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Get to know neighborhood assistance corporation of america

The Neighborhood Assistance Corporation of America (NACA) is a non-profit organization focused on economic justice and sustainable homeownership. Founded in the late 1980s, its mission is to combat predatory and discriminatory lending practices. NACA is the largest HUD-approved housing counseling agency in the United States. It provides comprehensive counseling and access to its "Best in America" mortgage, which features no down payment, no closing costs, no private mortgage insurance (PMI), and a below-market fixed interest rate for low-to-moderate-income individuals and families.

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neighborhood assistance corporation of america

United States

Founded in

1988 (38 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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