Mortgage Lenders

 

 

 

The Best Mortgage in America

The Neighborhood Assistance Corporation of America (“NACA”) is a non-profit, community advocacy and homeownership organization. NACA’s primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership. NACA has made the dream of homeownership a reality for thousands of working people by counseling them honestly and effectively, enabling even those with poor credit to purchase a home or refinance a predatory loan with far better terms than those provided even in the prime market.

  • PURPOSE:  Purchase, purchase & rehab, refinance
  • DOWNPAYMENT:  None
  • CLOSING COSTS:  None
  • INTEREST RATE:  1-5% below market
  • BUY-DOWN:  Additional funds can reduce the interest rate
  • APPLICATION FEE:  None
  • POINTS & FEES:  None
  • CREDIT HISTORY:  Perfect credit not required
  • PMI:  None
  • MEMBERSHIP:  $50 per month for 5-10 years

Houston, Texas Office
6666 Harwin
Suite 260
Houston, TX  77036
(713) 706-3400

 

Ten Steps to Homeownership

  1. Attend a NACA homebuyer workshop to learn about the program and how to qualify
  2. Start the application process and become NACA certified
  3. Go house hunting with your real estate agent
  4. Submit an offer on a home
  5. Negotiate house price with your real estate agent
  6. Inspect the house and identify necessary repairs
  7. Apply to NACA for credit access
  8. Submit mortgage application to a NACA participating lender
  9. Get the mortgage and close the sale
  10. Receive post-ownership counseling through NACA’s Neighborhood Stabilization Program

 

More information about NACA …

 

 

 

 

Bank of America is committed to helping consumers who are ready for homeownership become successful homeowners, and supporting homeowners with knowledge and information about all aspects of homeownership, including home retention and foreclosure prevention. They are taking the lead to provide more clarity and transparency throughout the home loan process to help borrowers make educated, informed home loan decisions.  Bank of America is taking steps to make sure customers are getting loans that they can comfortably afford, to become and remain successful homeowners. And they are doing that by lending responsibly – which means no hidden fees, no surprises and providing borrowers the support they need to have confidence in their ability to repay the mortgage.

  • FHA guidelines offer opportunities for borrowers.
  • Down payments as low as 3.5%
  • Gift funds allowed
  • Fixed and adjustable rate loans available
  • Competitive rates
Become a Bank of America PreApproved Buyer

 

 

 

Become a Chase PreApproved Buyer

 

 

 

 

Become a Wells Fargo PreApproved Buyer

21st Mortgage Corporation is a full service wholesale lender specializing exclusively in manufactured home loans.  They underwrite, originate, and service their own loans. They offer a variety of loan types to manufactured housing retailers and directly to consumers nationwide.

Become a PreApproved Buyer

 

Applicants’ Checklist – The applicant and coapplicant must provide this information:

  • Name
  • Date of birth
  • Phone number(s)
  • E-mail address
  • Residency status
  • Current address
  • Previous address (if less than two years at current address)
  • Mailing address (if different than current address)
  • Total yearly income
  • Value of assets you own
  • Social Security Number(s)

If you are purchasing a property, you will also need:

  • Property address
  • Property type
  • Purchase price and down payment
  • Estimated annual taxes and insurance
  • Name and number of your real estate agent

 

Disclaimer: All companies are independent and not affiliated with Virtue Enterprises LLC, Virtue Realty or Fern Poyser.  Please perform your own due diligence when choosing a mortgage lender.