(Jamaica Queens, NY) NACA (Neighborhood Assistance Corporation of America), the nation’s largest HUD certified, non-profit housing counseling and community advocacy organization, is bringing a massive homeownership event to Jamaica, Queens for five days from Thursday, June 27th through Monday, July 1st. This “Achieve the Dream” event will bring extraordinary homeownership opportunities with NACA’s Best in America Mortgage program. Thousands of people will attend from Queens, Brooklyn, Newark and across the country to take advantage of NACA’s program.
During this one-stop mortgage operation, the NACA program provides unprecedented homeownership opportunities for low to moderate income homebuyers with the Best in America mortgage that requires no down payment, no closing costs, no PMI, at a below-market fixed rate and without consideration of a homebuyer’s credit score. The interest rate is 3.5% APR for 30-year fixed and 2.75% APR 15-year fixed (as of 6/26/19) with the ability to permanently buy-down the interest to virtually zero percent. As Forbes magazine noted, every lender with a low down payment mortgage charges a different interest rate depending on the borrowers circumstances. Then they pointed out, “There is one exception, NACA, that charges the same rate regardless of the credit score”. Lenders have committed $15 Billion to the NACA program with Bank of America has committing $10 Billion to the NACA mortgage. NACA counselors and underwriters will be on-site at the event to approve many homebuyers in one day for the NACA Mortgage.
“It may sound too good to be true”, states Bruce Marks, NACA’s CEO and founder, but NACA has a tremendous track record of unprecedented success over 20 years with this one outstanding mortgage. With more than 60,000 NACA homeowners and one of the lowest foreclosure rates, we have demonstrated that working people with limited savings make their mortgage payments. As good as it sounds, it is even better, which is why thousands of homebuyers attend each of our Achieve the Dream events.”
The New York City Achieve the Dream event runs Thursday, June 27th through Monday, July 1st from 8:00 AM to 8:00 PM each day. Tens of thousands of people have attended the 17 previous Achieve the Dream events across the country, which have destroyed the myth that it is not possible to lend on affordable terms to low-to-moderate income and minority individuals on a large scale. The Achieve the Dream event is open to all prospective homebuyers and all current homeowners who have an unaffordable mortgage. NACA services are free of charge and walk-ins are welcome. (click for CNBC story)