The Best MC noooooo 😩 should I call and ask them to confirm another MC? I don’t want my appmnt to be held up. Wishing you the best in your future endeavors!
@@m.m.williams5776 Go to the NACA Website and bring everything on the flyer. If you have student loans bring the approval letter saying what your payments are. Bring copies of any investment accounts..
It was very good to know that nothing is visible until the intake appointment. I think this is the first time I've heard that. I see many people express aggravation in their videos when they've uploaded docs in advance and the MC ask many of the questions they think are answered through the uploaded documents.
Hello! I've viewed a "gang" of videos re: the NACA Process. You two are GREAT. Thank you so much for this. I am moving forward and looking forward to homeownership. YEAH
Thank you both so much for sitting down and talking about this. I learned so much. I have some questions to add to the list: 1. As it relates to payment shock, (which is something I like, and have personally done on my own freewill once) can you base the difference on the amount you are currently paying in rent, and the amount you desire to pay through NACA after you buy down the interest rate? For example: Lets say the mortgage on the house you want to buy would have been $1,300 with a 3.25% interest rate, but you plan to buy down the interest rate to .00625%, which would make this same mortgage now $950. Can you base your payment shock on the $950, if you can show proof that you have money to buy down the interest rate? 2. Can you buy down the interest rate for NACA, as well as pay a down payment, to make your mortgage payments lower, even though NACA doesn't require you to pay a down payment? 3. Is it true that the lowest you can buy down the interest rate to is .0065? 4. If you are currently a homeowner and wanting to sell your home, is there a certain time frame you have to wait after you sell your home, to purchase a home through NACA? 5. Can you talk about any additional financial assistance NACA possibly could provide, like how you were told that your client could get more money? Again, thank you both for your time.
This is a great video. One of the best and most informative. My appointment is this month, this is the only video that mentioned the ability to upload your documents prior to your appointment. Also having you documents upload electronically which I had already planned to do before the appointment.
This is a great and informative interview. I'm in GA and have my intake in two months. This video just gave me life!!!! It surely made me more excited and encouraged for my home purchasing journey.
Naca office in Orlando Florida is a joke, particularly Oscar Robles counselor's are horrible. Your success through Naca depends on your readiness and also a great counselor. We went decided to walk away. I'm fine with 4.5%. It is what it is
What if you’re paying off your installment debt and paying off a credit card that was in collection within a month and after that I will be able to start saving up for my home what will happen then
Hi Ashe, I have a concern, I'm going through the naca program now but do the the Covid situation I was on work furloughs from april 2020 to September 2020 how would that effect me?????
Any suggestions for a temporarily reduced income but bills still on time to get pre-qualified before the date the employer communicates the net will resume as normal?
Very good Information, I am in Raleigh area, I signed up for the workshop next month and this really helps. My lease finish at the beginning of next year, so I want to have time to go thru this process and if there is anything I need to do personally to be ready, I won't be pressured and can do things better.
One of the main offices is located here in Charlotte so its pretty popular here. You can visit their website to see if you can get some details for the LA area.
Hello Ashe, I am curious as to the process from the Realtor's point of view specifically (especially with the condition the home must be in in order to qualify) as well as the 10% rehab part associated with NACA for repairs should the home need some work. Thanks in advance.
@@thebestmc5437 I see you are no longer with the company but was hoping you could help answer a question? What if you already have a good amount of money already saved (say $10,000), would you still need to save the rental shock for 6 months?
Tracie Craig even if you already have money saved you still need to save money and not transfer from another of your accounts because they count the money from all your bank accounts so let’s say you forgot to save money for a month and you transfer money from one account to your main account and that will prolong your process and also don’t be patient due to covid the process are taking longer than usual and don’t get on contract if you are not qualified. It is impossible to close with NACA in 3-6 months the appts are so far out and don’t get mad either with the front desk because it’s not their fault that the appts are 2 or 3 months away . Another tip use the chat online most of the calls get transfer to mbr services that’s why you get the busy signal or it can take up to 1-3 hrs for someone to answer
What if I have about $10,000 saved but I wasn’t saving consecutively per month. It’s money I was saving over time whenever I can. Do I still have to go through a six month process showing that I can save a certain amount per month?
Does Naca help you to buy a modular home? Started saving we had a bank account, we did not need a shock payment, just first-year taxes, and inspection fee, because what we qualify for is way cheaper than what we pay for rent, then covid hit, will they look at those circumstances, they cut my husband's hours and he had covid and was out of work over two weeks. We just did make it this far, they cut his check twice.
Hello I live in Florida! Does NACA have these program throughout the mid-florida and South-florida in 2022⁉️ What is a good contact number to speak to an NACA agent?
Very informational. Thanks for doing this video. Would u be able to answer this question for me: If a couple is applying for NACA would each person need this own file or would it just be one file where both peoples documents get uploaded monthly for review?
Great video, men one of my friend feel like she is ready, the only thing holding her back from starting the process is that she was late on her rent like 4 times couples of months a go. Do you have any advised that I can give her?
We are barely going to start the NACA program, but we have been living at my parents and don't have to pay rent. Can we begin our payment shock now even before we meet with the counselor?? We definitely want a headstart if it takes 6 months! We wanted to be moved out within 6 months so that part sucks.
Have a Wht. So I live in SC and wanting to get into the baca program for NC. I was in this program here but SC baca program is awefull and so slack. How do I go about resident for NC bc I currently live in SC. Do I have to already be living in NC bc that defeat the purpose of going through this program if I have to be living in NC pretty much I have to find a place to stay there then apply for your program. Just needing some clarification on some things
I'm a over the road truck driver and do not have a physical address(PO Box), I gave up my apartment years ago. would this prevent me from getting a naca loan?
I literally just watched her im breaking up with naca video where she refrences this mc and says he was one of the best ones she had worked with but hes no longer there. Then she goes into all the problems she experienced with this program 😔😓
I’m was in the beginning of filling chapter 7 when I found out about this program. I did the webinar and have to meet with my counselor in June. Do I still qualify?
I have a interview could you please tell me about the naca assessment? What the interview like and I am trying to study this means so much to me any advice?
I have a question if you can help. I am in the Atlanta GA area and I just finished turning in all my paper work on my action plan to my MC on May 24th of last month. I have not heard from here since so I reached out today June 10 and she told me see has not processed my file yet because thier are people in front of me she is still processing and she is still doing other intakes and paperwork. so thier is only so much she can do in a 8hr day. she told me to please be patient and she will let me know when she is able to get to it. have you ran into this problem with any of your clients.
Absolutely! It was my biggest struggle. I wanted the room to give everyone the best customer experience however the way our calendar is set up that is not always the case.
@@thebestmc5437 I am also experiencing the same issue in Atlanta. My counselor has refused to send rent and income verifications for about 3 months now. She is ignoring my emails. I am a teacher and will be on recess for the summer but bc she has not submitted my file for qualification, I wonder if we'll run out of time in terms of having to submit all of the same documents and employment verification right before closing? School will be out by then. What should I do?
Hey Ashe. Thank you for a very informative video. Question: my daughter is a legal permanent resident, but I'm a citizen. She can't vote. Can she be a co signer and will that affect anything. Thank you in advance!
Hello, I have a bankruptcy and faulty students loans. The bankruptcy is older than two years. I have faulty student loans due to a lawsuit between the school and the government for fraudulent loans. The school is ITTech. Could my credit issue a problem? Also, is there salary limited, so if you made over 150000, can you still qualified?
Hi Ashley. What do I need to submit if I dont receive a pay stub. I get paid by check weekly,I have my 2yrs W2 and I can get a year to date income statement
Do you all know if its possible to switch MC's? While I respect our MC he just doesnt seem like he is moving quick enough on our behalf or really concerned about getting us in a home. If you have any advice, I would appreciate it.
He no longers works for NACA. Payment shock is typically the difference between what you are currently paying for housing and what you will pay for housing, multiplied by a number set by your mortgage counselor. So if you are currently paying $1000/month for rent and your future payment is $1200/month then they may want to either see some reserves or see if you can save the $200 for 6 months.
Is there a NACA in Arkansas. I am a veteran with student loan debt. I am married as well. I am tired of renting that it brings me to tears. Any professional assistance would be great.
Hey yall. I have a question about payment shock. If I am not paying rent at the moment how would I be able to figure what I need to be saving to show I can afford a mortgage.
I'm a seller. I signed a contract with a Buyer who is using NACA. We are stuck. My realtor can't reach anyone at NACA. Our home was appraised 4 weeks ago. It's only supposed to take 48 hours with the average buyer. We were already told the process could extend past our closing date. The buyer wants more inspectors and contractors to walk through the property for a bigger loan. That's fine, but now we can't reach anyone. I keep reading NACA nightmare experiences. Closing dates taking between 3-6 months! Any advice? Buyer's agent won't answer calls and voice message box full. We had a NACA director help us last week but then she stopped.
You should know what is in your lease agreement if you break your lease. Always read any contracts you sign. In my lease, it states I must pay like $1500 to terminate my lease early.
Niecey 2.0 yea that’s what I’m worried about I don’t want my student loans to hold me back plus I’m on a payment plan and I haven’t missed anything yet
Great Video. Is NACA able to help someone buy a Townhouse or Condo? I'm interested in a townhouse as stated on a 1.2 acre lot. Also, what NACA office/counselor would you recommend for a Long Island NY Renter?
For unpaid "baddies" on your credit report, what is the date that they use to calculate the 24 month timeline? Date of last delinquency? Last payment?...I've heard different things.
@@thebestmc5437 what does last activity date means? The last time I paid? I have things on my credit that keeps been update by the creditors or collection agency. I am trying to pay those bad things off before I start the NACA process as we have student loans and FHA or conventional are no help for us to be able to buy a house 😞
Hello naca looks back at 12 months off good payment history, or is it 2 years. This yr has been rough for us with medical issues. I planned on being ready to by September of next year with naca.
Kisha Hankston I do believe they make some exceptions to medical bills as long as your other bills are current - but speak to your MC about it since every file is different.
Sorry, one other question. Can you attend a NACA workshop anywhere if the locations close to you are full, but you would want to work with the NACA MC in your area?
You have to show that you are able to save whatever it is you want your mortgage to be. So if your not paying rent you still need to show that you are saving something.
I can't recommend anyone. Just become knowledgeable about the requirements and be persistent and keep digital copies of your documents so you can provide them at a moment's notice.
There are no income limits period. Income will determine how much you are allowed to buy down your interest rate. Based on the combined income of I and my husband, we would have only been able to buy down the interest rate 0.5(1/2) a percentage point. Together, our income was considered 'high income'. The lower your income, the more you can buy down the interest. This is when and how being a saver can really pay off. You can literally get your interest rate down to 0.625%.
@@DietricWilliams thanks! We actually went to an event and got qualified for $652k. However, we were considered non priority members and all of the areas I was interested in were over 100%. Plus it was a mess they lost our paper and we had to submit paperwork over & over. We decided to wait until Summer (keep saving) and do FHA or conventional.
My experience at this point is awful!! Tenisha is the person who's supposed to send me my pin number since the workshop I attended in April. Such INCOMPETENCE IS DISGUSTING!!!
Well I have a question I live in New York n I’m relocating to nc now I’ve never paid rent I’ve had programs that paid my rent would that hurt me in a way because I’m interested in this program
I had the WORST experience with NACA. I had my final appointment scheduled. All ducks were in line and everything for me to receive a call from someone completely different than who was handling my case. The woman to me that the entire staff in that office had been replaced and that I was not able to buy a house where I wanted to! After the guy who was helping me told me that all was well! Totally dashed my hopes of homeownership away. I will NEVER want to have anything to do with NACA ever again! It was a complete scam and they lead you on believing they will help you and you’ll actually be a homeowner, only to have you deal with different people every other month.
Wish you wouldn't have given up. That happen to me but I had everything in my web file already so when I got a new MC I just told her that I have everything uploaded and if they asked for anything else I just sent it in. Best wishes
Just confirmed my first intake appointment and Marvin is my counselor 🙌🏽🙌🏽
That is awesome! I'm sorry to say I am no longer with the company. I think I'll still be uploading videos and assisting people with the process
The Best MC noooooo 😩 should I call and ask them to confirm another MC? I don’t want my appmnt to be held up.
Wishing you the best in your future endeavors!
@@jran7887 Thank you. You should definitely ensure that you're on someone else's calendar more sooner than later.
The Best MC I going to the achieve the dream event mainly to get my first workshop it. Is there anything I should know before going.
@@m.m.williams5776 Go to the NACA Website and bring everything on the flyer. If you have student loans bring the approval letter saying what your payments are. Bring copies of any investment accounts..
It was very good to know that nothing is visible until the intake appointment. I think this is the first time I've heard that. I see many people express aggravation in their videos when they've uploaded docs in advance and the MC ask many of the questions they think are answered through the uploaded documents.
Hello! I've viewed a "gang" of videos re: the NACA Process. You two are GREAT.
Thank you so much for this. I am moving forward and looking forward to homeownership. YEAH
NACA also can work with folks getting Section 8. They can use their voucher to pay their mortgage.
Great information on video. The best advice SAVE SAVE SAVE to get the best price and to be ready to buy a home in a good amount of time.
Thank you both so much for sitting down and talking about this. I learned so much. I have some questions to add to the list:
1. As it relates to payment shock, (which is something I like, and have personally done on my own freewill once) can you base the difference on the amount you are currently paying in rent, and the amount you desire to pay through NACA after you buy down the interest rate? For example: Lets say the mortgage on the house you want to buy would have been $1,300 with a 3.25% interest rate, but you plan to buy down the interest rate to .00625%, which would make this same mortgage now $950. Can you base your payment shock on the $950, if you can show proof that you have money to buy down the interest rate?
2. Can you buy down the interest rate for NACA, as well as pay a down payment, to make your mortgage payments lower, even though NACA doesn't require you to pay a down payment?
3. Is it true that the lowest you can buy down the interest rate to is .0065?
4. If you are currently a homeowner and wanting to sell your home, is there a certain time frame you have to wait after you sell your home, to purchase a home through NACA?
5. Can you talk about any additional financial assistance NACA possibly could provide, like how you were told that your client could get more money?
Again, thank you both for your time.
This is a great video. One of the best and most informative. My appointment is this month, this is the only video that mentioned the ability to upload your documents prior to your appointment. Also having you documents upload electronically which I had already planned to do before the appointment.
This video was extremely helpful as a potential NACA homebuyer.
This is a great and informative interview. I'm in GA and have my intake in two months. This video just gave me life!!!! It surely made me more excited and encouraged for my home purchasing journey.
Let us know how it goes! I have my webinar next month to move to Georgia from another state.
How did it go?
@@misswilliams5389 It is on April 30th.
Best Naca video I’ve seen so far!
I'm seeing all these videos from the south and non from nyc or New York
I’m looking for the NYC New York videos as well. 😕 I need to find a good Realtor and MC for New York.
I enjoy your videos. I am a realtor with RE/MAX Complete in Goldsboro NC. You do good work.
I just closed with the Charlotte office on the date on my contract. It was 35 days from contract to close 😁.
Thanks for this video! My appointment is 6/11 and Im going to start loading now!!
How’d it go? We’re you able to get into a home?
Good video! Changes my mind about another realtor quitting NACA.
Naca office in Orlando Florida is a joke, particularly Oscar Robles counselor's are horrible. Your success through Naca depends on your readiness and also a great counselor. We went decided to walk away. I'm fine with 4.5%. It is what it is
What if you’re paying off your installment debt and paying off a credit card that was in collection within a month and after that I will be able to start saving up for my home what will happen then
Hi Ashe, I have a concern, I'm going through the naca program now but do the the Covid situation I was on work furloughs from april 2020 to September 2020 how would that effect me?????
Any suggestions for a temporarily reduced income but bills still on time to get pre-qualified before the date the employer communicates the net will resume as normal?
Very good Information, I am in Raleigh area, I signed up for the workshop next month and this really helps. My lease finish at the beginning of next year, so I want to have time to go thru this process and if there is anything I need to do personally to be ready, I won't be pressured and can do things better.
Did you end up buying a house in Raleigh through NACA?
Does it matter that I pay my rent twice (half and half) each month?
What if you already have a lot of money saved when starting the process? Would you still need 6 months of payment shock?
Yes I still do and they gonna need to know where did that money came from
Why are all the videos I see only in Charlotte? I need some videos talking about the NACA process in the Los Angeles area.
One of the main offices is located here in Charlotte so its pretty popular here. You can visit their website to see if you can get some details for the LA area.
Right? I'm in San Diego.
@robinchambers1749 Did you find any videos for CA, I'm in SoCal
Hello Ashe,
I am curious as to the process from the Realtor's point of view specifically (especially with the condition the home must be in in order to qualify) as well as the 10% rehab part associated with NACA for repairs should the home need some work. Thanks in advance.
How would we go about requesting Marvin as our MC I’m in North Carolina close to the Raleigh area.
I am in longer with the company however I will be uploading content still to assist people with going through the process.
@@thebestmc5437 I see you are no longer with the company but was hoping you could help answer a question? What if you already have a good amount of money already saved (say $10,000), would you still need to save the rental shock for 6 months?
Tracie Craig even if you already have money saved you still need to save money and not transfer from another of your accounts because they count the money from all your bank accounts so let’s say you forgot to save money for a month and you transfer money from one account to your main account and that will prolong your process and also don’t be patient due to covid the process are taking longer than usual and don’t get on contract if you are not qualified. It is impossible to close with NACA in 3-6 months the appts are so far out and don’t get mad either with the front desk because it’s not their fault that the appts are 2 or 3 months away . Another tip use the chat online most of the calls get transfer to mbr services that’s why you get the busy signal or it can take up to 1-3 hrs for someone to answer
Thank you for such an amazing informative video.
What if I have about $10,000 saved but I wasn’t saving consecutively per month. It’s money I was saving over time whenever I can. Do I still have to go through a six month process showing that I can save a certain amount per month?
Does Naca help you to buy a modular home? Started saving we had a bank account, we did not need a shock payment, just first-year taxes, and inspection fee, because what we qualify for is way cheaper than what we pay for rent, then covid hit, will they look at those circumstances, they cut my husband's hours and he had covid and was out of work over two weeks. We just did make it this far, they cut his check twice.
What if I dont pay rent but I live in airbnbs? How will I show airbnb rent proof? Through bank statements?
I have a question. Does Naca Work with Various Home Builders, as we are looking at Builders like, KB homes, Meritage, Pulte and Lenner Home Builders.
How about the one for where section 8 helps with loan?
Hello I live in Florida! Does NACA have these program throughout the mid-florida and South-florida in 2022⁉️ What is a good contact number to speak to an NACA agent?
I’m in Orlando Florida are they any videos or information that I might be able to see if there’s anything different
What if you do not have any leasing experience on your record? Do you need to go get 12 months worth of rental history before buying or being "ready"?
I have two questions I hope that you can please answer them.
1 .Do all NACA homes have HOA fees?
2. Can a NACA home be build in a rural area?
This was very helpful, thank you! Does NACA accept section 8 as a source of income/proof of payment history?
Yes they do, i attended the workshop and they mentioned that they accept section 8 as a source of income.
@@ThaEmprezz thank you.
So informative!! Thank you!
Very informational. Thanks for doing this video. Would u be able to answer this question for me: If a couple is applying for NACA would each person need this own file or would it just be one file where both peoples documents get uploaded monthly for review?
I’d like to get In touch with someone about getting into the program. I have an appointment on April 4th
What happened to tip #10? I’ve been taking notes! Great info , very appreciative of the convo here
Great video, men one of my friend feel like she is ready, the only thing holding her back from starting the process is that she was late on her rent like 4 times couples of months a go. Do you have any advised that I can give her?
How do I reach a counselor in Atlanta I don't remember them giving me a phone number and the webinar thank you
Such a great and informative video > THANK YOU BOTH!!!
We are barely going to start the NACA program, but we have been living at my parents and don't have to pay rent. Can we begin our payment shock now even before we meet with the counselor?? We definitely want a headstart if it takes 6 months! We wanted to be moved out within 6 months so that part sucks.
How about a pandemic as far as saving money... or not enough savings?
Have a Wht. So I live in SC and wanting to get into the baca program for NC. I was in this program here but SC baca program is awefull and so slack. How do I go about resident for NC bc I currently live in SC. Do I have to already be living in NC bc that defeat the purpose of going through this program if I have to be living in NC pretty much I have to find a place to stay there then apply for your program. Just needing some clarification on some things
I'm a over the road truck driver and do not have a physical address(PO Box), I gave up my apartment years ago. would this prevent me from getting a naca loan?
I literally just watched her im breaking up with naca video where she refrences this mc and says he was one of the best ones she had worked with but hes no longer there. Then she goes into all the problems she experienced with this program 😔😓
😂😂😂
Very informative video, how about retired people, can they qualify to be on the NACA program; thank you so much
I’m was in the beginning of filling chapter 7 when I found out about this program. I did the webinar and have to meet with my counselor in June. Do I still qualify?
Can you use naca if you’re on section 8. And can I purchase a Condominium or a townhouse with naca.
I have a interview could you please tell me about the naca assessment? What the interview like and I am trying to study this means so much to me any advice?
I have a question if you can help. I am in the Atlanta GA area and I just finished turning in all my paper work on my action plan to my MC on May 24th of last month. I have not heard from here since so I reached out today June 10 and she told me see has not processed my file yet because thier are people in front of me she is still processing and she is still doing other intakes and paperwork. so thier is only so much she can do in a 8hr day. she told me to please be patient and she will let me know when she is able to get to it. have you ran into this problem with any of your clients.
Absolutely! It was my biggest struggle. I wanted the room to give everyone the best customer experience however the way our calendar is set up that is not always the case.
Do you have ant connections for realtors or MCs in northern VA??
@@Dontstopmebcimhavingagoodtime I do not. Sorry.
@@thebestmc5437 I am also experiencing the same issue in Atlanta. My counselor has refused to send rent and income verifications for about 3 months now. She is ignoring my emails. I am a teacher and will be on recess for the summer but bc she has not submitted my file for qualification, I wonder if we'll run out of time in terms of having to submit all of the same documents and employment verification right before closing? School will be out by then. What should I do?
Hey Ashe. Thank you for a very informative video. Question: my daughter is a legal permanent resident, but I'm a citizen. She can't vote. Can she be a co signer and will that affect anything. Thank you in advance!
This was a great video. Thank you both.
Hello, I have a bankruptcy and faulty students loans. The bankruptcy is older than two years. I have faulty student loans due to a lawsuit between the school and the government for fraudulent loans. The school is ITTech. Could my credit issue a problem? Also, is there salary limited, so if you made over 150000, can you still qualified?
Hi Ashley. What do I need to submit if I dont receive a pay stub. I get paid by check weekly,I have my 2yrs W2 and I can get a year to date income statement
Do you all know if its possible to switch MC's? While I respect our MC he just doesnt seem like he is moving quick enough on our behalf or really concerned about getting us in a home. If you have any advice, I would appreciate it.
Very soon I will upload a video reporter talking about my bad experience with NACA...
Carlos Milanes let me know when you do... I had to leave the product alone completely
@@AsheTheRealtor Now it is in post-production.
Can you take your documents into the meeting rather than upload everything?
Are you only licensed in NC?
Does you MC return your calls and/or emails? Mine doesn't.
Good info Ashe. Thanks
Please ask him about payment shock and using HCV. Please and thank you.
He no longers works for NACA. Payment shock is typically the difference between what you are currently paying for housing and what you will pay for housing, multiplied by a number set by your mortgage counselor. So if you are currently paying $1000/month for rent and your future payment is $1200/month then they may want to either see some reserves or see if you can save the $200 for 6 months.
Is there a NACA in Arkansas. I am a veteran with student loan debt. I am married as well. I am tired of renting that it brings me to tears. Any professional assistance would be great.
Hey yall. I have a question about payment shock. If I am not paying rent at the moment how would I be able to figure what I need to be saving to show I can afford a mortgage.
If you want to pay 800 for your mortgage then you need to save that amount every month to show you will be able to pay that amount.
I'm a seller. I signed a contract with a Buyer who is using NACA. We are stuck. My realtor can't reach anyone at NACA. Our home was appraised 4 weeks ago. It's only supposed to take 48 hours with the average buyer. We were already told the process could extend past our closing date. The buyer wants more inspectors and contractors to walk through the property for a bigger loan. That's fine, but now we can't reach anyone. I keep reading NACA nightmare experiences. Closing dates taking between 3-6 months! Any advice? Buyer's agent won't answer calls and voice message box full. We had a NACA director help us last week but then she stopped.
If no one signed off on contingencies, you may be able to get out that way. Talk to your agent. Although, I'll sure you closed by now (hopefully).
Do you have a program for fixer uppers
I'm in Indiana..who do I call
That was a very good and informative video. thank you.
what if i ready but tied in to a 11 months lease?
You should know what is in your lease agreement if you break your lease. Always read any contracts you sign. In my lease, it states I must pay like $1500 to terminate my lease early.
Very helpful and informative ✅
This was great am in Brooklyn NY need a 🏡 some bad. I think I would get a 🏡 with naca.
Is the $200 surplus in the payment shock for single family homes? And if it is, what's the surplus on a 2 family house?
The surplus on a multi family is $400 dollars
Does student loans mess up with ya chances with naca I’m in school to become a physician assistant and ima be in the hole 80,000
@ Daneshia Taylor I am currently going through NACA and I have double your amount of student loans. So I would say to go for it!
Niecey 2.0 yea that’s what I’m worried about I don’t want my student loans to hold me back plus I’m on a payment plan and I haven’t missed anything yet
I live in Greensboro and would most likely would want to purchase in the Triad area. Would that be a difficult process since they are in Charlotte?
No. The process would be the same. Your session would just be over the phone.
One question are these new homes
Can i get approved for a NACA loan if i want a new construction home?
Are there penalties for paying of the naca mortgage early?
Lecia Brown No. you can pay it off as quickly as you want.
This video was very helpful if you could post about the income n other videos related to this program n the gut dose he have his channel yet
Great Video. Is NACA able to help someone buy a Townhouse or Condo? I'm interested in a townhouse as stated on a 1.2 acre lot. Also, what NACA office/counselor would you recommend for a Long Island NY Renter?
Yes you definitely can buy a townhome through naca
For unpaid "baddies" on your credit report, what is the date that they use to calculate the 24 month timeline? Date of last delinquency? Last payment?...I've heard different things.
The date of last activity
@@thebestmc5437 what does last activity date means? The last time I paid? I have things on my credit that keeps been update by the creditors or collection agency. I am trying to pay those bad things off before I start the NACA process as we have student loans and FHA or conventional are no help for us to be able to buy a house 😞
Thank you so much
Hello naca looks back at 12 months off good payment history, or is it 2 years. This yr has been rough for us with medical issues. I planned on being ready to by September of next year with naca.
Kisha Hankston I do believe they make some exceptions to medical bills as long as your other bills are current - but speak to your MC about it since every file is different.
@@AsheTheRealtor thanks for the response
In GA what’s the median income ?
Sorry, one other question. Can you attend a NACA workshop anywhere if the locations close to you are full, but you would want to work with the NACA MC in your area?
If it says that it is full you should still GO. Many times 30% of the people who sign up for the workshop does not show up.
Thank you, that is very helpful information. :)
Wait...I heard you gotta have a 620 credit score to be approved thru NACCA
They don’t look at credit but I believe that regardless, people should strive to have an excellent credit score
Can I request Marvin as counselor, after I go through the workshop, I am from Charlotte
I am in longer with the company however I will be uploading content still to assist people with going through the process.
@@thebestmc5437 Ahh that's a shame, but I appreciate you letting me know, I will look out for your videos and content
When your credit report is reviewed, which bureau is being used?
@@pend_deletejessiemiller1111 Thank You!
All 3
What are the requirements for naca cuz I’m really interested
You have to show that you are able to save whatever it is you want your mortgage to be. So if your not paying rent you still need to show that you are saving something.
Are there any good MC's licensed for South Carolina that you can recommend?
I can't recommend anyone. Just become knowledgeable about the requirements and be persistent and keep digital copies of your documents so you can provide them at a moment's notice.
Ok credit score doesn't matter but credit history, payments & collections need to be taken care of/paid on time/paid off
And there is the NACA contradiction and why I no longer work with them...
Great info. Thanks!
Do you do Arizona?
What are the income limits for a family of 4 in Los Angeles?
There are no income limits period. Income will determine how much you are allowed to buy down your interest rate. Based on the combined income of I and my husband, we would have only been able to buy down the interest rate 0.5(1/2) a percentage point. Together, our income was considered 'high income'. The lower your income, the more you can buy down the interest. This is when and how being a saver can really pay off. You can literally get your interest rate down to 0.625%.
No income limits. It's not like the LIPA or MIPA programs on L.A.
@@DietricWilliams thanks! We actually went to an event and got qualified for $652k. However, we were considered non priority members and all of the areas I was interested in were over 100%. Plus it was a mess they lost our paper and we had to submit paperwork over & over. We decided to wait until Summer (keep saving) and do FHA or conventional.
My experience at this point is awful!! Tenisha is the person who's supposed to send me my pin number since the workshop I attended in April. Such INCOMPETENCE IS DISGUSTING!!!
Great Information👍💜
I want to be an agent with this company
Well I have a question I live in New York n I’m relocating to nc now I’ve never paid rent I’ve had programs that paid my rent would that hurt me in a way because I’m interested in this program
Whoa what programs sounds great
❤❤❤❤❤❤you to❤❤are awsome
I had the WORST experience with NACA. I had my final appointment scheduled. All ducks were in line and everything for me to receive a call from someone completely different than who was handling my case. The woman to me that the entire staff in that office had been replaced and that I was not able to buy a house where I wanted to! After the guy who was helping me told me that all was well! Totally dashed my hopes of homeownership away. I will NEVER want to have anything to do with NACA ever again! It was a complete scam and they lead you on believing they will help you and you’ll actually be a homeowner, only to have you deal with different people every other month.
Wish you wouldn't have given up. That happen to me but I had everything in my web file already so when I got a new MC I just told her that I have everything uploaded and if they asked for anything else I just sent it in. Best wishes