Is there a 4% or 7% interest rate buy down cap through NACA – Bank Of America?
Buy down cap explained below. Bank of America Lender Grant Formula: 7% of the loan amount minus $3,000 (loan origination
Read moreBuy down cap explained below. Bank of America Lender Grant Formula: 7% of the loan amount minus $3,000 (loan origination
Read moreBelow is actual financial documents of a 0.0625% 30 year fixed interest rate through Citi Mortgage Jen & I obtained.
Read moreNACA has exclusive deals with two of the country’s largest lenders: Citi Mortgage & Bank of America. These lenders have
Read moreThe NACA buy down is the best in the nation, by far. Nothing else even comes remotely close. This is
Read moreNACA 15 year loan is the best 15 year loan in the nation. Not only will you pay off your
Read moreAs you read about in our previous example($18,000 Down Payment VS $18,000 Buy Down, which wins?) you see the big
Read moreOk. So by now im sure you have already read about the main benefits of the NACA program. Just in case,
Read moreThe amount the seller contributes is written into the Purchase and Sale Agreement. Once that is in writing, the amount
Read moreGetting your interest rate locked as soon as possible is extremely important. Lets take a look. On a 300k loan
Read moreThe interest rate through the NACA purchase program(which is ALWAYS lower than the current market rate) is already risen .5%
Read moreSimply put, you are approved for a specific monthly payment amount, which translates to a maximum mortgage amount based in
Read moreThe lowest possible rate for a BOA loan is indeed 0.125%. Citi loans may go to 0.0625%. Anyone may buy
Read more