PROVIDING UNPRECEDENTED HOMEOWNERSHIP OPPORTUNITY WITH NO DOWNPAYMENT & NO CLOSING COST MORTAGE
|QUÉ:||LARGEST HOMEOWNERSHIP EVENT IN FLORIDA HISTORY – Oct. 11 – 14|
|DÓNDE:||Miami Airport Convention Center, MACC East Hall, 711 NW 72Dakota del Norte Ave., Miami FL 33126|
|CUÁNDO:||Media Opportunity – Press conference Thursday, October 11th, 11:00 a.m.|
|OMS:||Thousands of homebuyers, NACA homeowners, NACA CEO Bruce Marks, Bank of America Executives, Miami and Florida political figures, and community leaders.|
(MIAMI, FL ) – Thursday, October 11th at 11:00 a.m. NACA will kick off the largest homeownership event in Florida history at its “Achieve the Dream” one-stop mortgage event at the Miami Airport Convention Center. NACA and Bank of America executives will be joined by political and community leaders to highlight the extraordinary homeownership opportunities provided during this four-day event.
Ten years after the beginning of the mortgage crisis, NACA is the one bright light in the disastrous lack of mortgage lending for low to moderate-income and minority borrowers. Thousands will attend the Achieve the Dream event because their families, friends, co-workers and neighbors around the country have told them that NACA is the organization to achieve affordable homeownership.
The NACA program directly confronts the affordable housing crisis with the Best Mortgage in America that requires no down payment, no closing costs, no PMI, at a below market fixed rate and no need for perfect credit. During this one-stop mortgage operation homebuyers will attend a homebuyer workshop, meet one-on-one with a NACA Counselor, and have their file underwritten to be pre-approved for NACA’s extraordinary mortgage often in one day.
NACA ofrece los mismos términos para todos los prestatarios, muchos de los cuales han renunciado a la propiedad de vivienda. Como dijo la revista Forbes en su comparación de las mejores hipotecas de bajo pago inicial, "Hay una excepción, NACA, que cobra la misma tasa independientemente del puntaje crediticio". Bank of America ha comprometido $10 mil millones al programa hipotecario NACA.
“The NACA Mortgage, without the need for a down payment or closing costs, eliminates the significant savings requirement that locks out many homebuyers in today’s market”, stated Bruce Marks, NACA’s CEO and founder. “In addition, NACA’s below market fixed rate with the ability to buy it down even further with government assistance provides a monthly payment that makes it possible to purchase homes in South Florida despite the limited supply,” continues Bruce Marks.
The Miami Achieve the Dream event runs Thursday, October 11th through Sunday, October 14th from 8:00 AM to 6:00 PM each day. The event is open to all prospective homebuyers, and NACA services are free of charge. Previous NACA Achieve the Dream events have been spectacularly successful with more than 5,000 participants at each one and thousands of pre-approvals across the country. These events have destroyed the myth that it is not possible to lend on affordable terms to low-to-moderate income and minority individuals on scale.
La suscripción de hipotecas de NACA no utiliza los criterios restrictivos e ineficaces de “préstamos basados en riesgo”. Los suscriptores de NACA evalúan a cada prestatario en función de sus circunstancias individuales, eliminando los pagos atrasados que no controlan y considerando factores compensatorios. Todos los prestatarios reciben los mismos términos extraordinarios:
- No se requiere pago inicial
- Sin costos de cierre (pagado por el prestamista)
- Sin cargos
- Préstamo a valor -100% para compra y 110% para compras con rehabilitación
- Sin consideración de puntaje crediticio
- Tasa de interés fija por debajo del mercado
- Plazo de 15 o 30 años amortizando íntegramente
- Reducción para reducir permanentemente la tasa de interés a prácticamente cero por ciento
- Fondos de compra y renovación disponibles
NACA already has an impressive track record. During the mortgage crisis, through NACA’s Save the Dream events over 250,000 homeowners were able to modify their unaffordable mortgages, often the same day. The Miami Save the Dream events were incredible with tens of thousands of homeowners. Now, NACA’s Achieve the Dream events provide the same extraordinary outcomes for many thousands of homebuyers and continue to assist homeowners with an unaffordable mortgage.
The Achieve the Dream event is open to all prospective homebuyers. NACA services are free of charge and walk-ins are welcome.
Enlaces de medios:
Video de NACA
Local 10 Miami
Noticias de Spectrum Charlotte
Acerca de NACA (www.naca.com):
The Neighborhood Assistance Corporation of America (NACA) is a non-profit organization dedicated to economic justice through home ownership and community action. Founded by economic advocate Bruce Marks over thirty years ago, NACA is the largest HUD certified counseling agency with more than two million members nationwide. Through programs such as the Best in America Mortgage and HomeSave, NACA has helped thousands of consumers modify an unaffordable existing home loan or secure a mortgage to purchase a new home. With 50 offices nationwide, and our HUD approved housing counseling agency providing about 50% of the total counseling in the country, NACA is setting the national standard. NACA’s proven process allows low to modest income consumers to realize the American dream of homeownership. Bank of America and CitiMortgage have committed $13 billion to NACA pre-approved mortgage loans. www.naca.com. #ALogra el SueñoNACA.