Struggling Maryland homeowners offered mortgage help
BALTIMORE Neighborhood Assistance Corporation of America (NACA), a HUD Certified non-profit, will offer Baltimore area homeowners a last chance to stop the foreclosure of their home and make their mortgage affordable during the nation’s largest and most effective homeownership event.
NACA’s American Dream Tour Event will be at the Baltimore Harbor Hotel located at 101 W. Fayette Street in Baltimore from Thursday, July 31 through Monday, August 4, 2014 from 8 a.m. to 6 p.m. each day. New homebuyers have the opportunity to obtain America’s Best Mortgage. Homeowners with unaffordable mortgages can reduce their monthly payment. All services are free!
NACA’s American Dream Tour event gives homeowners the opportunity to meet face to face with their lender along with a NACA advocate to obtain an affordable solution the same day. Many homeowners have their interest rate reduced to as low as two percent and possibly a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment. NACA has done over 140 American Dream events with three previous events in the Baltimore area assisting over a quarter-million people nationwide.
Because of the mortgage crisis still facing Marylanders, NACA has returned to conduct one LAST event to help struggling homeowners in Baltimore and surrounding area. It is crucial that everyone in the area with an unaffordable mortgage take advantage of the opportunity to meet with their lender for a same-day solution to their unaffordable mortgage. Since all of NACA’s services are free, homeowners have everything to gain and nothing to lose. Realty Trac notes that there are currently 4,148 properties in Baltimore alone that are in some stage of foreclosure. The Baltimore Sun reports that during 2014, Maryland posted the second highest foreclosure rate in the nation.
NACA has legally binding contracts with all the major lenders and investors to get this done with counselors and bank representatives on hand to provide face-to-face solutions. “NACA continues to be relentless in advocating for the homeowners,” said Bruce Marks NACA CEO. “We do not take no for an answer and encourage the homeowners to continue to advocate. This includes filing complaints with the regulators such as CFPB to have them monitor the decisions of the lenders.”
NACA’s Home Save and Purchase programs have been highlighted on the national and local news as the most effective in providing affordable homeownership. This includes home buyers who can qualify at the event for NACA’s Best in America Mortgage: no down payment, no closing costs, no points or fees, and everyone receives the below market interest rate without consideration of their credit score.
For many Americans, the dream of home ownership has either become a nightmare or an illusion. NACA Founder & CEO Bruce Marks hopes, through the efforts of NACA, people in Baltimore and the surrounding Maryland area can save their homes and again realize the dream of affordable homeownership.
For documents needed and to register, go to www.naca.com or call 281-968-6222. Walk-ins are welcome!