Anyone got a NACA Lon before?

2 Replies

Hello investors, I’m interviewing and searching for a lender for my first property and came across a non profit called NACA (neighborhood assistance corporation of america). It has a 3.625% (as of this writing) loan program, no down payment, no MPI. I’ve had my intro meeting and will meet with an intake advisor next week but curious is anyone out here has had success with NACA and their experiences with them. Cheers JT

@ahmed what do you mean you never really own the property? They do have a 0 down payment option along with a lien of sale if you move out without their consent but I don’t understand what you mean.

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