Product: Naca Loan Clear all filters (0 of 68 reviews match)
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Been in program since Nov 2018 and have submitted all paperwork and have shock payment because of my loan processer wearing too many hats and not communicatin I’m stuck at preproval status because he doesn’t understand I’m a agent working for a company for health care....
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NACA_Online
NACA_Online
NACA Verified Representative

Membership dues for the NACA program are paid upon joining the program and are due on January 1st each year until you close on your new home. This is explained as part of the ...

Anonymous
Anonymous

I have been in that same situation like you have with NACA. To be honest your best bet is to go through a local credit union they have a lot of opportunities for you if you ar...

1.7
Product
Naca Loan
#1515353
While i believe that the NACA product sounds great in theory I really dont believe that the program works. I have been strung along week after week and told that my file has gone to the underwriter only for them to say i need something else every single time. This last...
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ImpartialFrigatebird147
ImpartialFrigatebird147

That was my experience for the year and a half I dealt with them. I finally had enough after the 800th action plan asking for the same paperwork or paperwork they NEVER asked ...

Anonymous
Anonymous

I agree! I am in the same situation. My MC did not adhere to our scheduled appointment and I have been trying to get a response after doing everything I was told by the underw...

1.4
Product
Naca Loan
#1497673

NACA - You can get frustrated

NACA’s process can be long, frustrating and tedious. I fussed, cried and screamed but finally closed on my home. You really have to have the patience of Job..ha it’s a great program if you stay the course.
4.2
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Product
Naca Loan
#1431780
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I received great services from naca. I had a interest only loan. Paying a very high note each month. I was refinanced and now pay one half of what i was paying and very low interest rate. It works. You have to be in the know of how and when to apply. It saved my home...
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Anonymous
Ursula43

What do you consider the "right time"? Is there a time of year, month, etc in which one should consider reviewing the NACA program? By the way, congratulations on your success...

Product
Naca Loan
#1422546

House next door to me sold under NACA. My home has suddenly been removed from eligibility, I’ve been renting 10 years. My issue is that now they’ve gotten into some interesting politics. how much u make and how much people make in the area can disqualifies u from...
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NACA_Online
NACA_Online
NACA Verified Representative

NACA is first and foremost a community advocacy organization fighting for economic justice through affordable homeownership and community stabilization. Our program is designe...

Product
Naca Loan
#1385896

DON"T GET SUCKERED BY THE NACA MARKETING, IT ISN'T TRUE!! Delay after delay. The lack of communication and knowledge is unfortunately typical of NACA. Holding true to their reputation, the NACA has had to move the closing date 3 times and still no set date. They have...
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NACA_Online
NACA_Online
NACA Verified Representative

We are sorry that the member had and unpleasant experience with the closing delays. One in five real estate transactions fails to close on time nationwide. However, the fact i...

Anonymous
Naca wacka

Yes, communication is terrible. Big waste of time, Ive been in it over a year, still haven't heard from my counselor in months.

1.3
Product
Naca Loan
I didn't like
  • Bad attitudes from staff
  • Incompetant
  • Staff
#1384952

If NACA had 13 million dollar to loan out for new loans. The average home in GA cost 200K. How is NACA financing all these homes. The math does not add up. Take 13m/200k= 74 to 75 loans total..
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Anonymous
John Q Public

Read again, it says "billion" not millions.

Anonymous
FALSEGentooPenguin

Hello...you may need to verify with your Counselor. NACA is not a mortgage company, or at least that is my understanding. They assist with getting people financially prepared ...

Product
Naca Loan
#1358495
After a year of appointments being cancelled, counselors not returning calls/emails, volunteering my time, paying NACA dues, getting our credit pulled, fixing our credit on our own and saving $15k ... WE ARE DONE WITH NACA. I recently had my appointment (that was...
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Anonymous
Can_it_b89

Amen!!!!!!!!!!! Someone should start a class action lawsuit for false advertisements.

Anonymous
Sally_mommy48

I too have requested a new counselor I'm still waiting on the office manager at my local NACA office to contact me or give me another counselor. This was 10 months ago so stop...

Product
Naca Loan
#1352409
This is our first time selling a home so we knew nothing about NACA. On the seller side of things, this experience has been most unpleasant. There is virtually no communication, to last minute communication, between Naca/buyers and the sellers. We've had the closing...
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Product
Naca Loan
I didn't like
  • No call backs
  • Communication
#1331853
The most unresponsive group of "lenders", two months they still can't close a loan and they don't call back or update at all! The agent's that NACA works with is no better, they have no communication and the poeple who pick up the phone and transfer you right away...
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1.0
Product
Naca Loan
#1296978