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NACA Purchase Program

Administered by:
Neighborhood Assistance Corporation of America (NACA)
· Nonprofit · Zero-Interest Loan
Funding status: Active

How much assistance

No down payment, no closing costs, no PMI, no fees, and below-market fixed interest rate
Standard mortgage terms apply. Below-market fixed rate for the life of the loan.

Eligibility

  • Income limits: Focus on low-to-moderate income buyers and buyers purchasing in low-to-moderate income areas. No strict income cutoff.
  • First-time buyer required: No
  • Geographic restrictions: Available nationwide including Philadelphia. NACA has a Philadelphia office.
  • Homebuyer education required: Yes

How to Apply for NACA Purchase Program

Become a NACA member ($36/year). Attend a NACA Homebuyer Workshop. Work with a NACA counselor to get financially prepared and NACA-qualified. The process typically takes about 3 months from workshop to qualification.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (15 cities across 3 states)