NACA does one kind of loan in their purrchase program, it's 30 year fixed, no downpayment (100% Loan to value). There are nio closing costs and no PMI (you pay $50/month for five to ten years depending on loan amount to their "Neighborhood Stabilization Fund"). You can't make a downpayment but if you have money for a downpayment it gets better, you can buy down to as low as 0.65%. The current rate is about 3% before buydown.
No income restrictions, but there's a maximum loan amount (in Maryland a bit under $370K). You cannot own any other real estate, this is an owner-occupant program.
the first step is to go to a NACA homne purchase workshop in your area.
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