0.5%

Term: 30 Yr Fixed
Charlotte, NC
Lender: Bank of America
  • Mortgage Amount
    $139,488
  • APR
    0.797%
  • Mortgage Payment
    $622
  • Property Type
    Single
  • Closed
    04/28/2016
  • Buy-Down
    $10,287
  • Down Payment
    $0
  • Closing Cost
    $0

I have had a great experience with NACA. I lost my last home a little over two years ago. With NACA home purchase program I qualified for a home exactly 2 years after the foreclosure. One week after becoming qualified, I found a home. Prior to purchasing the home I was renting an apartment for $598 per month. The apartment had 1 bath, 3 average size bed rooms with small closets, living room and dining room combo which was about 800 sq. feet. The kitchen was tiny and there was no dishwasher and few cabinets. With my averaged salary, I currently own a 1745 sq. ft. home with 3 bedroom, 2 ½ bath over sized one car garage for nearly the same as rent. Did I mentioned, that I received an interest rate of .5%. This is no Joke, my friends can’t believe it either. Yes, NACA helped me to become a home owner again with less than good credit. I am very proud of my new home. There is no better program. The qualifying process for NACA was worth every moment. You too should join the NACA family.