Major Event to Help Low-To-Moderate Income Earners Buy Homes July 25 – July 29

(Las Vegas, NV) Wednesday July 25^th through Sunday July 29^th in the Cohiba Ballroom at the Tropicana Hotel, NACA, the largest HUD certified non-profit counseling organization, will be holding a five-day homeownership event providing all homebuyers with access to the best mortgage in America.  This free event is open to anyone interested in purchasing a home, with everyone able to access the NACA Mortgage on the following incredible terms: no downpayment, no closing costs, no fees, no PMI, at a below market fixed rate without the need for perfect credit.  NACA has over $13 Billion committed by Bank of America and CitiMortgage to this extraordinary mortgage that is only available through NACA.

NACA is teaming up with the Culinary Workers Local 226 in Las Vegas as a continuation of NACA’s nationwide Achieve the Dream tour that provides low-to-moderate income and minority individuals with the unprecedented opportunity for truly affordable homeownership.  NACA housing counselors will work with homebuyers to be pre-approved for the NACA Mortgage. Attendees can complete NACA’s four-step pre-qualification process in as little as one day! The previous Achieve the Dream events have been spectacularly successful with over 5,000 participants at each one and thousands of pre-approvals from previous events in Charlotte, Miami, Cleveland, Baltimore, Newark and Honolulu.

“NACA’s homeownership program may sound too good but it is the reality for many thousands of NACA homeowners nationwide including many in Las Vegas”, said Bruce Marks, CEO and Founder of NACA. “Since NACA is the outgrowth of the of the Boston Hotel Workers Local 26, we are very excited about coming full circle over thirty years to partner with the Culinary Workers Local 226.”  

Culinary Worker’s Local 226 President Ted Pappageorge praised NACA to for bringing the Achieve the Dream event to Las Vegas. “NACA did so much to help Las Vegas homeowners save their homes during the recession, and we are very excited that they are now bringing this incredible homebuying opportunity to the valley. In addition to accessing NACA’s incredible mortgage, Local 226 members will be able to use $20,000 from our Housing Trust to permanently buy-down the already below market interest rate to 1.5% for many works.  This is a game changer.”

NACA provides the best mortgage in America with these extraordinary terms:

· No down payment required

· No closing costs (lender paid)

· No fees

· Loan-to-value -100% for purchase and 110% for purchases with a rehab

· No consideration of credit score

· Below market fixed interest rate

· Term of 15 or 30 years fully amortizing

· Buy-down to permanently reduce the interest rate to virtually zero percent

· Purchase and renovation funds available

For documents needed and to register, go to www.naca.com or call (425) 602-6222. Walk-ins are welcome.

Media Links:
Local 10 Miami
Spectrum News Charlotte

About NACA

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 47 offices nationwide, NACA pledges a character-based, no fee, no down payment and no closing fee home loan. NACA’s proven process allows low to moderate 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. #AchieveTheDreamNACA

About Local 226

Culinary Workers Union Local 226 and Bartenders Union Local 165, Nevada affiliates of UNITE HERE, represent over 57,000 workers in Las Vegas and Reno, including at most of the casino resorts on the Las Vegas Strip and in Downtown Las Vegas. UNITE HERE represents 270,000 workers in gaming, hotel, and food service industries in North America. The Culinary Union has been fighting for fair wages, job security, and good health benefits for working men and women in Nevada for 83 years.  CulinaryUnion226.org  @Culinary226