NACA

NACA (Neighborhood Assistance Corporation of America) is a non-profit organization renowned for its unique mortgage program aimed at making homeownership accessible to low-to-moderate income individuals and communities. Founded with a mission to combat predatory lending and address housing inequality, NACA offers a distinctive approach that bypasses traditional barriers like credit scores and down payments, focusing instead on affordability and responsible homeownership.

The organization distinguishes itself through its comprehensive counseling process, which prepares potential homeowners for the responsibilities of homeownership. They offer a single, best-in-market mortgage product with no closing costs or fees, and below-market fixed interest rates. NACA's program is designed to serve a broad spectrum of individuals, particularly those who have been underserved by conventional lending institutions.

NACA's commitment extends beyond loan origination, providing post-purchase support to ensure long-term success for homeowners. Their model emphasizes sustainable homeownership and community stabilization, reflecting a deep dedication to social and economic justice within the housing sector.