Success with NACA

[Myeasha Jones]

Has anyone had success with naca or know of someone who has? Or getting a mortgage with character based lending?

Would love to hear from you if you’re in the Bay Area ca but open to anywhere 

[Nicholas Jackson]

Quote from @Myeasha Jones:

Has anyone had success with naca or know of someone who has? Or getting a mortgage with character based lending?

Would love to hear from you if you’re in the Bay Area ca but open to anywhere 

I am still in the early process post purchase but I have had a successful experience with NACA. It has had its ups and downs but I managed to purchase a duplex with a NACA loan. The home is in my price range without a tenant and with a tenant it should cover my mortgage! I am doing some work to finish up the unit and have it ready for a tenant within the next month. The process all together from start to finish (closing) took me about 8 months. Considering that my income is on the lower end it was a wonderful decision for me and really has put me in the position to jumpstart my real estate career with househacking. NACA is intense so I would say everyone needs to make sure its for them and it fits your needs before jumping into the program. I encourage everyone to at least do the initial workshop to learn about it and see if it would work for you! Feel free to reach out if you would like to know more about my process.