What is naca home buying?

The NACA Home Buying Program is a non-profit initiative that offers affordable mortgages with no down payment or closing costs to low-to-moderate income individuals, along with credit counseling and member advocacy support. Their aims is to provide access to affordable loans and promote fair lending practices for underserved communities.

NACA is the Neighborhood Assistance Corporation of America. They are a nonprofit organization that assists lower income buyers in obtaining affordable housing in urban and rural areas. They offer no down payment, no closing costs and its not based on credit. It is a long process but once you get there, it is very beneficial. I believe they are backed by Bank of America. Just go to naca.com and follow the steps. You have to watch a web presentation first.