The mortgage crisis is the result of unbelievable greed and exploitation by Wall Street and the largest financial institutions.
While the major lenders in America and the world try to blame the homeowners, it is clear that they provided mortgages to working people that were structured to fail.
NACA has been in the forefront of fighting these lenders as well as being nationally recognized as the largest and most effective organization in assisting homeowners who have an unaffordable mortgage.
As a result of NACA’s aggressive advocacy and state-of-the-art operations, we have legally binding agreements with all the major lenders/servicers and investors (i.e. Fannie Mae and Freddie Mac) covering approximately 90% of homeowners to achieve an affordable solution. You should not pay anyone to achieve your affordable mortgage payment. All of NACA’s services are Free.
NACA has assisted over a quarter- of-a-million homeowners achieve affordable solutions nationwide. Free. The primary NACA solution is to restructure the mortgage by permanently reducing the interest rate to as low and 2% and sometimes reduce the outstanding principal saving hundreds and sometimes over a $1,000 a month.
If you are beginning the Home Save process complete the Web-submission (identified below) which requires information about you and your finances. After you complete your Web-Submission, contact NACA’s Membership Assistance Department (“MAP”) at 281-968-6222 where you will be assigned a MAP Advocate.
Your MAP Advocate will do a phone counseling session to submit your file to your servicer and will assist you throughout the process to obtain an affordable solution. You should contact the MAP Department at any time to obtain a status of your file and to have a MAP Advocate assigned to you.
You can also have a face-to-face appointment with a counselor in a local NACA office. In addition, NACA provides you with your personal Web-File, which is continually updated by your Servicer and NACA, with your status, next steps, proposed solution which you can review and accept, and most importantly the ability to input your auction date so NACA can work to suspend it while working with you.
If possible you should attend a NACA American Dream event consisting of five days with all the major servicers and investors on-site. NACA has done over 140 of these extraordinary events around the country over the past five years with tens of thousands of participants and are doing more this year (future events are listed below).
There is nothing like meeting face-to-face with your lender/servicer to explain your situation and having a NACA negotiator there as your advocate. Many homeowners are able to obtain a same-day solution at these events saving hundreds of dollars and some over a $1,000 a month in their mortgage payment.
These events have been profiled in the national and local media as incredible successes including highlighted on 60 Minutes where many of the homeowners received same day solutions. While we can assist you without attending an American Dream event, these are the best place to go for immediate assistance and solutions.
https://www.nacalynx.com/nacaweb/refinance/homesaveProgram.aspx
