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

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#1

09-02-2022, 11:33 AM
jboldeniv

Administrator

Join Date: Sep 2020

Posts: 10425

Country: United States [US]
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Bank of America Tests No-Down-Payment Mortgages for Minority Communities.

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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#2

09-03-2022, 09:09 AM
jasondreamweaver

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Join Date: Sep 2021

Posts: 2232

Country: United States [US]
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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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#3

09-03-2022, 09:13 AM
jboldeniv

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Join Date: Sep 2020

Posts: 10425

Country: United States [US]
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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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