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Local teacher describes path to homeownership through NACA character‑based mortgage program
Summary
A Tulsa teacher described using the Neighborhood Assistance Corporation of America (NACA) program — a counseling-based, character-underwriting mortgage path the presenter said requires no down payment or mortgage insurance — and urged other women to consider it as a wealth-building option.
Charissa Jacobs, an art teacher at McLean, told the Tulsa Women's Commission on Feb. 7 about her experience with the Neighborhood Assistance Corporation of America (NACA), describing it as a counseling‑based path to affordable homeownership that she and others in her family have used.
Jacobs said NACA’s model combines counseling and alternative underwriting that “does not consider one’s credit score” in the traditional way; instead the program conducts full‑document underwriting and works with members through steps (including budgeting and financial reviews)…
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