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Do you know anyone who has ever used NACA? Share your story

By Lanre-"THE REAL ESTATE FARMER" Folayan

Real Estate Agent with Samson Properties SP98364271

April 01, 2010 11:18 AM

Do you know anyone who has had either a good or bad experience with NACA? Share your story.

NACA is a program that started in 1988. NACA helps provide counseling helping members who are delinquent in their home loans and help members establish loan payments as well as providing financial assistance.

So whether you or know someone had a good or bad experience with NACA,please share your story.

Looking for a Real Estate Agent to help you buy or sell your next house? Please go to my website at DC and PG County Maryland Homes for sale. I can also be reached on TWITTER"http://twitter.com/DCHomesforsale, LANRE FOLAYAN'S FACEBOOK PROFILE AND LINKEDIN . Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. P.G County Maryland Homes for sale.

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Anonymous

Abutler

NACA is a good program, but not available in St. Mary's County, MD. Do you or anyone know how to get it available here?

Apr 18, 2010 04:54 AM

Lanre-"THE REAL ESTATE FARMER" Folayan

Samson Properties - Bowie, MD

I don't make promises.I deliver results.SOLD HOMES

Abutler-Call me 202-378-0283.

Apr 18, 2010 08:09 AM

Karen

I had a TERRIBLE experience with them. They took all of my personal information, and then never answered phones when you call for status of application. Every time I called the bank they said they hadn't received anything from NACA. In the end I sent them a letter to terminate my file so that I could use a company with standards that could be reached.

Apr 06, 2011 01:18 PM

Sorry - my above posting was not very clear. I would not recommend NACA to anyone I know. They did nothing for me. My guess is that for every file they have on record the government pays them. (I was trying for the "home save" program.) They got paid for doing nothing. In the end I was worse off, because I had wasted one and a half years waiting for them to help me - which they never did.

Don't do it!!

Apr 06, 2011 01:22 PM

Dwight Gholson

I used NACA when I purchased my condo in '06 and I went through the program with no problems. But maybe NACA was pretty hands off with my loan because I had already secured my loan through BOA. I only wanted to go through NACA for the fringe benefits of lowering my interest rate and not having to pay monthly PMI.

I took the 5 hour saturday class, went through the counselor session as a formality to get what I wanted out of the program. Once I recived my NACA certificate BOA did in fact lower my interest rate and I do not pay any PMI on my mortgage which saved me a few hundred dollars per month. During my process I was able to contact people in the office relatively easy and had no problems during my process.

Fast forward to 2012, my girlfriend is now looking to buy a home and wants to take advantage of the save NACA savings that I did but for months we have not been able to get anyone on the phone to get into the program. She has said that she has already had some dealing with the program and thinks that she may have done the class some years ago when she was looking for a house a while back. She has found an amazing home at an amazing price but now we are in a holding pattern because she does not want to pay 400 in PMI every month and she is not able to get ahold of anyone at NACA.

Mar 29, 2012 11:39 PM

Dwight Gholson- Please give me a call at your earliest convenience. I can put you in touch with some lenders who are familiar with NACA. Thank you very much.

Mar 30, 2012 01:41 PM

Do you know anyone who has ever used NACA? Share your story

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Lanre-"THE REAL ESTATE FARMER" Folayan

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