If you're interested in the NACA housing program, you might be wondering about payment shock and how it affects your approval for a NACA mortgage.
In this video, I'll walk you through calculating your payment shock and how much you could be approved for in 2024. Save the video and come back to do your own calculations! 🏡
🔗 Useful Links
Notion Template: https://wilmamoneygrow.gumroad.com/l/...
NACA Homepage: https://www.naca.com
Like & subscribe for more NACA mortgage content! Share if you think this video could help someone! 🙏🤍
⏱️ Chapters:
00:00:00 - Intro
00:00:13 - NACA: What is Payment Shock
00:00:40 - NACA: Find out your Maximum Mortgage
00:01:33 - NACA: Payment Shock Calculation
00:02:29 - NACA: Delays
00:03:18 - NACA: Late Payments
00:03:50 - NACA: No Rental History
00:04:07 - NACA: Debt to Income Ration
00:04:56 - NACA Notion Template
Wishing you the best on your NACA home loan journey!
Wilma
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