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America's Best Mortgage!
One Mortgage Product - $10 Billion Committed
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4.0%
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Fixed 30 Year (as of 8/19/2010)
No Down Payment, No Closing Costs
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HOME SAVE PROGRAM
NACAs Home Save Program is nationally recognized as the most effective solution for homeowners with an unaffordable mortgage providing such solutions nationwide as the largest such organization. The NACA solution is to restructure the existing mortgage by permanently reducing the interest rate to achieve an affordable mortgage payment. A mortgage restructure is not a refinance that requires eligibility for a new loan (i.e. high credit scores, high property values, etc). Since a restructure reduces either or both the interest rate and/or mortgage principal on the existing first mortgage, there are no mortgage criteria eligibility restrictions. If the homeowner is unemployed NACA provides a forbearance with a minimum payment until that have steady income to have their mortgage restructured. The only homeowners not eligible are investors who own other properties.
NACA has legally binding agreements with all the major lenders/servicers and investors (i.e. Fannie Mae and Freddie Mac) covering over 90% of homeowners to achieve to a restructure or forbearance and is advocating against others. While servicers, investors and government agencies often fight against long-term solutions, NACA will continue advocating with you to achieve a long-term affordable payment that is locked-in for the remaining term of the mortgage. All of NACA’s services are Free. NACA also provides for free a forensic audit to determine any violations in obtaining your current mortgage.
NACA has developed a streamlined process to best assist you including working with a dedicated NACA counselor. To begin the process you need to attend a NACA Workshop and then have a phone counseling session to submit your file to the servicer. If a workshop is not within 100 miles of your home, you can make do a counseling session without attending a workshop. You also need to Complete the Web-submission. By doing your Web-submission, you will receive your NACA Member ID and password. This is crucial since it gives you access to your personal Web-File.
The key point of contact for updates and next steps is your personal file on our website (“Web-File”). Your Web-File which you can access on the homepage under Member is your personal page to obtain the status of your file, making appointments and next steps. Access you Web-File on www.NACA.com by selecting web-file/status under NACA Member. Put in your NACA ID and password. Your Web-File is continually updated and is the most effective way to stay informed and on your next steps. Please utilize your web-file for updates and next steps prior to calling a department or a Member Services representative. Remember, any issues need to be addressed by calling a Member Services Representative at 1-888-404-6222 option 5 on the main menu rather than the local NACA office. If you are beginning the process take the first step by attending a workshop now.
Once your receive your NACA ID number and password by completing the Web-Submission, you need to continually access your web-file.
Click here to access your Web-File.
If you have an auction date click here for Sale/Auction Dates and NACA will work to suspend it to provide an opportunity to assist you.
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