2.0%

Term: 30 Yr Fixed
Forney, TX
Lender: Bank of America
  • Mortgage Amount
    $197,000
  • APR
    2.303%
  • Mortgage Payment
    $1,161
  • Property Type
    Single
  • Closed
    09/01/2016
  • Buy-Down
    $7,880
  • Down Payment
    $0
  • Closing Cost
    $0

We are excited to close today.  We are very grateful for the assistance we received from NACA.  NACA works for people who have difficulty to pay a down payment to purchase a house.  We were living good but unable to save towards a downpayment.  We are happy we could get through this barrier with NACA program.  Besides, if one chooses to buy down points, the interest rate would go down unbelievably.  With us it went down from 3% to 2%.  For any person who wants to go with NACA, like we did, all he/she needs to be is honest, disciplined with savings, and submit required documents on time.  God Bless NACA.