If three years have passed since a Member closed on their NACA mortgage, what is one requirement for them to purchase through NACA again?

To be eligible to purchase through NACA again after three years since closing on their NACA mortgage, a Member must have lived in the property. This requirement ensures that the Member adhered to NACA's guidelines regarding owner-occupancy. NACA's program is specifically designed to assist individuals and families in achieving sustainable homeownership, focusing on primary residences rather than investment properties. By confirming that the Member has lived in the property, NACA reinforces its commitment to supporting homeownership stability and the integrity of its program.

The other options do not align with NACA’s policies for requalification. For instance, selling the property, making late payments, or purchasing another investment property do not reflect the organization's mission of promoting homeownership for primary residences. Thus, living in the property is a key indicator of successful participation in NACA's program and is a necessary condition for repeating the home-buying process with NACA.