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WELCOME TO NACA'S QUALIFICATION WORKSHOP

WELCOME TO NACA'S QUALIFICATION WORKSHOPF ighting For Economic Justice With America s Best MortgageNACA QUALIFICATION WORKSHOPF ighting For Economic Justice With America s Best MortgageFirst Step to Homeownership Questions are WELCOME , raise your hand or use the questions box. You also may send your questions to You should not disclose personal identifiable information on this webinar. This is an interactive webinar, do your best to be in front of a computer to be able to open PDF QUALIFICATION WORKSHOPF ighting For Economic Justice With America s Best MortgageFirst Step to HomeownershipUse your QUALIFICATION Workbook during this webinaras a resource to become NACA Qualified. Section 1 -NACAO verview Section 2 -NACA Mortgage Section 3 -NACA Real Estate Department ( RED ) Section 4 -Financial Management Section 5 -Mortgage Payment Section 6 -Mortgage Amount Section 7-NACA QUALIFICATION Section 8-Intake Session Prep Section 9 -Web-File Section 10 -Member ParticipationAskQuestions!

make your initial assessment. This will require you to estimate the amount of each income and expense item for both the applicants on the mortgage and the household members to be living in your new home. Access your Budget Worksheet Form from the chat or www.naca.com I will demonstrate it here. BUDGET WORKSHEET FORM MAKE A BUDGET FINANCIAL ...

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MEMBER’S INITIAL ASSESSMENT - NACA

www.naca.com

2 adult incomes 3. Individual Monthly Gross Incomes – W-2 Hourly Example: $15 per hour times 40 hours per week, times 52 weeks for annual income, divide by 12 for gross monthly income. 1. $15hr x 40hrs x 4. Monthly Gross Income – W-2 Household Salaries $2,600+$3,000 = 5,600 5. Monthly Gross Income – W-2 Household Commission $0 6.

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NACA Overview

www.naca.com

www.naca.com service@naca.com Member Services 425-602-6222 ©NACA —2015 NACA Overview •NACA Mortgage •Housing Search •Mortgage Process …

  Ncaa, Process, Overview, Naca overview

NACA

www.naca.com

Maintaining Your NACA Qualification Congratulations on being NACA Qualified! Remember to use your Web-file to submit your documents. Until closing you must maintain the following.

  Ncaa

NACA

www.naca.com

student loan statement, and alternative credit documents to your Web-File as you receive them. Remember to retain your original documents. Your Next Steps þ VIEWING HOMES – Prior to viewing any home, make sure it is within your affordability range as ... This workshop will prepare you and your R.E. Agent to understand and meet NACA’s ...

  Ncaa, Students, Loan, Workshop, Student loan

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