Does NACA (mortgage) really work?
NACA is suppose to be a program that helps families reduce their mortgage, but they have been giving my family the runaround for a year. We have been doing everything they asked and still no response. This is supposedly part of their mission statement.
"NACA provides a comprehensive program for you to become a homeowner on the best mortgage terms in America."
- 9 years agoFavorite Answer
NACA doesn't do anything that any other FHA lender can't do. They are a non-profit organization so they don't retain a large profit margin on their loans. SO the pricing is better, but if you are having problems getting financed, its because of some problem with the loan profile.