In Memphis, there is hope for potential homeowners looking to buy and also for those looking to avoid foreclosure thanks to a new program from the Neighborhood Assistance Corp. of America. Memphis, like many other cities in the US, is still in need of foreclosure assistance and foreclosure education and prevention programs.The Memphis movers are glad that options are cropping up to attempt to bring a level of restoration back into the real estate market.
Homeowners currently stuck in an unaffordable mortgage can get a free loan modification thanks to NACA, which is a nonprofit organization, who has contracts with major lenders and investors aimed at reducing interest rates. First time buyers can also utilize the NACA to get reasonable entry level mortgages with little to no money down. You can learn more about the program and how it can help you by visiting here.