Study Hall: How to Buy a Home using The NACA Program
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 12 May 2023
⏱️ 11 minutes
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Summary
In this Study Hall we discuss the NACA Program and all the steps and procedures you have to go through you get in the program.
#earnyourleisure #naca #realestate #loans
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Transcript
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| 0:00.0 | Now you're the spokesperson. |
| 0:02.0 | So let's start at the beginning with NACA. |
| 0:04.6 | So I had first been introduced to NACA when my sister was actually going through the program |
| 0:09.1 | with her late husband at the time and there was like a seminar that they had to go to |
| 0:16.8 | when I was learning. |
| 0:17.8 | I had never heard about the program before that. |
| 0:21.2 | They didn't actually go all the way through with the program, which I find a lot of people |
| 0:24.9 | don't. |
| 0:25.9 | The retention is yeah. |
| 0:27.5 | A lot of people have criticized NACA because they like it's a lot that you got to go through. |
| 0:31.2 | It's very strenuous to the. |
| 0:33.2 | So what's the first step in the NACA process? |
| 0:37.7 | Like you said, going to that meeting is about three or four hours. |
| 0:40.2 | And that's all over the country, right? |
| 0:41.6 | Yeah. |
| 0:42.6 | They pretty much break down everything, all of the benefits of the program, the things |
| 0:45.6 | that you have to do, the rules for the program, things you can't do to the program. |
| 0:50.6 | And yeah, from there, you know, you sign up and let them know what date you want to meet |
| 0:54.8 | with a mortgage counselor. |
| 0:55.8 | It could be up to two years out. |
| 0:57.8 | It could be up to two weeks out, but you put whatever date when you're comfortable. |
| 1:01.0 | I tell people all the time, don't go until you're ready. |
... |
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