Make a Contribution to Remove NSFW Ads

WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Interest

dHustla

dHustla

Rising Star
Registered
WWW.NACA.COM

Fam...... Go check it out. Now is the time to get your ducks in a row. The economy is fucked up... plan for the future. Being a homeowner is a secure investment.

I'm in the program. I do not work for them or with them, just thought I'd make it known for the fam. I always hear my black people talking about wanting a house, but not having everything together to get one.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

in the last 4 minutes I saw this thread plummet down the first page while the thread about Dr. Truth beind dissatisfied with his CA home got like 8 replies in 4 minutes.

WTF..... Oh Well, BGOL
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

I checked it out, but only cause I checked out Dr. Truth's thread too.

They can't help me though I own a few properties already.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Dont Do It!!!
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

thanks homie i was looking for somthing like this
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

People didn't learn from shit like this the first time?
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

1 of the best programs for homeownership it is not just for first time buyers. here is a quick summary you can only own 1 house at time you must live in the home for 3 years before you can buy another 1 and you must donate our time 5 times a year. they are backed by banks and fed. grant they provide some of the greatest interest rates on a 30 year fixed mortage and you can still buy down your points before closing. they help if you own a home that is nearing foreclosure. you might want to get hip to it. I hope you dont all those white people are straight buying their homes with no problems.:cool:
 
Last edited:
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Ive been a member for 3 years. And sense im a realtor have referred the program to others.

Brief Summary of my experience:

Helped NACA refinance my fathers building from an ARM to a 30 year fixed mortgage with a 2.5% Interest rate.

Purchased 3 Flat myself that i currently live in at 1.75% 30 year fixed loan.

The key to the program is getting the seller to contribute funds to the buyers closing cost.

For my deal the seller gave me 30,000 plus and additional 40,000 that i had in savings.

Trust me fam.. This is no scheme. Its the best Program in America. Period.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Keyser Soze said:
Ive been a member for 3 years. And sense im a realtor have referred the program to others.

Brief Summary of my experience:

Helped NACA refinance my fathers building from an ARM to a 30 year fixed mortgage with a 2.5% Interest rate.

Purchased 3 Flat myself that i currently live in at 1.75% 30 year fixed loan.

The key to the program is getting the seller to contribute funds to the buyers closing cost.

For my deal the seller gave me 30,000 plus and additional 40,000 that i had in savings.

Trust me fam.. This is no scheme. Its the best Program in America. Period.
Click to expand...

What are the credit requirements? 620+ fico ?
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

...is this only in DC or is it everywhere....the site keeps speaking of an event in DC you must attend....how do you join?
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Thanks. We're looking to buy our first home, not sure though. Homes are still expensive even with the real estate downturn :(
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Dhustla said:
Being a homeowner is a secure investment.
Click to expand...
People never learn.

That sounds like an ARM (adjustable rate mortgage). Your earnings better increase because when those payments get upped, your fucked.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

will this work nationwide....willingboro nj?
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

This is how I bought my first home. This is not an ARM. My interest rate is below 3 percent for 30 years. The loan money actually came from Bank of America and they're not going anywhere any time soon...nopefully.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Read homey.... i said both loans are 30 year fixed loans. NOT ARMS. Check out the site then attend a workshop. Its free to checkout. Dont formulate an opinion until you actually CHECK out the site and workshop.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Damn....imma research this...could I use it for a foreclosed home or a short sell?
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

based on where you live there is a cap for the purchase amount for a single family home. In a lot of cases 250k max but of course higher if you up top or in cali. So if u can afford more than the cap then you dont qualify homie.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Keyser Soze said:
Not credit score driven
Click to expand...

This doesn't sound right to me. Credit scores were not an issue for many of those home buyers who signed adjustable rate mortgages that are now in forclosure.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

You are absolutely right. But there are thousands of people who financially can afford a home. but Due to poor credit are unable too purchase at a decent rate. Naca rewards those individuals who have the financial means *i.e. savings* too purchase a home and apply savings and seller credit towards buying down there interest rate.

My first exposure to this program was 3 years ago. A young lady purchased a 3 unit building here in chicago for 320K. She was able , based on her savings and seller contribution, to purchase this property with a .125 interest rate.. NOT 1.25 but .125 her monthly mortgage is 900 something per month.

And the loan is 30 years FIXED. Also, there is no PMI but you are required to pay 50.00 per month up until you've paid 6000 in a pool that is used to help members who lose there job or experience hardship and need help making a mortgage payment.

This program is unbelieveable, folks. Pass the word around.. when i goto workshops once a month all i see our latinos. Black folks aren't getting it at all..
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Keyser Soze said:
You are absolutely right. But there are thousands of people who financially can afford a home. but Due to poor credit are unable too purchase at a decent rate. Naca rewards those individuals who have the financial means *i.e. savings* too purchase a home and apply savings and seller credit towards buying down there interest rate.

My first exposure to this program was 3 years ago. A young lady purchased a 3 unit building here in chicago for 320K. She was able , based on her savings and seller contribution, to purchase this property with a .125 interest rate.. NOT 1.25 but .125 her monthly mortgage is 900 something per month.

And the loan is 30 years FIXED. Also, there is no PMI but you are required to pay 50.00 per month up until you've paid 6000 in a pool that is used to help members who lose there job or experience hardship and need help making a mortgage payment.

This program is unbelieveable, folks. Pass the word around.. when i goto workshops once a month all i see our latinos. Black folks aren't getting it at all..
Click to expand...

:smh:
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

You are absolute correct in everything that you have said...especially concerning the latinos.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

good info
 
Last edited:
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Good post. I can see why cats are skeptical but damn... all this head shaking with absolutely NO research other than what's been posted. It's a legit program but you need to have some bread saved up to take full advantage. Scared money don't make money.
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

bump, because we all family
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Let's run 'em back
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

I'd remind all you brothas to use caution with "amazing" info like this.

And when I say caution, I mean look at the OP post count, and then look at the folk supporting it post counts.

:smh::smh::smh::smh::smh:
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

Also note, there is no wikipedia page on this organization.

:angry::angry:

gtfoohwtbs
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

yckirk said:
I'd remind all you brothas to use caution with "amazing" info like this.

And when I say caution, I mean look at the OP post count, and then look at the folk supporting it post counts.

:smh::smh::smh::smh::smh:
Click to expand...

really? :confused::confused::confused:


look at your post count. what does that tell you. post count doesnt mean shit. just go to naca.com and start reading. this shit is funded by bank of america and is legit. it aint no pyramid scheme or no bullshit. no one here is asking for anything in return. my homeboy (and bgol poster) bought his house with this program.

just go to one of the workshops and you will see for yourself.

i am curious though, why are you so skeptical about it. are you looking to buy a house or something?? or are you just playing devil's advocate or are you just a hater of things you do not understand.
 
Last edited:
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

yckirk said:
Also note, there is no wikipedia page on this organization.

:angry::angry:

gtfoohwtbs
Click to expand...

when the fuck did wikipedia become the ultimate culmination of knowledge?? that shit is written by regular people.

AND................... there isnt a page for BGOL on wikipedia either but you found that shit and manage to make pointless and no-merit posts.

http://en.wikipedia.org/wiki/Special...rch=bgol&go=Go


but wikipedia does have a page on santa claus

http://en.wikipedia.org/wiki/Santa_claus


















:hmm:
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

I have a friend who is getting his home through this program. The credit check is pretty thorough (as far as the documentation needed to actually qualify for the program). It seems legit and he hasn't had any problems going through it.

This isn't a scam, but they are very thorough. They are also a non profit organization.

http://answers.yahoo.com/question/index?qid=20071105072420AAJVoSj&show=7
 
Re: WWW.NACA.COM - First time homebuyer? NO closing cost, NO downpayment, LOW Inter

I was actually talking about this @ work.
I'm interested in buying a home and this lady was trying to put me on to them.
I was reading the website and
(1) They say they take out a lien on the property when you buy it to make sure that you basically don't "abuse" the system but at the same time say you can move
(1b) They say the banks have their own "preventative" measures installed to prevent abuse "moving"
(2) They don't charge PMI but DO charge 50.00 a month which is kind of pointless since you only have to pay PMI anyway until you meet 20% of your mortgage.
(3) You MUST attend 5 meetings a year...

I want to attend the Aug meeting that their going to have here but after reading all of that I really dont see the point... and honestly I WANT to put down a downpayment.
 

Make a Contribution to Remove NSFW Ads
You must log in or register to reply here.

Similar threads

DC_Dude
Tulsa’s first Black mayor announces $105M reparations plan for descendants of 1921 Race Massacre
Replies
8
Views
155
tajshan
tajshan
DC_Dude
Amazon plans to invest $10 billion in North Carolina to expand cloud computing infrastructure and advance AI innovation
Replies
2
Views
86
World B Free
World B Free
Database Error
Bill Gates: "Within 10 years with AI humans will no longer be needed “for most things” i
Replies
3
Views
94
World B Free
World B Free
DC_Dude
TRIO program faces budget cuts within the next year. Good bye to Upward Bounds Programs...
Replies
4
Views
136
xxxbishopxxx
xxxbishopxxx
DC_Dude
How the AI Action Plan Reshapes Power and Why Black America Can’t Afford to Be PassiveWith 4+ million jobs on the table
Replies
14
Views
293
DC_Dude
DC_Dude
Back
Top