NACA's Property Specific Letter Request

Nearest Office Location *

Real Estate Agent Name*

Real Estate Agent Email*

example@example.com

Real Estate Agent Phone Number*

Counselor Name*

Counselor Email Address*

example@example.com

NACA ID *

Member's Name*

Property Address*

full address including: State, City and Zip Code

Property Type*

Renovations *

Rent/Unit *

If units are occupied, you must input the current Monthly Rent. If rental units are vacant, you must submit a Rental CMA with your request and input the estimated monthly rental income.

Estimated cost of repairs*

Estimated cost of repairs if applicable

Mortgage terms*

Purchase Price*

Tax Rate

NACA mortgage calculator tax rate, use decimal (.12) I.E.

Monthly Tax Amount

Est. Monthly Homeowner Insurance Amount*

Online Monthly Insurance Quote or Counselor Estimates

Monthly HOA*

Monthly HOA

Total Inspection Fee's*

Total cost for inspections including reinspection fees

Who is responsible to pay for the Real Estate Commissions *

Members' Responsible Real Estate Compensation Amount*

Buydown Source:

Member's Contribution: (Grant and Gift funds are considered Member's Contribution) towards Buydown is limited to 4% to 6% of the loan amount, depending on the loan amount. The higher the loan amount the more you can Buydown, confirm with the Counselor. Any funds above and beyond the limitation can be used for Principal Reduction.
Seller's Contribution: towards Buydown is limited to 10% of the loan amount.

Disclaimer: Member's contribution for interest rate buydown is in addition to the Minimum Required Funds needed for closing. Have the member upload to the Member Portal the most recent bank statements as proof they have the funds for buydown in addition to the required minimum required funds.

Interest rate buy-down source*

Principal reduction source*

Member's buy-down contribution amount

Seller's buy-down contribution amount

Gift buy-down contribution amount

Grant buy-down contribution amount

Principal reduction - Buyer*

Principal reduction - Gift*

Principal reduction - 3rd Party (Grant)*

Source of Down Payment *

Name of Organization

MLS, Tax Records, and Homeowner Insurance quote if applicable