HOME SAVE PROGRAM | NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA
Provides home mortgage loan counseling services to those who are in danger of losing their home. Works with the lender to negotiate and restructure the loan in order to create better terms for the borrower. In some cases, agency will refinance the loan. Goal is to bring the interest rate down to a level where the borrower can make sustainable payments.
Data provided by
211 Cleveland
Physical Address
225 Centre St., Boston, MA 02119
Hours
Workshops vary as scheduled; National customer service is staffed M-F: 8:30am-9:00pm.
Website
Application process
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
The agency has suspended membership fees for this program, however, members are encouraged to participate in at least five actions in support of the organization per year (such as helping in the office, attending protests, or counseling other member families).
Eligibility
While the initial workshop is open to all, membership is required for any further participation in the program. Must be owner-occupants and not own any other property. Multi-family homes with rental units are allowed, but only if the owner also lives in the home.
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.