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Bank of America Introduces Community Affordable Loan Solution™ to Expand Homeownership Opportunities in Black/African American and Hispanic-Latino Communities

Bank of America today announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, Dallas, Detroit, Los Angeles and Miami.

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Bank of America expands minority lending possibilities

New program requires no down payment, has zero closing costs and waives insurance

United statesWhite houseDistrict of columbiaLos angelesCommunity reinvestment actNeighborhood assistance corporation of americaPurpose credit programCommunity homeownership commitmentCommunity affordable loan solutionA special purpose credit programSmall business down payment programOur community affordable loan solutionSpecial purpose credit programAfrican americanMortgage professional americaAfrican americans

Bank of America Introduces Affordable Loan Solution™ to Aid Homeownership in African American Communities - Los Angeles Sentinel

Bank of America’s Community Affordable Loan Solution™ aims to help eligible individuals and families obtain an affordable loan to purchase a home.    

United statesLos angelesNeighborhood assistance corporation of americaPurpose credit programCommunity homeownership commitmentCommunity affordable loan solutionAmerica real estate centerSmall business down payment programAmerica down payment centerNational association of realtorsOur community affordable loan solutionAfrican americanSpecial purpose credit programNeighborhood assistance corporationNational associationBlack americans

Bank of America Introduces Community Affordable Loan Solution

Bank of America Introduces Community Affordable Loan Solution
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United statesLos angelesNeighborhood assistance corporation of americaPurpose credit programCommunity homeownership commitmentCommunity affordable loan solutionAmerica real estate centerSmall business down payment programAmerica down payment centerNational association of realtorsOur community affordable loan solutionAfrican americanSpecial purpose credit programNeighborhood assistance corporationNational associationBlack americans

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