2.75%

Term: 30 Yr Fixed
Raleigh, NC
Lender: Bank of America
  • Mortgage Amount
    $136,000
  • APR
    2.762%
  • Mortgage Payment
    $787
  • Property Type
    Single
  • Closed
    05/23/2016
  • Buy-Down
    $2,720
  • Down Payment
    $0
  • Closing Cost
    $0

I started the NACA program October 1 and was qualified December 1, 2016.  I was able to buy my interest rate down to 2.75% using sellers money.  I would recommend NACA to anyone looking to purchase a home.  You have to have time and patience.  Documentation is key, when something is needed, provide it.  NACA is helping you obtain a mortgage, a loan for over $100,000 in most cases.  they need to ensure you can afford the monthly payment.  it was well worth it.  Nikki Cayne.