CHARLOTTE, N.C. -- The Neighborhood Assistance Corporation of America, also known as NACA, announced a five-day event starting Thursday in Charlotte called Achieve the Dream to help people own homes.
Angela Eddie, like many, fell on hard times more than ten years ago. She lost a home to foreclosure and had a hard time qualifying for financial help. The single mother of two would spend twelve years renting an apartment.
“I never thought i could be a homeowner," Eddie said.
NACA CEO Bruce Marks, an outspoken activist for making mortgages affordable, said the event will put owning a home within reach. There is no down payment, no closing costs, no fees at a balloon market fixed rate.
Counselors won't consider credit scores, but those hoping to be approved must have recent copies of their pay stubs, W-2s, bank statements, tax returns and credit card statements.
Eddie said she got more than she imagined possible.
"The house I had was a two bedroom, one bath and now I have a three bedroom, two bath, two garage house," Eddie said.
A message Mayor Vi Lyles hopes everyone hears whether they need to refinance their current American dream or launch a new one.
"That's a lot of us, wages are just beginning to go up and so there are a lot of people that need the support and I just think it's really important, come out," the mayor said.
The event starts Thursday and runs from 8 a.m. to 8 p.m. until Monday. It will be held at 5835 Executive Center Drive, off of Albermarle Road.
For more info visit, https://www.naca.com/.