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How to use or fill out the NACA Purchase Workbook online

The NACA Purchase Workbook is a comprehensive document designed for individuals seeking to navigate the home buying process with the assistance of NACA. This guide provides step-by-step instructions on how to fill out the workbook online effectively.

Follow the steps to fill out the NACA Purchase Workbook online.

  1. Click the ‘Get Form’ button to obtain the form and open it in your preferred online editor.
  2. Begin by filling in your personal information in the designated fields. Be sure to include your full name, contact details, and household information as requested.
  3. Provide accurate financial information including income, employment history, and any existing debts or obligations. This data is crucial for determining your qualification.
  4. Upload necessary supporting documents as indicated, such as income verification, bank statements, and tax returns. Follow the specified method for submission to ensure all pages are included.
  5. Complete the budgeting section by detailing your monthly expenses and current liabilities. Use the Daily Expense Diary and Comprehensive Budget forms provided to assist in this process.
  6. Review your entries for accuracy before submission. Ensure that all fields are filled completely and correctly to avoid delays in the qualification process.
  7. Once you have filled out the workbook, save your changes securely. You can download, print, or share the form as needed.

Start filling out the NACA Purchase Workbook online today to take the first step towards homeownership!

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NACA creates your personal Web-file for you to making a counseling appointment, get updates on your status, identify your next steps, submit necessary documents into your electronic file, and much more. Your Web-file is your go-to place. Go to .naca.com and Click on “Web-file”. Enter your NACA ID # and password.

Can a Member use the NACA Mortgage more than once? NACA Members who own a home purchased with the NACA mortgage can purchase a new home through NACA with the same NACA Mortgage after a period of at least five years.

Once you are NACA Qualified, you will need to continue to pay all accounts on time, maintain your income, obtain no new debt and save the difference between your current housing payment and future affordable mortgage (i.e. housing) payment each month, until closing.

This approximately four-hour workshop provides details on the NACA Purchase Program, NACA's Best in America Mortgage and the program requirements. You will learn how to become mortgage-ready and get NACA Qualified.

Your maximum mortgage amount with the NACA Mortgage combines the purchase price and any rehab escrow which cannot exceed the conforming loan limit of $484,350 in most areas and $726,525 in high cost areas with considerably higher amounts for multi-family properties.

Your maximum mortgage amount with the NACA Mortgage combines the purchase price and any rehab escrow which cannot exceed the conforming loan limit of $484,350 in most areas and $726,525 in high cost areas with considerably higher amounts for multi-family properties.

This Purchase Workbook is your resource guide that details the housing search and mortgage process. NACA has established several requirements to ensure that the home you purchase is affordable over the long term and that repairs are made to eliminate future difficulties and costs.

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