Good afternoon, MHIlls:
Absolutely. NACA has a great loan program and there are ways to leverage NACA financing through other programs to push down your monthly payment. But because many borrowers are trying to get a NACA loan, it can take a bit of time to get through the process, especially if you have bad credit and are going through credit repair. There are ways to make NACA financing work for just about any home in any location, including higher priced $300,000 homes and homes in bad condition that need a lot of repairs. There are requirements for borrowers to place a sign in their yard and participate in NACA activities and events after the loan is funded, so you should fully understand those post closing obligations.
Regardless of the financing you choose, you should always select your real estate broker based on their expertise, experience, education and how well they listen to what you tell them about your needs. If you EVER feel pressured into signing agreements with a certain real estate broker, you should resist. The best real estate brokers will be full time professionals with a lot of training and experience with all kinds of finance. They will provide a very high level of service and should also be responsive to your calls. If you appreciate an answer, please give "thumbs up". For the most helpful answer, please say thanks with a "best answer" click.