4.875%

Term: 30-year
Worcester, MA
Lender: Bank of America
  • Mortgage Amount
    $600,000
  • Mortgage Payment
    $4,187
  • Property Type
    Three-family
  • Closed
    10/31/2024
  • Down Payment
    $0
  • Closing Cost
    $0

It was definitely worth it. You know, I think I wouldn’t have been able to purchase a home without NACA. Through NACA I was able to buy a multi-family property where I get to live in one unit and rent the other two to basically pay off the mortgage, so that was great. I was also able to get a 4.875% interest rate at a time where, without the program, it would be like 6.7%. So I was able to save a lot of money that way.

So yeah, I’m really excited to finally become a homeowner. I would say, you know, just stick to it. I do recommend the program, stick to it and then at the end, it will definitely be worth it.