory and discriminatory lenders as well as providing the best mortgage program in America with $10 billion in funding commitments. NACA is the largest housing services organization in the country and is rapidly expanding by growing its existing 30+ offices, headquartered in Boston, MA, opening many new offices nationwide, and expanding the services it offers its membership. NACA’s confrontational community organizing and unprecedented mortgage program have set the national standard for assisting low- and moderate-income people to achieve the dream of homeownership.

NACA – America’s Best Mortgage Program
The incredible NACA mortgage allows NACA Members to purchase or refinance homes with:

  • no down payment,
  • no closing costs,
  • no fees,
  • no requirement for perfect credit,
  • and at a below-market interest rate.

Everyone gets the same incredible terms, including the below-market interest rate, regardless of their credit score or other factors. NACA also provides free, comprehensive housing services. NACA counsels Members into the extraordinary NACA mortgage using character-based lending criteria that takes each Member’s circumstances into account to determine whether they are ready for homeownership and what they can afford. This is in contrast to risk-based pricing where people are often given loans they cannot afford while brokers and others make tremendous fees and profits.

Property renovation and foreclosure prevention
NACA also provides property renovation assistance and Membership Assistance for NACA homeowners. NACA’s Home and Neighborhood Development (“HAND”) Department addresses repair issues, and where appropriate provides rehab assistance throughout the renovation process. NACA’s Membership Assistance Program (MAP) provides comprehensive counseling for Members who are delinquent on their home payments, including establishing payment agreements and providing financial assistance to help Members avoid foreclosure.

Innovative technology
The NACA program has developed state-of-the-art mortgage software for web-based counseling, processing and underwriting., called “NACA Lynx”, which is the envy of the mortgage industry. This is a paperless system that allows for character lending, loan processing and underwriting to be done on a very large scale.

Powerful national advocacy
NACA has revolutionized mortgage lending with its mortgage services and advocacy. NACA’s organizing department continues the aggressive advocacy against predatory lenders and the fight for economic justice. NACA is a high-profile organization, with its program and advocacy featured in the national media, including the Wall Street Journal, Prime Time Live, Boston Globe, Washington Post, major news outlets, and local networks nationwide.

NACA’s committed staff and contacting NACA
Our staff of hundreds of dedicated staff is committed to working with you to access this incredible mortgage product and to advocate for strong neighborhoods and economic justice. We are always looking for qualified staff—see our current job listings for details. To keep updated on NACA services, campaigns, and relevant legislative happenings, sign up by clicking Contact Us.

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