NACA Home Ownership Mortgage Program
"The Neighborhood Assistance Corporation of America ("NACA") is a non-profit, community advocacy, and home ownership organization. NACA’s primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable home ownership. NACA has made the dream of home ownership a reality for thousands of working people by counseling them honestly and effectively, enabling even those with poor credit to purchase a home or modify their predatory loan with far better terms than those provided even in the prime market." - The NACA mortgage allows NACA Members to purchase their homes with:
- Below market 30-year fixed rate, 100% mortgage financing provided by Bank of America that is only available through NACA
- NO down payment
- NO closing costs
- NO fees
- NO requirement for perfect credit
The NACA mortgage may be used with other home buyer assistance programs to reduce the home purchase cost. Check the FAQ sections of other available home buyer assistance programs to see if there are any restrictions that may apply. To see how much you may qualify for, click on the NACA Mortgage Payment Calculator link, scroll to the bottom of the page and enter the requested information.
Atlanta Housing Home Ownership Program
Atlanta Housing's Homeownership Down Payment Assistance Program is designed to help increase home ownership opportunities for low-to-moderate income first-time home-buyers, which are those persons at or below 80% of the Area Median Income (AMI) as published by the U.S. Department of HUD. This is accomplished through community development support, partnerships, outreach initiatives, home-buyer education and subsidy assistance. Eligible candidates can receive up to $25,000 in subsidy assistance from Atlanta Housing. The Atlanta Housing’s Down Payment Assistance Program can be used in conjunction with down payment assistance funding from other sources or agencies.
