Who has here has used NACA?

[Walmsley Gedeon]

Neighborhood Assistance Corporation of America gives people the opportunity to purchase with no money down, covers all closing cost, no points or fees and has lower mortgage market rates. Sounds enticing right? So what is the downside of this program? What do I have to give them? Testimonies on the website list these great mortgage payments but are those minus the taxes and other additives to your monthly payment? Please educate me if you've gone threw the program and purchased successful. Thanks BP! WG