PURCHASE PROGRAM | NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA
Provides below market rate mortgages for home purchases. Mortgage does not require down payment or closing costs. Participants receive home ownership counseling. They are a HUD Certified Housing Counseling Site.
Categories
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211 Cleveland
Physical Address
7000 Euclid Ave., Cleveland, OH 44103
Hours
Workshop schedules vary; National customer service available M-F: 8:30am-9:00pm.
Website
Application process
New clients will need to first attend an initial workshop - over the phone workshops may be arranged for those who live too far away to attend. Phone or go to web site anytime to locate or register for a workshop. Those who are already participating in the program may phone for information or updates on their case during service hours.
Fee
Participants will make monthly mortgage payments. No fee for membership.
Eligibility
While the initial workshop is open to all, membership is required for any further participation in the program.
Agency info
NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA
Operates as an organization that seeks to expose predatory lenders and their practices. Works to increase state and federal government regulation of predatory lending and raise public awareness of this issue. Offers low-interest, no down payment mortgages as an alternative to sub-prime loans in order to combat predatory lending practices and reduce the occurrence of foreclosure.