Manufacturer: Naca Category: Loans Clear all filters (5 of 5 reviews match)
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Finally closed on my Naca loan (Cleve office) after nearly 2 years in the program. Moved in 2 weeks ago. Lovin my new house. Trust me never did I think I'd be the spokesman for sticking it out. Considering I changed counselors twice and nearly quit 5 times. It is real. As skeptical as I was that this day would ever come. It did. Recieved 2.7% interest rate on a $180,000 house. With no money down I had almost $10,000 saved to use furnishing my...
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NACA_Online

NACA_Online Congratulations on becoming a homeowner! We always advise our members that patience and persistence are two of the most powerful tools in the NACA process, and you have proven...

I started trying to work with Naca 12 months ago. I have been through three housing coordinators, lied to multiple times, had many failed promises, and told that documents were received then told a day later that the same person did not get the documents. What a waste! I was told that I needed $4k to pay for closing costs, and that I was not saving correctly. I have saved $30k to put down, which they had documents to show. My neighbor who is...
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NACA_Online

NACA_Online Having a specifically designated amount in the bank is not the only requirement for getting a mortgage through NACA. One of the most important factors is consistently saving ...

Anonymous

Anonymous NACA can be difficult to deal with at times, but if a traditional lender can't get you underwritten for 2 years, I would venture a guess that your credit is screwed.

1.0
I didn't like
  • Worst i ever had
  • Underwriter always finding reasons not to qualify me
  • Waste of time
#987452
I read the reviews, both positive and negative, before we started the NACA process. I can say that the end result is to get qualified and buy a home. Everything in between is distraction and noise. Esau Davis in the Atlanta office was our Mortgage Counselor at the end. We had three remote counselors that was very frustrating. When I requested to switch to the Atlanta office, things went a lot quicker....we were qualified and closed within 2...
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Anonymous

Anonymous They allowed you to pull your credit and use it? I was told that it couldnt be used unless they pulled it. If that is the case, someone at my local office has some questions t...

NACA_Online

NACA_Online Thank you for your comments. Yours is a rather typical situation for NACA members. The process is not meant to be fast or easy, and there will be bumps in the road. This is...

4.8
#977277
And yet, this Naca process is getting more and more frustrating after 5 months now. Everything they ask for is uploaded the same day or the next day. I got everything they ask for but still.... I got to the point where if it was not only for the no down payment and no closing cost I would already go to a Bank. You will find out later. 0 for customer service, 0 for follow up and follow-through. If you do not schedule an appointment with you...
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NACA_Online

NACA_Online Everyone who comes to NACA is held to the same standard and the same requirements, whether you have a “760 credit score with perfect credit history” or a 560 score with a bank...

Anonymous

Anonymous NACA is not assisting client's with anything,you can get stuff done faster working with your lender. trust me i know.

#947825
I got back into the NACA program October 2015, it took 5 months to get qualified for 95K. When I found out how the buydown portion worked, I opted for a higher qualifying amount. Got a higher amount 2 months later (165k). Now, I have gone through everything to get qualified to look for a home. Consistently sending in the same documents that are in my file. Consistently sending in bank statements and check stubs as required on a bi-weekly basis.
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NACA_Online

NACA_Online There are a couple of comments in this person's statement that raise an issue with its validity. The first is the claim that NACA has "to go with the great(er) of the two pay...

2.1
I didn't like
  • False information
  • Losing documents
  • Not getting back to members about important information in files
#936656