Neighborhood Assistance Corporation of America
NACA, the Neighborhood Assistance Corporation of America (naca.com), is one of the most exciting organizations in the country. NACA is a national non-profit HUD-certified housing counseling and community advocacy organization. We are a high-profile organization whose affordable mortgage programs and community advocacy are frequently featured in the national, international and local media. NACA is the largest and most effective housing services organization in the country and is rapidly growing with 40+ offices nationwide, a counseling center in Charlotte, and over 500 staff. We are hiring many additional staff for existing and new offices nationwide, local organizers, and managers based in the Boston corporate office with opportunities for career development and advancement. NACA’s seeks staff with a positive and open attitude, a willingness to work hard, pays attention to detail, and is flexible. The candidate must also have a determination to achieve NACA’s mission of economic justice and a willingness to participate in NACA sponsored or supported campaigns and activities.
Started in 1988, NACA has a strong track-record of successful advocacy against predatory and discriminatory lenders. NACA’s success is a result of its aggressive, confrontational advocacy. We have taken on campaigns against some of the country’s most powerful companies and individuals and won. NACA has revolutionized mortgage lending with its mortgage programs and advocacy. NACA continues its aggressive advocacy for working people and communities in the fight for economic justice and affordable homeownership for all. In addition to affordable homeownership, this includes precedent setting multi-state ballot initiatives on issues such as student debt, tax equity, voter access and other economic justice issues.
NACA has established the national standard for homeownership programs.
- Purchase – For homebuyers who will be owner-occupants, the Purchase Program makes the right to affordable homeownership a reality for homebuyers. By basing its mortgage underwriting criteria on homebuyers’ overall circumstances and not on traditional risk-based pricing or credit scores, NACA provides broad access to its Best in America mortgage –a mortgage with no down payment, no closing costs, no fees, no requirement for perfect credit and is always at a below-market, fixed interest rate (go to [[http:naca.com|naca.com]] for the current rate). Everyone gets the same incredible terms, including the below-market interest rate, regardless of their credit scores or other factors. NACA has $13 billion in mortgage commitments from the country’s largest lenders for this incredible mortgage product. Virtually 100% of NACA-Qualified customers are approved and funded.
- Renovations – For Purchase Program homebuyers whose property is in need of repairs. NACA’s Home and Neighborhood Development (“HAND”) department assists them throughoutthe repair and renovation process.
- Homeowner Assistance – For Purchase Program homeowners who experience financial difficulties, NACA’s Membership Assistance Program (“MAP”) provides services including mortgage modifications, payment agreements and financial assistance to help avoid foreclosure.
- Home Save – For homeowners with an unaffordable mortgage, NACA is the largest and most effective program in providing affordable solutions providing such solutions to over two-hundred-thousand at-risk homeowners nationwide. NACA has been able to restructure unaffordable mortgages by permanently reducing interest rates to as low as two-percent and reducing outstanding principle balances to achieve affordable mortgage payments. NACA has legally binding agreements with all the major servicers and lenders requiring them to provide the best solutions for at-risk homeowners through NACA.