I have excellent credit so I could not understand why it was taking so long to get approved.(it took over a year) Once I was approved I had questions but they only communicate through email and take forever to respond and the counselors are not very personable.
The interest rate they approved me for was the market rate not 1% less, my mortgage was going to be $1050 without PMI but it included a fee paid to NACA for the next ten years included with my mortgage. I had $64000 in government assistance they would not except and the amount they approved me for was not enough to purchase a home, I was done.
I went to an independent bank got approved for a home loan within a week and my house note is less than $900 a month.My suggestion is if you have good credit don't mess with NACA.
Review about: Naca Mortgage.