Bank of America Tests No-Down-Payment Mortgages for Minority Communities.

jboldeniv

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#1

Bank of America Tests No-Down-Payment Mortgages for Minority Communities.

09-02-2022, 10:33 AM

What do y'all think about this?

Bank of America to offer zero-down payment mortgages in certain Black and Hispanic communities | CNN Business

https://www.cnn.com

Bank of America is offering zero down payment mortgages with no closing costs for first-time homebuyers in certain Black and Hispanic neighborhoods in a new program designed to chip away at inequality in the housing market.
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jasondreamweaver

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#2

09-03-2022, 08:09 AM

That's great

This one way to build generational wealth. And with interest rates rising. This is the best time to do it
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jboldeniv

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#3

09-03-2022, 08:13 AM

Originally posted by jasondreamweaver View Post

That's great

This one way to build generational wealth. And with interest rates rising. This is the best time to do it

I agree.
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