Maximum Purchase Price
NACA does not believe in poor areas for poor people or exclusively wealthy areas, so there are no income limits for getting a NACA mortgage, and you can purchase a one- to four-family home, condo or a coop. The purpose of establishing upper limits on the purchase price is to maintain NACA’s focus on stabilizing low- to moderate-income communities and assisting low- to moderate-income people. The Maximum Purchase Price cannot be exceeded under any circumstances, and it is not acceptable for a buyer or seller to provide funds in addition to the mortgage to compensate for a purchase price that exceeds the Maximum.

NACA determines the Maximum Purchase Price by regions, which include both urban and rural communities. The Maximum Purchase Prices are usually close to the Federal Housing Administration (“FHA”) limits, allowing almost all NACA Members to purchase any home they can afford. To determine the Maximum Purchase Price in the areas where you are interesting in living, input the zip code and state the number of miles distance for the areas you are interested in purchasing your home. Note that NACA offices often service multiple regions, and some regions are served by more than one office.
Please enter your Zip Code: Within Mile(s):
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