I found out about the NACA program over the holidays while visiting a cousin. Although we were not eligible for the program, you may know someone who can benefit from NACA mortgage assistance to help keep them in their dream home. This program is excellent and the results are unbelievable! One word advice is when attending the meetings or conferences in a city near you. Don’t lie about your situation and have your paperwork in order when your speaking with an counselor….I am sure they have heard damn near every story out there. Keep it honest and they can help you keep your dream home. FYI: No investment property allowed for those seeking primary residendual mortgage assistance from NACA. What that means is that you can’t own rental property in addition to your primary residence.
Information from their website below…for additional information click the link:
NACA’s historic Save the Dream Tour has been an incredible success with over 350,000 participants. NACA is the most successful program in providing long-term solutions for homeowners with an unaffordable mortgage. The tour has been to eleven cities in the past year and has recently completed a four city western tour with between 40,000 and 50,000 people attending each four to five day event. Many thousands of homeowners have received same day solutions from all the major lenders/servicers who have attended and many more within 30 days. Most people have had their mortgages payments permanently reduced by over $500 and many by over $1,000 a month often with interest rates reduced to 3% or 2% and sometimes a principal reduction of over one hundred thousand dollars. It sounds too good to be true but it is the reality for many thousands of homeowners. That is why thousands of people have camped out overnight at the events due to hearing about NACA from family, friends and co-workers (i.e. word-of-mouth).
NACA has the most effective long-term mortgage solution for at-risk homeowners because it permanently reduces the interest rate and if necessary reduces the outstanding principal based on what the homeowner can afford. NACA’s restructure solution has established the national standard for long-term solutions for thousands of owner-occupant homeowners. NACA can do this because it has secured legally binding agreements with most of the major lenders and servicers, which covers 90% of the at-risk homeowners.
All of NACA’s services are FREE. Homeowners drive and fly from long distances to attend these extraordinary Save the Dream events. NACA had over 500 staff and volunteers who put in long hours and lots of hard work to help so many homeowners save their dream. NACA is determined to achieve your long-term permanent solution To achieve this, you may want to do an audit of your mortgage documents to determine if there were any violations. We have found violations in over 80% of the audits which have resulted in foreclosures being reversed and some of the violations are so significant that the mortgage may be eliminated. This expensive comprehensive audit is FREE through NACA. Click here to obtain your Forensic Audit. Also, your participation is very important in moving your submission forward and in making the NACA program even more effective. Click here to volunteer.
If you have attended a Save the Dream Event and want an update on your file, you need to access your web-file. Given the huge numbers of participants in the NACA program, the most effective means of communication is through our website. Your web-file will provides updates on the status of your file. This includes an Action Plan in order to submit your file to your lender/servicer, additional documents required by the Servicer, proposals from your Servicer, and next steps necessary to advocate for you solution. You can also request a follow-up from a NACA Negotiator. Click here to access your web-file.
Participate in NACA’s Program:
If we have already been to your area, we can still assist you with the same incredible solutions. In fact we can assist homeowners wherever they live in the United States and Puerto Rico. It will just take alittle more time. The first step is to attend a workshop and then make a counseling appointment. While you are waiting to attend a workshop and have your counseling appointment, please complete the ten steps on the website which will make the process much faster. While the counseling appointment can be face-to-face in a local NACA office, the fastest and most effective is phone counseling through our Counseling Center. To attend a workshop in your area click here. If we do not have a workshop in your area, click here to schedule a phone counseling session. You must complete the ten steps on the website to make a phone counseling session. Click here to begin the Ten Steps.