Good news for aspiring homeowners! B of A is bringing together products and resources that can help modest-income borrowers buy homes of their own. By combining down payment assistance and closing cost help with a low down payment mortgage, you may find that a new home is within reach.
Home grant programs
America’s Home Grant® program offers a lender credit of up to $7,500 that can be used towards non-recurring closing costs, like title insurance and recording fees, or to permanently buy down the interest rate. The funds do not require repayment.*
Down Payment Grant program offers a grant equaling 3% of the home purchase price, up to $10,000, to be used for a down payment in select markets. Grant Program is currently limited to two specific mortgage products. Contact a lending specialist for more information. The funds do not require repayment.*
* See full details https://mortgage.bankofamerica.com/mortgage-down-payment-center
CALL ME WHEN YOU ARE READY TO BUY, I WOULD LOVE TO ASSIST YOU WITH THE PURCHASE OR YOUR HOME 800-850-5690.