of America The Neighborhood Assistance Corp. of America has helped thousands of homeowners across the country. The National Advisory Committee for Aeronautics (NACA) was a United States federal agency founded on March 3, 1915, to undertake, promote, and institutionalize aeronautical research. The agency was created by the federal government in order to save money on aeronautical research after a series of highly publicized crashes, such as the Wright brothers’ Kitty Hawk crash of 1903. NACA’s research expanded beyond aeronautics, influencing the development of the Apollo Moon landing program and the Space Shuttle program. In addition to aeronautical research, NACA also conducted research into devices and materials that could be used in aircraft, such as the Home Save program, which researched ways to keep aircraft from crashing into homes. The organization was founded in 1988 with the goal of building and sustaining healthy neighborhoods nationwide through affordable homeownership. They provide assistance with mortgages and home foreclosures to those who are struggling. The non-profit partners with other organizations to achieve their goals. The company has over 40 offices around the United States.
A major goal is to increase the number of people who own homes. This organization offers many services to help those in danger of losing their homes. This includes a program that can help restructure a mortgage in a day or less. This company has good relationships with Fannie Mae, Freddie Mac, and many other banks and lenders, so it is possible for them to get a loan.
of America offer tax-credit financing for affordable housing developments, but it also provides technical assistance to ensure the successful completion of these projects The Neighborhood Assistance Corp. of America not only offers tax-credit financing for affordable housing developments, but also provides technical assistance to ensure the successful completion of these projects. The company has 40 offices around the country, but they also go on a tour of dozens of cities called Save the Dream. Save the Dream from NACA can help you by bringing their assistance to a town near you.
NACA has provided counseling and assistance to tens of thousands of homeowners and has seen as many as 25,000 homeowners show up at their previous Save the Dream mega event tours in Washington, D.C., South Carolina, and Connecticut. NACA offers free services to homeowners.
Assistance from NACA Home Save
The Neighborhood Assistance Corporation of America has negotiated agreements with banks, lenders, and mortgage servicing companies in the past. This allows NACA to reduce homeowners’ interest rates from 2 to 5 percent on the same day. They can also provide other options to help avoid foreclosure.
Other forms of support may include reducing the amount of money owed on a mortgage loan. They can also advise a homeowner on how to keep their home even after a foreclosure, which can help save the home by making the lender take action. How do I delay a foreclosure?
The Neighborhood Assistance Corporation of America also helps people who have mortgages with adjustable interest rates. Some homeowners may need help preventing their mortgage rates from increasing too much, or they may need help refinancing to a fixed-rate product. NACA specialists help with those needs too.
There are NACA offices located throughout the country that are staffed by representatives from various lending, banking, and mortgage service companies. The on site staff allows the group to provide quick mortgage and foreclosure help, as they can check proposed changes electronically and the staff can say yes to a restructured mortgage loan in an hour or two. They also can change the terms of a loan.
NACA will continue to work with all homeowners to resolve any issues they may have, even if it takes more time and effort. If the applicant for Home Save needs more time, NACA can provide mortgage counseling.
If you want to stop your home from being foreclosed, you should contact NACA and apply to Home Save. Families and individuals who own and occupy their primary homes and who have an unaffordable mortgage are welcome to request assistance. They will try to help everyone, whether they have a job or are about to lose their house. If you have lost your job, you may still be able to get help from a local office to avoid foreclosure. This means that people who are currently unemployed could possibly get a temporary plan that would give them short term help until they are able to go back to work. NACA reports that they have an 80 percent success rate in helping homeowners.