Bank of America Takes on Government

By
Real Estate Agent with Keller Williams Realty - Topsfield, MA 92593-B

Bank of America has announced that it will offer 3% down mortgages with no PMI. According to the article the BoA mortgages could be lower than FHA. BoA has hooked up with Freddie Mac and Self-Help Ventures Fund. If you remember BoA has had to pay the government $800M in fines for the mortgage debacle.

Here's the whole article

http://www.nasdaq.com/article/bank-of-americas-newest-mortgage-3-down-and-no-fha-20160222-00460

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I pray that God our Father and the Lord Jesus Christ will be kind to you and bless you with peace

2 Thessalonians 1:2

 

Doug Dawes REALTOR®, AWREP, LMC

Broker Sales Associate

KELLER WILLIAMS REALTY - Topsfield/Newburyport

49 Main Street
Topsfield, MA 01983
 978-887-3995  ~ Office
 978-270-3037  ~ Cell
 DougDawes@KW.com

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Rainmaker
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Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I had not heard this, Doug. Will be calling a few of my lenders to get their perspective.

Feb 22, 2016 04:44 AM #1
Rainmaker
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Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Nina Hollander 

Was a Wall Street Journal article but I don't subscribe to WSJ. I heard it on Fox Business this morning and Googled it.

Feb 22, 2016 05:37 AM #2
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Rainmaker
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Doug Dawes

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