How to Save Your House with NACA Programs
If you're struggling with mortgage payments or going into foreclosure, and even if you have a sale date on your home, the Neighborhood Assistance Corporation of America (NACA) may be able to help you lower your house payments and save your home from foreclosure. NACA has contracts with several lenders like Bank of America, Chase, Indy Mac and Countrywide to help people stay in their homes. Founded by Bruce Marks, NACA helps homeowners put their paperwork and financial information together to submit to their lender. To save your house with NACA programs, follow the steps below.
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Instructions
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Check out NACA.com. The link is listed in the resource section below. NACA is a non-profit company and a HUD certified counseling agency. There are no costs or fees for the homeowner.
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To save your home with NACA programs, get your paperwork organized. You will need your most recent mortgage statement(s), most recent pay check stubs for the last 30 days, a copy of your insurance declaration page and copies of your last six months bank statements if you are self-employed. Two years tax returns may also be required or you may have to sign a form (form 4506T) authorizing your lender to get copies of your last two years tax tax returns from the IRS.
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Register with NACA online. Input your personal and mortgage information. If you are not comfortable registering online, you can bring your information to a NACA office or workshop.
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Find the closest NACA office near you. The link for NACA's offices is listed below. NACA also travels around the country holding workshops. Several home mortgage lenders attend these conventions, so many homeowners get answers about their home loans from their lenders on the same day.
The NACA process involves a workshop for homeowners, getting personal and financial paperwork together with a NACA representative and submitting the paperwork to your home lender. There are different programs for home borrowers depending on each situation. Many people have gotten their interest rates reduced to five, four, three and even two percent. The cost for NACA programs is free.
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Resources
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Comments
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I like to summit documents to naca to put on my file. id: 844235 I did fax some documens, let me know if you receive them.
