Free Mortgage Modification Event This Week On Miami Beach

MIAMI BEACH (CBSMiami) – Thousands of homeowners who are upside down on their mortgages or being foreclosed upon because they can no longer afford their homes may be able to get some help a free mortgage modification event this week in Miami Beach.

Representatives from the Neighborhood Assistance Corporation of America (NACA) will be at the Miami Beach Convention Center – Hall B beginning Thursday. The event, which runs through Monday, will go from 8 a.m. to 6 p.m. each day.

During those five-days NACA’s mortgage experts will assess and modify thousands of mortgages for those who feel they can no longer keep up with payments. The process begins with an orientation before meeting with loan counselors will figure out a family’s ability to pay. That information is then submitted to a lender for approval.

NACA’s experts can also help new home buyers get the best mortgage rates.

NACA helps homeowners save on average between $500 and $1,000 a month off their monthly mortgage payment. The non-profit HUD certified organization has contracts with major lenders and investors to reduce interest rates to as low as 2% to make mortgages affordable.

Hundreds of counselors and bank representatives from all of the major lenders will be in attendance to assist with on-site home loans and on-site loan modifications. Everything is free.

Also during the event new home buyers can find out how they can access NACA’s mortgage. NACA’S mortgage has no down payment, no closing costs and no fees and it’s always at a below market fixed rate. Perfect credit is not required.

For documents needed and to register, go to or call (888) 499-6222.


One Comment

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Miami

Weather Forecast 24/7
Tracking Hurricane Matthew: Interactive Maps

Listen Live